The Interview - An International Perspective on COVID-19

Real Vision: Finance & Investing

Real Vision

Business News, Business, Investing, News

4.1 • 1.1K Ratings

🗓️ 11 May 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

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Summary

With every day of lockdown and every dollar of stimulus, policy and markets are becoming more and more intertwined. That is why Pedro da Costa has been conducting a series of interviews with central bankers, policymakers, and the economists who inform their views. Pedro continues this series with Dr. Adam Posen, president of the Peterson Institute for International Economics. Together they examine the efficacy of the current fiscal and monetary policy response and how this crisis is affecting globalization, emerging markets, and the state of the European Union. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	continuing his series of interviews with Central Bankers, policymakers, and the economists who
0:09.7	inform their views, Pedro de Costa sits down with Dr. Adam Pozen, president of the Peterson Institute for International Economics.
0:17.0	Together they examine the state of the European Union, how this crisis is affecting globalization and emerging markets
0:23.4	and the lasting changes we can expect when we finally come out the other side. Welcome to the interview. This is Real Vision. I'm Pedro de Costa. It's my pleasure to welcome today Adam Pozen.
0:40.0	Adam is a former member of the Bank of England and he's currently the president of the
0:44.8	Peterson Institute for International Economics where he was also my former boss full disclosure.
0:50.1	It's a real pleasure to have him today on the show because Adam is somebody I looked
0:54.4	you for guidance in times of crisis and this is certainly one of those times so
0:59.2	thank you so much for joining me Adam.
1:00.8	Thank you, Pedro. I'm excited to be part of this project of yours.
1:04.8	Just starting off with the most important question at the moment, which is how are you doing?
1:10.4	How's your family?
1:11.4	How have you guys been coping with this stuff and how does this
1:14.1	affected you personally?
1:15.7	We've been fortunate.
1:16.7	I know you're looking after two young kids, you and your wife, for us where we don't have anyone in the nest with us and both our my wife and my
1:26.8	mothers are safe in their apartments locked down so we're okay it's like this was true before COVID but even more so now.
1:36.4	You know, the world is a pretty scary place. A lot of bad things happen, a lot of bad people.
1:47.0	fortunate for those of us who can sort of sit tight and do our work and be okay. Absolutely, especially when you look at the statistics of how many people just can't either can't afford to or whose work requires them to be, you know, in place.
1:56.2	But I can only, I mean, I think of your, how much you travel, it must have changed your day to day quite substantially.
2:02.0	Absolutely, and it's changed everything. your day to day quite substantially. Absolutely.
2:02.9	And it's changed everything.
	...

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