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How can we produce more food for the world, sustainably?
The gap between Americans' perception of the economy and reality
As the candidates make their final arguments in the 2024 US Presidential Election, the economy is front and center on the minds of voters. Despite all signs indicating stable and above-trend growth in the US, many Americans feel uncertain about how well the economy is doing, said Robert Kahn, Managing Director of Global Macro-Geoeconomics at Eurasia Group. He discussed the gap in US economic perception versus reality with GZERO’s Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a Global Stage interview. Kahn noted that heightened political polarization has skewed views of economic performance while lingering geopolitical shocks and high prices add to concerns. Kahn emphasized that there is an element of worry around the “legacy of the pandemic…that Vice President Harris is just really struggling to overcome” even though underlying data proves otherwise. The two also discussed former President Trump's accusations that the Federal Reserve is "playing politics" with interest rates and what the impact would be globally if Trump were, as president, to assert a heavier hand in decision-making at the central bank.
Hot topics at the IMF-World Bank meetings
Delegates at the IMF and World Bank Annual Meetings have been giving rosy outlooks to the press while the cameras are rolling, but GZERO Senior Writer Matthew Kendrick heard a different story in private settings. He told Tony Maciulis that the global outlook depends heavily on US policy continuity — which is highly unlikely under a second Trump administration — and successful efforts in China to revive its own floundering economy.
It’s not all doom and gloom, though. Delegates are eager to point to success stories, including in Ukraine and Sub-Saharan Africa, highlighting how the world’s leading development banks can make a real impact on some of the most fragile economies and vulnerable populations.
Watch to learn more about what Matt heard on the ground.
Watch more from Global Stage.
Can we achieve gender equality by 2030?
It has been nearly 30 years since former US Secretary of State Hillary Clinton declared at the UN Conference on Women, hosted in Beijing, that “Women’s rights are human rights.” While progress has been made in some key areas, like education and access to healthcare, the number of women in the global labor force has remained largely stagnant since the 1990s. Women still trail men overall in income, digital inclusion, and even access to banking.
This week World Bank announced a bold initiative to bridge that divide by creating more economic opportunity, broadening female leadership, and reducing gender-based violence in the next 5 years as 2030 approaches. GZERO’s Tony Maciulis spoke to two of the architects of the plan—World Bank’s Global Head of Gender Hana Brixi, and Nathalie Akon Gabala, who is Global Director of Gender and Economic Inclusion at the International Finance Corporation.
Many global organizations have pledged to close the gender gap and have fallen short. Brixi tells Maciulis “more transparency and more accountability” will be needed to succeed, and details the approach World Bank will take in the coming years.
Watch more from Global Stage.
Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose
While the global economy shows signs of growth and decreasing inflation, the near future involves risks, including the escalation in the Middle East impacting oil prices, strained China-US relations, and an increasingly challenging tariff and trade environment, said Ayhan Kose, World Bank Deputy Chief Economist. He discussed the geopolitical tensions influencing the global economy with GZERO's Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a GZERO Global Stage interview. Kose also addressed the other major economic gathering happening this week: Russia’s 16th annual BRICS Summit in Kazan, Russia, largely seen as a counterweight to Western-led order. While acknowledging the widening economic and geopolitical divide, Kose emphasized the need for international cooperation. He expressed concern about “the increase in the number of protectionist measures and consequences of that for global trade.” Kose also emphasized the "urgent and important" need for World Bank member nations to continue to support development in poorer countries, a more difficult conversation today as many face their own economic headwinds and the world awaits the results of the 2024 US presidential election.
Ian Bremmer and Amina Mohammed on the promise and peril of AI
In a GZERO Global Stage discussion at the 79th UN General Assembly, Ian Bremmer and Amina Mohammed emphasized the potential of artificial intelligence (AI) to drive progress towards the Sustainable Development Goals (SDGs) and address global inequities.
Bremmer noted that AI could be the key to achieving goals like clean water access and reducing hunger, pointing out the transformative power AI could bring in the coming years.
"AI is your opportunity," Bremmer said. He highlighted the importance of capacity building, standard setting, and ensuring that the Global South has a seat at the table in AI governance efforts, noting that AI has the potential to move the world towards meaningful progress by 2030.
Amina Mohammed echoed this sentiment but urged caution, emphasizing the need for responsible deployment of AI. "It's really exciting, it's scary, and we're not ready," she said, stressing the importance of investments and proper infrastructure to ensure AI benefits humanity as a whole. Mohammed underscored the responsibility of global leaders to ensure checks and balances are in place as AI continues to evolve.
Bremmer and Mohammed spoke during GZERO’s Global Stage livestream, “Live from the United Nations: Securing our Digital Future,” an event produced in partnership between the Complex Risk Analytics Fund, or CRAF’d, and GZERO Media’s Global Stage series, sponsored by Microsoft. The Global Stage series convenes heads of state, business leaders, and technology experts from around the world for critical debates about the geopolitical and technology trends shaping our world.
UN's Guy Ryder calls for inclusivity and collaboration to tackle global problems
In a Global Stage conversation from inside the United Nations headquarters during the 79th General Assembly, Guy Ryder, Under-Secretary-General of the United Nations, addressed the challenges of global collaboration in today’s divided world. Despite geopolitical tensions and ongoing conflicts, Ryder stressed that member states are committed to implementing the Pact for the Future, an inter-governmentally negotiated pact focused on tackling today's global issues to protect the needs and interests of future generations.
Speaking with GZERO’s Tony Maciulis, Ryder highlighted the importance of inclusivity in moving forward. "We need to work not for young people but with young people as well. Everybody's involved," he said. Ryder emphasized that collaboration across governments, the private sector, and civil society is critical, particularly in areas like technology and youth participation.
The discussion also touched on the UN’s role in AI governance, with Ryder noting that the UN remains the only place where all 193 member states have a seat at the table. He acknowledged the UN’s shortcomings but highlighted how UN successes are often invisible. "What about that war that never happened because of UN mediation?"
Mr. Ryder also reinforced that the UN is not above reform: "Let's not think that was put in place in 1945, and has served very well the international community for decades, is immutable, is perfect, cannot be improved."
On the topic of the Sustainable Development Goals (SDGs), Ryder remained optimistic, despite setbacks. “We were off track almost from the first day,” he said, adding that the world must continue pushing towards the 2030 goals. Ryder sees technology as a powerful tool for both skilling and education, critical for achieving the SDGs.
IMF's Kristalina Georgieva: We help countries build resilience to handle shocks
In a GZERO Global Stage discussion at the 79th UN General Assembly, IMF Managing Director Kristalina Georgieva expressed pride in the institution’s proactive response during a period marked by global crises. Georgieva emphasized that the IMF’s role extends beyond financial aid by helping countries build strong policies and institutions, ensuring resilience in the face of shocks.
“We are growing this year 3.2%, next year 3.2%. And it is because of this foundation that has been built over the decades of strong policies and good institutions. Where you have it, shocks do not crush you.”
However, Georgieva emphasizes that as the world evolves, so too must the IMF. She highlights how the IMF recently added a third chair for Sub-Saharan Africa to enhance representation and legitimacy in its governance structure.“
If you want to be respected and legitimate, we have to show that we are not stuck in our glorious past, that we are forward leaning, so countries can think of us as their family, that it is inclusive and embracing all of our members.” Click here to watch the full conversation.