Columnist

Mohamed A. El-Erian

Mohamed A. El-Erian, chief economic adviser at Allianz, is the author of “The Only Game in Town: Central Banks, Instability and Avoiding the Next Collapse.”
Twitter: @elerianm

Latest published



How the world can avoid a damaging trade war

The trade confrontation between the United States and China is heating up.

April 08, 2018

The risk of a new economic non-order

Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington for the annual meetings of the International Monetary Fund (IMF) and the World Bank, they will confront a global economic order under increasing strain.

September 21, 2017

The lost lesson of the financial crisis

Ten years ago this month, the French bank BNP Paribas decided to limit investors’ access to the money they had deposited in three funds. It was the first loud signal of the financial stress that would, a year later, send the global economy into a tailspin.

August 17, 2017

New life for the SDR?

The rise of anti-globalization political movements and the threat of trade protectionism have led some people to wonder whether a stronger multilateral core for the world economy would reduce the risk of damaging fragmentation.

April 24, 2017

An unstable economic order?

The retreat of the advanced economies from the global economy — and, in the case of the UK, from regional trading arrangements — has received a lot of attention lately. At a time when the global economy’s underlying structures are under strain, this could have far-reaching consequences.

February 01, 2017

The international barriers to Trump’s economic plan

US President-elect Donald Trump should have a relatively clear road ahead at home for the implementation of his economic program: With Republicans holding majorities in both houses of Congress, he seems likely to benefit from a break in the political gridlock that has paralyzed the body for the l

December 23, 2016

Sustaining the Trump rally

Donald Trump’s victory in the United States’ presidential election surprised most of the world. But the president-elect is not finished defying expectations.

December 05, 2016