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Marketplace All-in-One

Global economies in 2025

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 1 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

From the BBC World Service: What lies ahead for global economies this year? We turn to China, Singapore and Germany for insights into what’s coming. And later, Leanna Byrne asks Tom Cheesewright, an applied futurist, about his predictions for the major economic workplace trends in the next 12 months.

Transcript

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0:00.0

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0:56.8

What lies ahead for global economies this year? I'm Leanna Byrne with the Marketplace Morning

1:02.1

Report from the BBC World Service. Good morning. So here we are January 1st, 2025. Last

1:08.3

year, the economy was front and centre for leaders around the globe as they

1:12.2

grappled with inflation, multiple elections and ongoing geopolitical tensions. So what does this year

1:19.2

ahead have in store? Let's get a taste from around the globe. First up, the BBC's Stephen

1:24.3

MacDonald takes a look at what lies ahead for the Chinese economy.

1:28.2

Economically, going into 2025, China's problems remain. Local government debt, a real estate

1:35.3

crisis which has seen families lose their entire life savings because of undelivered property

1:41.0

and persistent youth unemployment. Now, the latter of those you might think

1:46.3

what about the emerging tech sector? Isn't that a bright spot? Can't people go there looking for work?

1:53.0

Well yes the tech sector does appear to have a bright future but it's just not as labour intensive.

1:59.0

We're talking cutting edge robotics, not crowded production lines.

2:03.8

So the government needs new sectors to emerge and to drive this, it needs an increase in domestic

...

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