Mohamed A El-Erian

Articles By Mohamed A El-Erian

52 Articles

Economics vs Covid-19: The question of how to get cash to the intended recipients is not as straightforward

The more that economic thinking advances to meet changing realities, the better will be the analysis that informs the policy response.

coronavirus, Covid-19, developing economies, modern economies, economic survey, direct bailout programs, indian economy News

Worldwide, Central banks face a year of challenges

Long-term economic well-being, and financial stability call for comprehensive multi-year engagement using structural, fiscal, and cross-border tools

The ECB, too, pushed its interest-rate structure further into negative territory and restarted its asset-purchase program. News

Middle East crisis: Is US Presidnet Donald Trump’s Iran strategy working?

The US may have made some gains, and even avoided, for now, the greatest immediate risk of a destabilising conflict, but it must be wary of rife aggressive unilateralism

Middle East crisis, US President, Donald Trump, Qassem Suleimani, Soviet Union, World Trade Organization, Ronald Reagan, USMCA, European countries News

The global economy’s luck may run out

Unfortunately, a policy push that could improve and clarify the medium-term outlook is unlikely. The US is entering a tense and divisive election year.

Opinion News

Christine Lagarde’s edge is Europe’s opportunity

Lagarde brings a uniquely well-suited skillset to the challenge of avoiding a second lost decade of low, insufficiently inclusive eurozone growth.

Opinion News

How Argentina has fallen back into an avoidable crisis

The country has fallen back into an avoidable crisis because its economic and financial foundations have not changed significantly since 2001.

Opinion News

Are central banks losing their big bet

These developments highlight how newly salient political issues are impinging on policymaking, rendering economic prospects even more uncertain.

Opinion News

America’s unusual recovery: Now also its longest

Owing to this strength, America has become increasingly assertive in pursuing national objectives abroad, including by circumventing long-standing cooperative and conflict-resolution mechanisms and threatening import tariffs

Sovereign Bond, Arvind Virmani, EGROW Foundation News

Inflation could return: Investors and policymakers are ignoring structural factors

We are in the middle of a multi-stage process in which strong disinflationary supply-side forces eventually give way to the return of higher inflation

inflation, bond markets, global bonds, US Treasuries, US Treasuries, US unemployment rate, labour market, US Federal Reserve, QE bond purchases News

Western nations can avoid the Japan trap

When crafting the required comprehensive policy response, economies must recognise that the hurdles are a lot less technical, and a lot more political.

Opinion News

Reimagining the Davos conference: Making the summit forward looking, again

Year after year, the focus of the conference has ended up more backward-looking than forward-looking and the delegates should, instead, collect and discuss best practices for dealing with usual levels of uncertainty

Opinion News

Challenge for central banks: The Fed and the ECB are retreating from the business of ensuring market calm

This might be more along the lines of what the Bank of England does with its quarterly inflation report.

Opinion News

Explained: Brexit effects on the global economy

The Brexit process showcases the risks associated with economic and political fragmentation, and provides a preview of what awaits an increasingly fractured global economy if this continues

Opinion News

Tug of war of markets: Global downward forces slowing activity in China and Europe

The downward forces acting on worldwide markets are the slowing of activity in China and Europe and the divergent beliefs of the Fed and markets when it comes to the Reserve’s rate hikes

Opinion News

Years of insufficiently inclusive growth has given appeal to unorthodox policy approaches

The appeal of unorthodox policy approaches is the result of years of insufficiently inclusive growth, coupled with mounting concerns about income, wealth and opportunity

Opinion News

Central banks no longer cushion markets

Draghi emphasised the implicit message that neither governments nor markets can continue to rely on regular, large and predictable liquidity injections to offset their own problems

Opinion News

Developing countries may not be able to count on some of their basic assumptions about international trade

Developing countries may not be able to count on some of their basic assumptions about international trade, besides having to deal with currency, capital flow and interest rate changes.

international trade, Developing countries, capital flow, International Monetary Fund, opinion News

Global finance: Lessons from the global financial crisis

The market structure that emerged from the financial crisis involves significantly larger institutions, particularly US-based ones

Opinion News

A Reagan moment for international trade

The US, being generally more economically resilient than other countries, would do better than most others in a contracting world economy.

Opinion News

Four lessons from Egypt’s World Cup exit

Greater efforts are needed to seize international opportunities for human-capital development

Opinion News

Agnostic markets: Markets and political pundits disagree on the G7

The disparity can be explained by the fact that G7 infighting will have only a narrow impact on growth, especially compared to factors like monetary policy.

World News

Managing the risks of a rising dollar

Argentinian President Mauricio Macri’s government has asked the International Monetary Fund for a loan that it hopes can stem a peso rout that has driven up interest rates, has slowed the economy, and threatens the reform p

India's 1st line of defence: RBI's $424 bn forex war chest to shield country from global uncertainties News

Tariff war: The global trade game

Supply chains now can have as many significant international links as domestic ones, and a substantial share of internal demand is being met by products partly or wholly produced abroad.

Tariff war, global trade game, China, Chinese imports, US administration, Donald Trump, Tariff war, United States, China, US goods, Economists  News

The World Order: Saving the shrinking middle

There was a time when many regarded being in the middle of the distribution—socially, politically, and in the business world —as a favourable, stabilising and desirable outcome.

economy, economic policy, politics, business, asset management News

Globalisation blues: Working towards the next economic paradigm

For decades, the Western world put its faith in a well-defined and broadly accepted economic paradigm with applications at both the national and global levels.

globalisation, global stocks, worldwide stocks, stock markets across glob, economy, stock markets, investment News

How the downside risks for oil prices have shifted from the demand-side to the supply side

Shale, likely reversal in dollar strength and production indiscipline by Opec members like Venezuela may beat down prices again.

oil prices, downside risks, economic growth, global economic growth, impressive price recovery, price recovery News

Threat of financial crisis lower than risk facing growth; no Minsky Moment for China

Zhou Xiaochuan, the long-serving and respected governor of the People's Bank of China, raised eyebrows last week when he cautioned that the country could have a “Minsky Moment” if “we are too optimistic when things go s

Moment for China, china financial threat, financial crisis, financial crisis in china, People's Bank of China, Paul McCulley, Zhou Xiaochuan, Chinese households, Chinese economy, Chinese banks, financial system in china News
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


Stock Market