Breaking down the global “Permacrisis” with Nobel Prize-winning economist and author Michael Spence
Episode 7, Nov 22, 2023, 01:41 PM
Host Tammy Haddad interviews Nobel Prize-winning economist and author Michael Spence on his new book, Permacrisis: A Plan to Fix a Fractured World, co-written with former UK Prime Minister Gordon Brown and Mohamed El-Erian, president, Queens’ College, University of Cambridge. One of the most respected economists of our time, Spence walks us through the major economic trends stemming from world-disrupting events and how to tackle the toughest economic challenges ahead and how AI can drive necessary economic growth.
In the wake of the COVID-19 pandemic and as the wars in Ukraine and Israel continue, Nobel Prize-winning economist Michael Spence has teamed up with former UK Prime Minister Gordon Brown and Cambridge’s Queen’s College president Mohamed El-Erian to author Permacrisis: A Plan to Fix a Fractured World, their new book on how to break down the global “Permacrisis”' of sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism and a decline in global co-operation. One of the most respected economists of our time, Spence walks us through the major economic trends stemming from world-disrupting events and how to tackle the toughest economic challenges ahead and how AI can drive necessary economic growth.