From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure. Photo: Bloomberg
From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure. Photo: Bloomberg
Asean

Have India’s ban on wheat, and Malaysia’s embargo on chicken helped Asia’s targeted approach to curb inflation?

  • Most central banks in the region have not had to raise interest rates as quickly elsewhere because of measures taken in many Asian countries
  • Western governments have been reluctant to intervene in production lines to bring down prices of food and fuel leading to high inflation in the US and UK

From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure. Photo: Bloomberg
From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure. Photo: Bloomberg
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