Shobhit Shubhankar

51%
Flag icon
In practice, however, a young economy is most vulnerable to demand-driven inflation when if it has invested too little in its supply networks. The supply network includes everything from power plants and factories to warehouses, and the communication and transport systems that connect them to consumers. If these supply channels fall short of meeting demand, consumer prices start rising.
The Rise and Fall of Nations: Ten Rules of Change in the Post-Crisis World
Rate this book
Clear rating
Open Preview