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CAMBRIDGE — For decades, China set a shining example of how to capitalise on globalisation to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalisation’s shift from a beneficial tailwind to a disruptive headwind.
CAMBRIDGE — For decades, China set a shining example of how to capitalise on globalisation to accelerate domestic economic growth and development. These days, however, the country risks becoming a cautionary tale about mishandling globalisation’s shift from a beneficial tailwind to a disruptive headwind.
CAMBRIDGE — The global economy this year is full of puzzling surprises. Japan’s GDP growth is currently surpassing that of China, and July retail sales in the United States were double the consensus forecast, despite the US Federal Reserve pursuing one of the most concentrated rate-hiking cycles in decades.
By Mohamed A. El-Erian- The global economy this year is full of puzzling surprises. Japan’s GDP growth is currently...
Mohamed El-Erain thinks much will depend on the US Federal Reserve performance over the next six months