The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse

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Central banks' role in averting global economic collapse.

As someone interested in the global economic landscape, you'll find "The Only Game in Town" to be a crucial read. Mohamed El-Erian offers an expert breakdown of our financial system's challenges and the pivotal role central banks play. His insights could help you grasp why we can't rely solely on these institutions for economic stability, and what coordinated actions could lead us back to prosperity. It's a blend of sophisticated analysis and practical wisdom on navigating the future's economic uncertainties.

The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse

Regular price RM46.61 MYR
Unit price
per
ISBN: 9780300222531
Authors: Mohamed El-Erian
Date of Publication: 2016-03-08
Format: Hardcover
Related Collections: Economics, Politics, Business, History
Goodreads rating: 3.57
(rated by 1119 readers)

Description

Surrounded by sluggish growth, high rates of unemployment, rising inequality, growing financial instability and increased social tensions, pessimism about our future abounds. Dr. Mohamed A. El-Erian, one of the world's most influential economic thinkers, explains lucidly the realities of the economic choices that we will soon face. The path that the global economy and markets are on is ending. But what comes thereafter is far from predestined. It critically depends on choices that we make as households and companies, and decisions that our political representatives take. The Only Game in Town details how the world is increasingly being shaken, both from above and from below. It illuminates the growing internal contradictions, the constraints that are undermining growth and prosperity, and the radical overhaul in thinking that is required. In the aftermath of the financial crisis, central banks were handed responsibility for the fate of the global economy. Lifting the veil on the inner workings of these powerful and innovative institutions, El-Erian explains why they cannot save us this time around.Laying out a road map for growth, The Only Game in Town shows how and why collaboration between central bankers, policymakers and business leaders is essential. Drawing on insights from behavioral science, economics and finance, this book provides the tools needed to understand the uncertainties that lie ahead and return us to a path of prosperity. Thought provoking and insightful, this book is required reading for investors, policymakers, and anyone interested in the future.
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Central banks' role in averting global economic collapse.

As someone interested in the global economic landscape, you'll find "The Only Game in Town" to be a crucial read. Mohamed El-Erian offers an expert breakdown of our financial system's challenges and the pivotal role central banks play. His insights could help you grasp why we can't rely solely on these institutions for economic stability, and what coordinated actions could lead us back to prosperity. It's a blend of sophisticated analysis and practical wisdom on navigating the future's economic uncertainties.