Until recently, global development had been defined by globalization, especially when it comes to a growing middle class and poverty reduction.
Not anymore, Eurasia Group President Ian Bremmer said during a livestream conversation about the global food crisis hosted by GZERO Media in partnership with the Bill & Melinda Gates Foundation.
The global middle class is eroding due to multiple crises now aggravated by food shortages and price hikes related to Russia's war in Ukraine. And that, he added, is having a direct impact on our state of mind.
People are becoming hungrier and angrier, Bremmer explained, and they will become less interested in global solutions to their problems — a sentiment that, in turn, will be reflected in their choice of government.
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