We need to be growing at 3% per year in order to double per capita incomes in a generation,

which is 25 years. Most of the, quote-unquote, global south is growing below that number.

Hello and welcome to the G0 World Podcasts. This is where you'll find extended versions of my

interviews on public television.

I'm Ian Bremmer, and today we are taking a hard look at the health of the global economy.

The world's post-COVID recovery has been a mixed bag.

The U.S. has fared pretty well.

All things considered, inflation is cooling, wages are up, unemployment has been under 4% for the longest stretch in decades. But other G7 economies, like the United Kingdom and Germany, are slipping into

a mild recession. China's economy is stagnating, led by a collapsing real estate sector and an

exodus of foreign investment. And debt, among global South countries, is at record

highs. Add to that geopolitical risk from ongoing wars in Ukraine and the Middle East,

aging populations in G7 countries, and the impact of climate change, and it's no surprise

that the World Bank predicts the slowest half-decade of growth in 30 years. So where are we

heading now? Is the global economy still shaking

off its post-COVID hangover? Or are some of these problems much more entrenched? I have some good

news. There are reasons for optimism. And I'll talk about why that is, along with the Chinese

economy, inflation around the world, and how AI factors into all of this with my guest today,

Dembeza-Moyo. She's an economist, a best-selling author, and member of the UK Parliament's

House of Lords. Let's get to it.

The GZero World podcast is brought to you by our lead sponsor, Prologis.

Prologis helps businesses across the globe scale their supply chains with an expansive portfolio of logistics real estate

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