Inflationary impacts since the Global Pandemic Crisis: the potential of forecasting techniques and technologies

Abstract

Important lessons which were drawn from the most recent GFC - notably, the growing need for accommodative policies (unconventional and conventional) to facilitate appropriate responses - given limited monetary policy spaces, the emergence, rise and evolution of private actors and their implications for monetary policies and financial stability. Even though the ramifications and consequences of the April 2nd Announcement are still unfolding, its immediate and devastating impacts on global stock markets across the world are already apparent. The immediate repercussions do not only embrace the turbulence and volatility currently being witnessed in stock markets and exchanges across the globe, but also its potential to partially or significantly impact trading relationships. Whilst its apparent and immediate impacts can be seen across global stock markets – with growing concerns of retaliatory measures, particularly by those countries impacted, the principal rationale behind the unprecedented announcement appears to have its origins and association with the manner in which current multilateral trade agreements are functioning and the dissatisfaction with current world trade dispute resolution mechanisms. Amongst other goals and objectives, this paper considers innovative possibilities - particularly those of distributed ledger technologies which constitute benefits which can be harnessed to enhance digital possibilities of the Fourth Industrial Revolution.