Diverging policy responses : fueling inflation in advanced, slower growth in emerging markets

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      <subfield code="a">The rise in inflation since mid-2020 has been twice as steep in advanced (AMs) than emerging markets (EMs). Higher tolerance for inflation and greater fiscal support will fuel relatively stronger economic growth in AMs in the short to medium term. With these divergences, EM insurance take up-rates will be subject to headwinds, while insurers in AMs face greater claims costs.</subfield>
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