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‘Motley group’ of middle powers will struggle to replace rules-based order: Eswar Prasad

Prasad, author of “The Doom Loop,” worries that the forces behind globalization are worsening instability–and that global business is making things worse.

But middle powers are a “motley group,” says Eswar Prasad, the Tolani senior professor of trade policy at Cornell University, including basically everyone outside of the U.S. and China. “They’re large and small, rich and poor, and so they’re not goin… [5816 chars]

Source: Fortune | Published: 2026-03-06T08:00:00Z

Credit: Fortune

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