What appears as a systemically interconnected world will also turn out to be increasingly fragmented cognitively, with weak global governance and policy coordination. This is a global economy that must be navigated carefully, lest those that seek to benefit from change find themselves falling victim to it.
Mohamed A. El-Erian est président-directeur général de la société de fonds PIMCO et auteur d'un livre intitulé  When Markets Collide.