By Raffique Shah
January 24, 2022
It didn’t take Nobel Prize-winning economists such as St Lucia’s Sir Arthur Lewis, or the USA’s Milton Friedman or Paul Krugman, to project that as the world economy emerged from an unprecedented virtual lockdown that lasted three, four, who knows how many years during the Covid pandemic, commodity prices, especially those of goods and services that are critical to the recovery of countries across the world, would rise rapidly, putting them beyond the reach of the poorest nations and the poor in every nation.
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