Global debt has now topped $300 trillion USD, or three times total global economic output.
This is a number that is going to have very real consequences for billions of people around the world, but as scary as the number sounds there is still reason to be optimistic and there are still reasons why most economists handling this issue are not too worried just ... Show More
Mar 17
The Rise Of The Middle Powers
Europe and the United States share the largest trade relationship in the world, worth nearly 2 trillion dollars each year, but that partnership is starting to fracture. Beneath the surface, this relationship is built on deeply interconnected supply chains, financial systems, and ... Show More
33m 40s
Nov 2021
S E50: A Conversation with Larry Summers: The Influence of Economic Ideas and the Dangers of Secular Stagnation
Larry Summers has been at the forefront of economic thinking for decades - a World Bank chief economist, Professor at Harvard and U.S. Treasury Secretary. He's also warned that the global economy is in the midst of secular stagnation. In this episode, he tells Betsey Stevenson an ... Show More
31m 34s
Oct 2013
Britain's economic problems and prospects
At the time of the 2008 global credit crunch, I participated in Oxford's online debate on whether the economic crisis sounded the death knell for laissez faire capitalism. I argued it did, not because I was naive enough to think that laissez faire policies would be abandoned, but ... Show More
46m 3s
Oct 2022
A special interview with the boss of the World Bank
In a wide ranging interview, David Malpass, president of the World Bank, speaks to presenter Sam Fenwick about the global economic situation.He talks about the consequences of rising global debt and high inflation, and how poorer countries are bearing the brunt of the economic cr ... Show More
19m 16s
Nov 2023
Bloomberg Wall Street Week - November 10th, 2023
On this edition of Wall Street Week, Sonal Desai, Franklin Templeton Fixed Income CIO explains why the Moody's cut to its US outlook is not likely to be important to holders of US debt. Michael Spence, Nobel Laureate in Economics and Stanford Business School Dean Emeritus says t ... Show More
33m 43s
Feb 2019
Adam Tooze on Davos, econ 101 and the unexpected importance of China in the global economy
Adam Tooze, economic historian and author of Crashed: How a Decade of Financial Crises Changed the World, joins the FT’s Brendan Greeley and Brown University’s Mark Blyth to discuss how our politics got us to where we are today, why our ideas about how the economy works may not b ... Show More
50m 13s
Nov 2021
S E49: A Conversation with Greg Mankiw: Financial Crisis, Recessions and Communicating Economics
Professor Greg Mankiw is one of the most influential economists today: a New Keynesian, advisor to Presidents, and a good friend of Betsey Stevenson and Justin Wolfers. In this episode, the three of them discuss what we can learn from financial crises, why globalisation has lost ... Show More
28m 50s