The global economy is nearing a crossroads—as central banks alone seem unable to foster high inclusive growth and durable financial stability. According to Mohamed A. El-Erian, there are two paths ahead: one leading to recovery, prosperity, and stability, and the other to recession and continued instability. What must we do—individually and collectively—to avoid the next collapse?

The Global Economy: How to Avoid the Next Collapse

The Chicago Council on Global Affairs is an independent, nonpartisan organization that provides insight – and influences the public discourse – on critical global issues. We convene leading global voices and conduct independent research to bring clarity and offer solutions to challenges and opportunities across the globe. Ranked the #1 Think Tank to Watch worldwide, the Council on Global Affairs is committed to engaging the public and raising global awareness of issues that transcend borders and transform how people, business and governments engage the world.

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The Global Economy: How to Avoid the Next Collapse

The Global Economy: How to Avoid the Next Collapse