Economist Eswar Prasad warns a ‘motley group’ of middle powers can’t stop the ‘doom loop’ threatening the global economy

AI Briefing

• – Economist Eswar Prasad warns of a 'doom loop' threatening the global economy due to globalization's worsening instability, according to his book 'The Doom Loop'.
• – A 'motley group' of middle powers cannot stop the economic downturn.
• – Global business is exacerbating the problem, according to Prasad.