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Mohamed A. El-Erian
Not Just Another Recession
Why the Global Economy May Never Be the Same
Foreign Affairs, 2022
Aperçu
Profound and lasting shifts in the global economy will require governments to change how they operate.
Recommendation
Protectionism, high inflation, poorly timed monetary policy and fiscal excess have left the global economy in a sorry state, says economist and former investment chief Mohamed A. El-Erian. He deftly argues that these are not simply transient events but ground-shifting transformations that will affect the future of governments, businesses and individuals. Executives and entrepreneurs will appreciate El-Erian’s no-nonsense call to change how society manages a new geopolitical and socioeconomic landscape.
Summary
About the Author
Mohamed El-Erian, former CEO and of co-chief investment officer of PIMCO, is president of Queens’ College, Cambridge, and chief economic adviser to Allianz.
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