GLOBAL FINANCE
The Risk Factor
Mohamed A. El-Erian
Will United States Treasury bills retain their gold-plated status? What would a more freely floating Chinese renminbi mean for the world economy? Is the eurozone a good bet to survive and grow? Can emerging-market countries somehow insulate themselves, at long last, from the destructive effects of volatile global capital flows?
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From Argentina to Athens?
Mohamed A. El-Erian Series: The Risk Factor 2012-02-15What Greece is facing today is, in key respects, what Argentina faced in August of 2001. Unless Europe reflects on Argentina's experience, the parallels with Greece may end up including financial meltdown, a deep output collapse, and social and political turmoil.... read Comments: 3 Recommended: 0 Read: 24220 -
Egypt’s Unfinished Revolution Will Succeed
Mohamed A. El-Erian Series: The Risk Factor 2012-01-23
A year ago, as the World Economic Forum convened in Davos, Egyptians of all ages and religions took to the streets and, in just 18 days of relatively peaceful protests, removed a regime that had ruled over them with an iron fist for 30 years. Today, their revolution is, unfortunately, incomplete and imperfect, but make no mistake: Egyptians will finish what they started.... read Comments: 5 Recommended: 0 Read: 9019 -
Repairing the Global Plumbing
Mohamed A. El-Erian Series: The Risk Factor 2012-01-19More than three years after the global financial crisis, the world still has a nasty plumbing problem: credit pipes remain clogged, and only central banks are working to clear them. Fortunately, it is not too late to build broader pipes that compliment and replace the damaged infrastructure.... read Comments: 12 Recommended: 0 Read: 25666 -
The New International Economic Disorder
Mohamed A. El-Erian Series: The Risk Factor 2011-12-21
A new economic order is taking shape in front of our eyes, as the old Western powers and the emerging world’s major new players converge. But the forces driving this convergence are not those that generations of economists envisaged when they pointed out the inadequacy of the old order.... read Comments: 8 Recommended: 0 Read: 40951 -
The Anatomy of Global Economic Uncertainty
Mohamed A. El-Erian Series: The Risk Factor
2011-11-18The sense of uncertainty prevailing in the West is palpable, and rightly so: People are worried about their future, with a record number now fearing that their children may end up worse off than them. Unfortunately, things will become even more unsettling in the months and years ahead.... read Comments: 15 Recommended: 2 Read: 49668 -
America at Stall Speed?
Mohamed A. El-Erian Series: The Risk Factor 2011-10-19
Judging from the skittishness of both markets and “consensus expectations,” US economic prospects remain truly confusing. This situation is both understandable and increasingly dangerous for America’s well-being and that of the global economy.... read Comments: 15 Recommended: 0 Read: 36483 -
Countering the Contagious West
Mohamed A. El-Erian Series: The Risk Factor 2011-09-19In the world of old, the West’s economic malaise already would have pulled the rug from beneath most emerging-market countries. Today, however, these countries have considerable policy flexibility and greater latitude to act than they had in the past.... read Comments: 4 Recommended: 0 Read: 29092 -
Europe’s Central Bank at Sea
Mohamed A. El-Erian Series: The Risk Factor 2011-08-16
Had the ECB known at the start of Europe’s debt crisis that the endgame would be neither simple, nor orderly, it might have resisted risking its balance sheet and reputation. Then again, it probably could not have done otherwise.... read Comments: 4 Recommended: 1 Read: 46491 -
Pity the Policymakers
Mohamed A. El-Erian Series: The Risk Factor 2011-07-21Today’s Western policymakers face unusually difficult challenges with abnormally ineffective tools. But pity is not a free pass: We should demand that policymakers shift from their traditional cyclical mindset to one that comprehends and addresses the more complicated, yet critically important, structural issues that underlie today’s malaise.... read Comments: 6 Recommended: 1 Read: 34484
| America’s Dangerous Debt Ceiling Debate | Mohamed A. El-Erian |
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