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Another approach to reconciling economic growth with environmental sustainability is the concept of the circular economy.. A prolonged conflict threatens to drive up an array of consumer prices and shrink economic growth, they added, while a shortlived battle could leave little lasting damage..
The Scale And Persistence Of The Energy Shock Will Ultimately Determine The Macroeconomic Impact.
For Energyimporting Economies, The Main Transmission Channel Is Likely To Be Via Inflation.
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