In This Episode
When esteemed economist and author Eswar Prasad set out to write his latest book, it was to be about the promise of some recent trends within the world’s economic and power structures, but he found something darker. The Doom Loop is about what happens when the positive forces that normally bring stability begin to work against each other. In this podcast, Prasad says that the dynamics of this negative feedback loop have led to the erosion of institutions across the globe. Transcript
Look for the book review in the upcoming June issue of IMF's Finance & Development magazine
ESWAR PRASAD is a professor of economics at Cornell University and a senior fellow at the Brookings Institution.
