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A World Shaped by Supply
Report

A World Shaped by Supply

BlackRock, 2022


Editorial Rating

8

Qualities

  • Analytical
  • Overview
  • Hot Topic

Recommendation

Consumers and businesses are experiencing inflation levels not seen in decades. Distressed global supply chains, green energy shifts and changing demographics, rather than traditional demand-side imbalances, are the culprits in these price surges, and BlackRock professionals Elga Bartsch, Jean Boivin and Alex Brazier argue that supply-driven inflationary pressures are here to stay. Investors and executives concerned with the inflation threat will find some valuable insights in this timely report.

Take-Aways

  • Inflation today is tied far more to supply factors than demand determinants.
  • Supply-driven inflation will continue as countries progress toward their clean energy goals.
  • Central bankers face the difficult task of mitigating inflation while not choking off economic growth.

About the Authors

Elga Bartsch runs macroresearch at the BlackRock Investment Institute, which Jean Boivin leads. Alex Brazier is the Institute’s deputy head.