Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy

Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy

Prasad, author of “The Doom Loop,” worries that the forces behind globalization are worsening instability–and that global business is making things worse.

Mark Carney, Canadas prime minister, didnt mince words when he took the stage at the World Economic Forum in Davos earlier this year. In Carneys estimation, the rules-based international order was ex… [+6235 chars]
Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy - FHMnews