Global Environment of Contemporary Public Action

Is this really the major challenge facing central bankers who will be responsible for organizingthe reflux without creating disturbances in nature? Could improving the global economic situation, paradoxically, not lead to increased tensions in the most vulnerable countries as in the system as a whole? The author argues that there is here potential for additional financial shocks, especially if fears of inflation resurgence led central banks to relax their monetary policies, such as to create scenarios of a checkered global recovery.