As the US presidential election concludes, it's crucial for the incoming president to focus on five key economic areas. According to Mohamed El-Erian, a renowned economist and advisor, these areas include maintaining growth, addressing budget deficits, resisting excessive use of economic tools, restoring American leadership globally, and improving communication.
The article highlights that both candidates, Trump and Harris, have made ambitious policy statements but lack specific details to deliver on their promises. To achieve economic success, the incoming president must prioritize these five areas and avoid populist tactics.
Source: https://www.ft.com/content/1c14a0b4-e36a-4158-ba89-4ba1da9e6723