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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
165 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016) and a co-author (with Gordon Brown, Michael Spence, and Reid Lidow) of Permacrisis: A Plan to Fix a Fractured World (Simon & Schuster, 2023).

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  1. The Indian Giant Has Arrived
    op_elerian1_ Debarchan ChatterjeeNurPhoto via Getty Images_indiapopulation Debarchan Chatterjee/NurPhoto via Getty Images

    The Indian Giant Has Arrived

    Mar 22, 2024 Mohamed A. El-Erian & Michael Spence consider the risks and challenges associated with the country's rapidly expanding global footprint.

  2. Will the US Economy Drive Global Growth this Year?
    elerian164_ANGELA WEISSAFP via Getty Images_nyse Angela Weiss/AFP via Getty Images

    Will the US Economy Drive Global Growth this Year?

    Feb 26, 2024 Mohamed A. El-Erian explains why economists and investors are far too optimistic about America’s near-term prospects.

  3. Don’t Extrapolate Last Year’s Trends for the Global Economy
    elerian163_Michael M. SantiagoGetty Images_global economy Michael M. Santiago/Getty Images

    Don’t Extrapolate Last Year’s Trends for the Global Economy

    Jan 11, 2024 Mohamed A. El-Erian sees several reasons why markets’ current optimistic mood will sour by the end of the year.

  4. The Growing Risk of Global Disorder
    elerian162_ BRENDAN SMIALOWSKIAFP via Getty Images_biden BRENDAN SMIALOWSKI/AFP via Getty Images

    The Growing Risk of Global Disorder

    Dec 14, 2023 Mohamed A. El-Erian highlights two recent developments that have undermined the legitimacy of American leadership.

  5. Beware the New Consensus on the Global Economy
    elerian161_Getty Images_global economy Getty Images

    Beware the New Consensus on the Global Economy

    Nov 29, 2023 Mohamed A. El-Erian worries that domestic political divisions and market volatility could exacerbate financial vulnerabilities.

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  1. op_roach3_ Kevin FrayerGetty Images_china lagging consumption Kevin Frayer/Getty Images

    China’s Rebalancing Imperative

    Stephen S. Roach

    The most successful development stories almost always involve major shifts in the sources of economic growth, which in turn allow economies to reinvent themselves out of necessity or by design. In China, the interplay of mounting external pressures, lagging household consumption, and falling productivity will increasingly shape China’s policy choices in the years ahead.

    explains why the Chinese authorities should switch to a consumption- and productivity-led growth model.
  2. castaneda88_GERARDO MENOSCALAFP via Getty Images_latin america safety GERARDO MENOSCAL/AFP via Getty Images

    From Welfare State to Safe State in Latin America

    Jorge G. Castañeda & Carlos Ominami

    Designing a progressive anti-violence strategy that delivers the safety for which a huge share of Latin Americans crave is perhaps the most difficult challenge facing many of the region’s governments. But it is also the most important.

    urge the region’s progressives to start treating security as an essential component of social protection.
  3. ocampo57_Celal GunesAnadolu Agency via Getty Images_imf Celal Gunes/Anadolu Agency via Getty Images

    The Urgency of Sovereign-Debt Restructuring

    José Antonio Ocampo highlights the need for a comprehensive mechanism to deliver relief to low- and middle-income countries.
  4. fischer215_Mostafa AlkharoufAnadolu via Getty Images_tel aviv iran attack Mostafa Alkharouf/Anadolu via Getty Images

    The Gaza War Goes Global

    Joschka Fischer considers the implications of Iran’s unprecedented decision to launch a direct strike on Israeli territory.
  5. nyirinkindi1_ISAAC KASAMANIAFP via Getty Images_women phone fintech ISAAC KASAMANI/AFP via Getty Images

    Gender-Neutral Fintech Isn’t Working for Women

    Emmanuel Nyirinkindi & Jessica Schnabel show that the industry is not fully delivering on its promise to accelerate financial inclusion.
  6. evans72_Alex WongGetty Images_palestine statehood Alex Wong/Getty Images

    The Urgency of Palestinian Statehood

    Gareth Evans explains why formal international recognition is crucial to ending the intolerable status quo.
  7. schiffrin10_Mark WilsonGetty Images_journalists Mark Wilson/Getty Images

    Quality Journalism Is More Important than Ever

    Anya Schiffrin, et al. explain how policymakers can support rigorous, objective reporting, just as they provide other public goods.
  8. wei60_MANJUNATH KIRANAFP via Getty Images_india population MANJUNATH KIRAN/AFP via Getty Images

    Is India’s Economy Overhyped?

    Shang-Jin Wei argues that the country’s rapid development, while undeniable, conceals deeper structural problems.
  9. krake1_Celal GunesAnadolu via Getty Images_spring meetings Celal Gunes/Anadolu via Getty Images

    Negotiating a Bigger, Better World Bank

    Michael Krake & Wempi Saputra explain how a new framework will nudge countries to invest in projects that deliver global public goods.

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