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Changing the Equation

Mohamed El-Erian, Gordon Brown, and Michael Spence
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Do you feel like we’re in a permacrisis? Chances are you feel some anxiety about the state of the world right now. Mohamed, Michael and Gordon certainly did.These three friends – who between them have almost a century of expertise in international economics, business and global government – began talking over zoom at the start of the pandemic. They wanted to discuss the challenges the world was unanticipated shocks, poor policy responses, struggling coordination.But the more they talked, the more they realised there was nothing pre-ordained about the gloomy path we’re on now. Informed by their different perspectives, they sough a common achievable solutions to fix our fractured world. This book is the product of that thinking.An explanation of where we’ve gone wrong and a provocative, inspiring plan to do nothing less than change the world, this book sets out how we can proactively prevent crisis and better manage the future to the benefit of the many and not the few.The longer a problem goes unresolved, the worse it will get; that’s what happens in a permacrisis – and that’s why we need to act now.

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