As the global economy faces uncertainty, Axel van Trotsenburg, Senior Managing Director of the World Bank, warns that “a wait-and-see attitude” is holding back investment and growth, especially in developing countries. Speaking with GZERO Media’s Tony Maciulis on the sidelines of the 2025 World Bank-IMF Annual Meetings, van Trotsenburg highlights human capital and infrastructure as key priorities, with a growing urgency to bridge both the digital and AI divides.

On the role of technology, he stresses the promise of “small AI,” which can empower farmers and small businesses, while cautioning that large-scale AI depends on reliable energy access, a gap Africa must close to unlock opportunity. Reflecting on his 37-year career, he cites the World Bank’s evolution into a truly global institution and the mobilization of resources for the poorest countries as major achievements.

This conversation is presented by GZERO Media in partnership with Microsoft. The Global Stage series convenes global leaders for critical discussions on the geopolitical and technological trends shaping our world.

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