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The Only Game in Town - Central Banks, Instability, and Avoiding the Next Collapse (Paperback)
Loot Price: R312
Discovery Miles 3 120
You Save: R78
(20%)
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The Only Game in Town - Central Banks, Instability, and Avoiding the Next Collapse (Paperback)
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List price R390
Loot Price R312
Discovery Miles 3 120
You Save R78 (20%)
Expected to ship within 5 - 10 working days
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An incisive analysis of the state of the global economy and what
the future holds. 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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