Summary:
Inflation, a crucial economic metric, takes center stage in this comparative analysis of two distinct regions over the past 15 years. There is a consistent trend of higher inflation in the South Asia region compared to the East Asia and Pacific region.
This persistent trend could stem from dissimilarities in economic policies, regulatory frameworks, or even the composition of their respective economies. Policymakers in the South Asia region may need to reevaluate existing policies to address inflationary pressures. On the other hand, policymakers in the East Asia and Pacific region can explore strategies to sustain their lower inflationary pressures while promoting economic growth.
Highlights:
- There is a consistent trend of higher inflation in the South Asia region compared to the East Asia and Pacific region.
- Policymakers in the South Asia region may need to reevaluate existing policies to address inflationary pressures.
- On the other hand, policymakers in the East Asia and Pacific region can explore strategies to sustain their lower inflationary pressures while promoting economic growth.
Article By NG, Wee Yang
Graphic By GE, Yixuan
