The surge in international prices on energy and food, which were amplified by Russia’s invasion of Ukraine, triggered a cost-of-living crisis, and constituted significant terms-of-trade shock for many countries. Despite some moderation in prices at the turn of 2023, global prices on main products such as energy and food, which account for significant shares of household consumption baskets, remain elevated. These developments have a disproportionate impact on low-income households. During 2022, the shock triggered swift policy actions by governments with the aim to mitigate the impact on households and firms. Governments with existing broad-based price subsidies on energy and food continued maintaining these policies, without necessarily announcing new discretionary actions, leading to higher fiscal costs.
积分充值
30积分
6.00元
90积分
18.00元
150+8积分
30.00元
340+20积分
68.00元
640+50积分
128.00元
990+70积分
198.00元
1640+140积分
328.00元
微信支付
余额支付
积分充值
应付金额:
0 元
请登录,再发表你的看法
登录/注册