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Mekala Krishnan

Mekala Krishnan

5 commentaries

Mekala Krishnan is a partner at the McKinsey Global Institute.

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  4. taiwan parade Walid Berrazeg/Anadolu Agency via Getty Images
    Subscriber Exclusive

    Is Taiwan Next?

    Russia’s invasion of Ukraine in February has stoked fears that Chinese President Xi Jinping is plotting his own aggression against Taiwan. The United States and its NATO allies seem to be “all in” on repelling Russia’s invasion, but how far will the US be willing to go to defend Taiwan, and has its longstanding policy of “strategic ambiguity” on that question really run its course?

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  7. frankel135_KAZUHIRO NOGIAFP via Getty Images_exchange rate KAZUHIRO NOGI/AFP via Getty Images

    Get Ready for Reverse Currency Wars

    Jeffrey Frankel

    With elevated global inflation likely to persist for some time, the prospect of competitive exchange-rate appreciations is looming larger. Instead of a race to the bottom in the currency market, there may be a scramble to the top – and poorer countries will likely suffer the most.

     warns that a series of competitive exchange-rate appreciations would hurt poorer economies the most.
    4

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