Navigating the new normal in industrial countries
By: Mohamed A. El-Erian
Contributors: Per Jacobsson Foundation
Series: Per Jacobsson lecture -- 2010; Per Jacobsson lecture -- 2010.
Publisher: Per Jacobsson Foundation
Published: 2010
Place of publication: [Washington, D.C.]
Language: eng
Number of pages: 36
Subjects: Global Financial Crisis, 2008-2009; Global Financial Crisis (2008-2009) fast (OCoLC)fst01755654
Description: Addresses the ineffectiveness of postcrisis responses by both the private and public sectors in industrial countries where expectations involve an unusually broad range of potential outcomes and equally unusually high risks. Argues that this change is insufficiently recognized, that multiple visible structural changes on the ground are not being sufficiently acknowledged as an ongoing paradigm shift, which hinders the formulation of appropriate responses.--Introduction.
Notes: Lecture given on October 10, 2010 in Washington D.C., sponsored by the Foundation.

Includes bibliographical references.

Also freely available online.