FORA Politics

Season 2009 Episode 0218

Mark Thirlwell: Risks, Riots and Recessions

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Mark Thirlwell: Risks, Riots and Recessions
AIRED:
If 2008 was the year of the financial crisis, 2009 is set to be the year of the real economy fallout. According to the latest IMF projections, world economic growth is set to fall to its lowest rate since the Second World War.World trade is contracting. Capital flows to emerging markets are drying up. Commodity prices have crashed. Unemployment is climbing. Public protests are on the rise and governments have started to topple.Mark Thirlwell takes a look at how the world economy will cope with what's turning into its biggest stress test in decades.moreless
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