Showing 1 - 4 of 4
Sound economic policies founder on toxic politics
News, Mohamed A El-Erian, Published on 17/10/2016
» The relationship between politics and economics is changing. Advanced-country politicians are locked in bizarre, often toxic, conflicts, instead of acting on a growing economic consensus about how to escape a protracted period of low and unequal growth. This trend must be reversed, before it structurally cripples the advanced world and sweeps up the emerging economies, too.
Young people are being left behind
News, Mohamed A El-Erian, Published on 20/07/2016
» Once again, young people have got the short end of the political stick. The outcome of the United Kingdom's Brexit referendum is but another reminder of a yawning generational divide that cuts across political affiliation, income levels, and race.
Global oil prices tumble to new normal
News, Mohamed A El-Erian, Published on 18/08/2015
» Oil prices have been heading south again, with a barrel of US crude recently falling below $42 (1,470 baht) -- the lowest level since March 2009, the nadir of the global financial crisis. And, while last year's sharp price drop was heavily influenced by two large supply shocks, the current decline also has an important demand dimension.
Europe must help Tsipras by providing debt relief
News, Mohamed A El-Erian, Published on 22/09/2015
» After repeated bungling, Europe suddenly has an opportunity to do the right thing about Greece's unsustainable debt. It would be a tragedy -- for both Greece and Europe -- if this opening went to waste.