david malpass

World Bank's David Malpass on global debt & economic inequality

GZERO World with Ian Bremmer

World Bank's David Malpass on global debt & economic inequality

The world has a huge debt problem. Economic growth is slowing, but global debt is skyrocketing. David Malpass sits down with Ian Bremmer on GZERO World for his final interview as president of the World Bank Group to discuss the debt crisis, his tenure at the World Bank, and solutions for combatting growing economic inequality.

Human rights activists demand the safe return of Ricardo Lagunes and Antonio Díaz, community defenders who disappeared on January 15. Mexico City, Mexico, January 22, 2023.

Hard Numbers: Environmentalists targeted, World Bank outlook improves, mass shooting in Louisville, fiery cocktails in Northern Ireland, Winnie-the-Pooh gets punched

This year alone, at least two dozen environmental activists have already been murdered or disappeared in Mexico and Central America, according to an investigation by The Guardian.

Odds of a global recession? 50/50, says David Malpass

GZERO World Clips

Odds of a global recession? 50/50, says David Malpass

Global inflation is forecast to finish 2022 at 8.8%, settling in at around 6.5% in 2023. So is a global recession imminent? David Malpass, President of the World Bank, discusses the global economy with Ian Bremmer on the GZERO World.

What's the chance of a global recession in 2023?

GZERO World Clips

What's the chance of a global recession in 2023?

World Bank President David Malpass says the chances of a global recession in 2023 are 50/50, though he is more worried that the middle-income and poorest countries are moving backward in education, health, food insecurity, and capital flows. These nations, he tells Ian Bremmer on GZERO World, are actually moving backward on all development indicators. And with most capital now being poured into high-income countries, the world is becoming a more unequal place.