With the IMF predicting a contraction in global GDP of 5% in 2020 and infection rates continuing to soar, the burden on low-income households and countries is particularly severe, threatening recent gains in reducing global poverty. Join us as INET Commissioner Mohamed A. El-Erian discusses the key elements, both domestic and international, of a healthy global economic response to the coronavirus pandemic.
Mohamed A. El-Erian is a member of INETs Global Commission on Economic Transformation, the President-Elect of Queens’ College Cambridge and Chief Economic Advisor at Allianz, the corporate parent of PIMCO, where he formerly served as chief executive, and co-chief investment officer (2007-2014). He chaired President Obama’s Global Development Council, is a Senior Advisor at Gramercy, columnist for Bloomberg View, a contributing editor at the Financial Times, and the author of several books including two New York Times bestsellers (When Markets Collide and The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse). He is a graduate of Cambridge University and obtained maters’ and doctorate’s degrees in Economics from Oxford University.