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Berhanu Nega

Berhanu Nega

Writing for PS since 2005
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Berhanu Nega is a member of the Executive Committee and Chairman of the 2005 campaign of the Coalition for Unity and Democracy, Ethiopia’s main opposition party.He was formerly the President of the Ethiopian Economic Association.

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    A Global Economy Without a Cushion

    Stephen S. Roach

    From 1990 to 2008, annual growth in world trade was fully 82% faster than world GDP growth. Now, however, reflecting the unusually sharp post-crisis slowdown in global trade growth, this cushion has shrunk dramatically, to just 13% over the 2010-19 period, leaving the world economy more vulnerable to all-too-frequent shocks.