El-Erian: Five Economic Lessons From Obama's Tenure

El-Erian: Five Economic Lessons From Obama's Tenure

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Business, Social Studies, Life Skills

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The transcript discusses the shift in the US economy from a cyclical to a structural focus during the Obama administration and the need for a credible medium-term economic vision. It highlights the potential for policy execution under the Trump administration due to a unified government. The importance of global policy coordination and the balance between protectionism and cooperation are emphasized. Structural issues in global economies, including Europe, Japan, and China, are also addressed, noting the need for genuine growth engines.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two approaches mentioned regarding global policy coordination?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Which regions or countries are identified as needing to improve their economic conditions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the relationship between structural issues and economic growth models?

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