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Mohamed A. El-Erian

Mohamed A. El-Erian

Writing for PS since 2010
166 commentaries

Mohamed A. El-Erian, President of Queens’ College at the University of Cambridge, is a professor at the Wharton School of the University of Pennsylvania and the author of The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse (Random House, 2016) and a co-author (with Gordon Brown, Michael Spence, and Reid Lidow) of Permacrisis: A Plan to Fix a Fractured World (Simon & Schuster, 2023).

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  1. Navigating Major Transitions in an Uncertain Economy
    elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    Navigating Major Transitions in an Uncertain Economy

    Apr 26, 2024 Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.

  2. The Indian Giant Has Arrived
    op_elerian1_ Debarchan ChatterjeeNurPhoto via Getty Images_indiapopulation Debarchan Chatterjee/NurPhoto via Getty Images

    The Indian Giant Has Arrived

    Mar 22, 2024 Mohamed A. El-Erian & Michael Spence consider the risks and challenges associated with the country's rapidly expanding global footprint.

  3. Will the US Economy Drive Global Growth this Year?
    elerian164_ANGELA WEISSAFP via Getty Images_nyse Angela Weiss/AFP via Getty Images

    Will the US Economy Drive Global Growth this Year?

    Feb 26, 2024 Mohamed A. El-Erian explains why economists and investors are far too optimistic about America’s near-term prospects.

  4. Don’t Extrapolate Last Year’s Trends for the Global Economy
    elerian163_Michael M. SantiagoGetty Images_global economy Michael M. Santiago/Getty Images

    Don’t Extrapolate Last Year’s Trends for the Global Economy

    Jan 11, 2024 Mohamed A. El-Erian sees several reasons why markets’ current optimistic mood will sour by the end of the year.

  5. The Growing Risk of Global Disorder
    elerian162_ BRENDAN SMIALOWSKIAFP via Getty Images_biden BRENDAN SMIALOWSKI/AFP via Getty Images

    The Growing Risk of Global Disorder

    Dec 14, 2023 Mohamed A. El-Erian highlights two recent developments that have undermined the legitimacy of American leadership.

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  1. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images
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    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  2. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images
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    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  3. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images
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    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  4. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images
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    Defining Success in Ukraine

    Richard Haass

    Jake Sullivan, the US National Security Adviser, has expressed the view that 2025 could be the time for Ukraine to once again mount a counter-offensive against Russian troops. Given the strategic math, that would be a serious mistake.

     calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  5. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images
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    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.
  6. khrushcheva180_ContributorGetty Images_shoiguputin Contributor/Getty Images
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    Russia’s Battle of the Ministries

    Nina L. Khrushcheva sees a high-ranking official's recent arrest as a sign of declining confidence in Vladimir Putin's leadership.
  7. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images
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    The “Billions to Trillions” Charade

    Jayati Ghosh

    Multilateral development banks and international financial institutions argue that mobilizing private investment is crucial to meeting developing economies’ needs for climate and development finance. But boosting government revenues is far more likely to generate the trillions of dollars needed to close these financing gaps.

     explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.
  8. aljasser1_SEYLLOUAFP via Getty Images_dakarairport Seyllou/AFP via Getty Images
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    Leveraging Islamic Finance for Sustainable and Resilient Infrastructure

    Muhammad Al Jasser shows how a hybrid financing model could help fund desperately needed projects in the developing world.
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    Adekeye Adebajo on the Non-Aligned Movement, United Nations peacekeeping, African institution-building, and more

    Adekeye Adebajo argues that Israel’s war in Gaza is accelerating the trend toward global apartheid, highlights the strengths and weaknesses of United Nations peacekeeping missions, criticizes the militarization of US engagement with Africa, and more.

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