Even before COVID-19, there was an inequality that was growing in the world of the advanced

economies moving up much faster than the poorer economies.

In order to narrow inequality, we have to have a situation where poorer countries can grow faster than the advanced economies.

And that just wasn't happening.

Hello and welcome to the GZero World podcast. Here you'll find extended versions of

interviews from my show on public television. And today, a dire warning from the World Bank,

the biggest global recession since World War II could create a lost decade

of economic growth. That's unless policymakers step up to the plate, bolder moves, and we've seen so

far. My guest, World Bank President David Malpas, we talk about how the coronavirus pandemic has only

widened the inequality gap globally, and what that means for all of us, if the trend is reversed.

Let's get right to it.

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David Malpass, president of the World Bank.

So good to see you again.

Very good to see you, Ian.

Let me start with the news of the day, the news of the week.

You know, the United States is going through unprecedented political turmoil.

You're someone that needs rule of law and needs to impress rule of law upon other countries

around the world.

...