Summary Of The Doom Loop

The Doom Loop by acclaimed economist Eswar S. Prasad examines why globalization and the international institutions built to sustain it are struggling in an increasingly divided world. As the balance of global power shifts from the US towards emerging economies such as China and India, Prasad argues that outdated economic systems have deepened inequality, fuelled political tensions, and intensified geopolitical rivalries instead of promoting stability. With sharp analysis and accessible writing, he explores the complex relationship between economics, politics, and global power, while proposing bold reforms to restore international cooperation. An essential read for anyone interested in globalization, international economics, geopolitics, and the future of the world order.

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