THE DOOM LOOP by Eswar S Prasad (epub)(Nonfiction)

THE DOOM LOOP by Eswar S Prasad (epub)(Nonfiction)
Author: Eswar S. Prasad
Full title: The Doom Loop: Why the World Economic Order Is Spiraling into Disorder
Length: 368 pages
Release date: February 3, 2026
Genre/Categories: Nonfiction; Economics; Global politics; International relations
Prasad diagnoses a destructive feedback loop where globalization’s failures—rising inequality, trade wars, and populist backlash—have weakened institutions like the IMF and WTO, which were meant to stabilize the global economy but now fail to adapt to 21st‑century realities. He examines how U.S.‑China rivalry forces middle powers (e.g., India, Brazil, Indonesia) to pick sides, amplifying geopolitical tensions intertwined with domestic politics and economic crises. The book calls for radically new solutions to break this cycle of instability rather than relying on outdated frameworks.