economic recovery

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.

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Living Beyond Borders Podcasts

Episode 5: Energy transition today

Listen: Where does the energy transition to renewable fuels stand globally, after setbacks from the pandemic and geopolitical instability? In the latest episode of the Living Beyond Borders podcast, our experts discuss the increasing need for energy security being a big driver for renewable energy in regions like Europe, how the war in Ukraine is still affecting energy markets, and what kinds of investments need to happen in technology and infrastructure to realize more sustainable and cleaner energy globally.

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Living Beyond Borders Podcasts

Episode 4: Broken (supply) chains

Listen: "Other than the impacts of the pandemic, which are easing, and from Russia/Ukraine, I'd say that the greatest risk to global supply chains today and moving forward will likely be from the U.S. China relationship, and the movement towards selective decoupling," says Jon Lang, Director for Trade and Supply Chains at Eurasia Group. In the latest episode of Living Beyond Borders, Lang is joined by Charlie Reinhard, Head of Investment Strategy for North America at Citi Global Wealth Investments, to discuss how global supply chains have largely adapted to and moved on from changes that occurred during the global pandemic.

World faces "lost decade" of economic growth, says World Bank economist

Crisis Recovery

World faces "lost decade" of economic growth, says World Bank economist

The World Bank predicts that the global economy now faces a decade of lost growth, in part due to an older workforce and lower productivity. Is the way out of the looming doldrums to have a young population like Nigeria? Yes, but those countries will need help from wealthy nations to invest in things like education to reap the benefits of their demographic dividend, World Bank deputy chief economist Ayhan Kose tells GZERO's Tony Maciulis at the World Bank/IMF spring meetings in Washington, DC.

Global inflation shock

Global inflation shock

Ian Bremmer's Quick Take: No matter what your government looks like, you're dealing with very high inflation. This is a global inflation shock. The economic disruption hit everybody. First, COVID destroyed global supply chains, seizing up the global economy. Then China's zero-COVID - just as the United States and the Europeans vaxxed and relaxed, started unmasking and going about our business - the Chinese locked down Shanghai and Beijing and some of China's most important ports. We still get so many of our goods, especially the low-cost ones, from China. That hits with greater supply chain risk. On top of that, the war, the Russians invading Ukraine, leading to massive disruptions in energy, massive disruptions in food and fertilizer - all of that is increasing prices.

Will there be a recession?

Living Beyond Borders Podcasts

Episode 3: Will there be a recession?

Listen: As record inflation meets rising interest rates, we’re examining the role of the US Federal Reserve in protecting the economy from recession in the coming months.15 years ago the world faced the largest financial crisis since the Great Depression, brought on by a perfect storm of risky lending, mortgage defaults, and failures of financial institutions. In January 2008, the Fed made significant cuts to interest rates to stimulate the economy. Those rates have stayed historically low since then, but that’s rapidly changing.