Will slow growth and inflation lead to stagflation? Economist Greg Daco speaks to Radio Davos
The global economy is in a period of slowdown combined with inflation - does that mean the dreaded 'stagflation' is inevitable? We ask economist Greg Daco.
Gregory Daco is Chief Economist at EY-Parthenon – one of the largest global strategy consulting organizations, with over 7,000 professionals helping CEOs and business leaders design and deliver transformative strategies across the entire enterprise.
Greg leads thematic research on the global economy, central bank policy and fiscal policy. He uses econometric modelling to produce macroeconomic forecasts for a wide array of sectors. Greg conducts frequent briefings for CEOs, corporate boards, trade associations and policymakers. His unique approach to macroeconomics makes him a frequent contributor to the FT, WSJ, NYT and other newspapers and he is a regular guest of CNBC, Bloomberg, BBC and NPR.
Prior to joining EY, Greg was Chief US Economist at Oxford Economics where he led a team of high-caliber economists producing forecasts, analysis and research on the US economy. Before Oxford Economics, Greg was Director of US Macroeconomics at IHS Global Insight, now IHS Markit. He also worked in the Economic Affairs Department of the Belgian Embassy in Australia and the Permanent Representation of Belgium to the UN and WTO in Geneva.
Greg is the recipient of numerous forecasting awards, including the Consensus Economics Forecast Accuracy Award in 2019. Greg is a former Board Director of the National Association for Business Economics (NABE), former President of the New York Chapter of NABE as well as founder and former President of the Boston Chapter of NABE. He holds a Master of Arts in economics from Boston University, and a Master of Science in Business Management from Université de Louvain in Belgium.