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Fragmented world to weaken dollar’s ‘hold’
Gulf News
|October 23, 2025
Economist identifies three major risks facing policymakers
lhe influence of the US Tecut is set to weaken as the global economy shifts away from a single-core financial system towards a more regional and fragmented model, according to Egyptian-Ameri-can economist Dr Mohammad El Erian, Chief Economic Advisor at Allianz.
Speaking during a fireside chat at the Shajah Investment Forum 2025, El Erian said the monetary order built around the dollar is evolving as new trade and payment networks emerge.
This story is from the October 23, 2025 edition of Gulf News.
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