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Noida: A powerful workshop was designed by Karem Samandari advisor Asian Business School to bring in the awareness about the World Financial Condition to the knowledge of Students of Asian Business School, recently.

Global inflation is expected to reach 8.8% in 2022. However, some countries are being much more harshly impacted than others. Inflation rates are soaring throughout the world. Many economies are experiencing double or triple digit rises in prices,” informed Dr. Sandeep Marwah initiating the session.

Other factors adversely impacting the economy were bottlenecks in supply chains, rising freight costs and the shift in the composition of private consumption towards goods. Following the invasion, the food and energy prices have escalated globally,” explained Augusto Lopez Claros.

Augusto Lopez Claros from Spain, is Executive Director of the Global Governance Forum.. He is an international economist with over 30 years of experience in international organizations, including most recently at the World Bank. For the 2018/2019 academic years, Augusto Lopez-Claros was on leave from the World Bank as a Senior Fellow at the Edmund Walsh School of Foreign Service at Georgetown University.

Previously he was chief economist and director of the Global Competitiveness Program at the World Economic Forum in Geneva, where he was also the editor of the Global Competitiveness Report, the Forum’s flagship publication. Before joining the Forum he worked for several years in the financial sector in London, with a special focus on emerging markets. He was the IMF’s Resident Representative in Russia during the 1990s.

Educated in England and the United States, he received a diploma in Mathematical Statistics from Cambridge University and a PhD in Economics from Duke University.

Dr Sandeep Marwah honoured Augusto with Memento and presented him with membership of International Business and Management Research Centre. The event was supported by International Chamber of Media and Entertainment Industry & Indo Spain Film and Cultural Forum.

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