ESMT Events

ESMT Open Lecture with Mohamed A. El-Erian

“High Inclusive Growth – The Elusive Quest”

The persistent and prolonged failure to deliver higher and more inclusive growth has become a defining characteristic of the last decade in advanced economies. The result is an unusual level of multifaceted fluidity; and the worrisome effects extend well beyond economics and finance to include institutional, political and social consequences. Dr. El-Erian discussed the main lessons of this period of disappointing growth, some of which are yet to be internalized sufficiently in academia and policymaking circles, thereby risking analyses that are either unnecessarily fatalistic or incomplete. This will provide the context for assessing current consensus projections for growth. Arguing for a broader multi-disciplinary approach, the presentation concluded by looking at the main determinants of today’s “unusually uncertain” outlook.


Tuesday, June 13, 2017
“High Inclusive Growth – The Elusive Quest”

Speaker: Mohamed A. El-Erian, Chief Economic Advisor to Allianz
Moderator: Jörg Rocholl, President, Professor of Finance,
and EY Chair in Governance and Compliance, ESMT Berlin


About the speaker

Dr. Mohamed A. El-Erian is Chief Economic Advisor to Allianz, the corporate parent of PIMCO where he was as CEO and co-CIO (2007-14). He is a contributing editor at the Financial Times and a Bloomberg View columnist. Previously, he served as Chair of President Obama’s Global Development Council, President and CEO of the Harvard Management Company, Managing Director at Salomon Smith Barney/Citigroup, and Deputy Director at the International Monetary Fund.  Named four years in a row by Foreign Policy as one of the “Top 100 Global Thinkers,” he has written two award winning New York Times best sellers. He serves on the Financial Times jury for Business Book of the Year (since 2014), and is a member of several non-profit boards and committees (including NBER, Carnegie Endowment for International Peace and, previously, the International Center for Research on Women and several US Treasury/Federal Reserve/IMF committees). He earned his undergraduate degree at Cambridge and his masters and doctorate degrees at Oxford.