"There needs to be a dramatic and deep reduction in the amount of debt on the poorest countries. That's clear." As the world's poorest nations struggle to recover from a devastating pandemic, World Bank President David Malpass argues that freeing them of much of their debt will be key. His conversation with Ian Bremmer is part of the latest episode of GZERO World.
Listen: For the first time in twenty years extreme poverty around the world is growing. How does the developing world recover from a pandemic that has brought even the richest nations to their knees? David Malpass, the President of the World Bank, is tasked with answering that question. He joins Ian Bremmer on the podcast to talk about how his organization is trying to keep the developing world from slipping further into poverty in the wake of a once-in-a-century pandemic.
Subscribe to GZERO Media's newsletter: Signal
On Tuesday, the head of the UN's food relief agency warned that the coronavirus pandemic could produce "famines of biblical proportions," as 265 million people across 30 countries face starvation.
And yet, the world right now has an historic abundance of food. How is this possible?
Even before the arrival of COVID-19, historic locust swarms had left tens of millions in East Africa without enough food. And some 85 million people across 46 countries already needed emergency food aid in 2019.