The State of the Global Economy (John Ferguson, John Detrexhe and Rohan Silva) | BoF VOICES

The Business of Fashion Podcast

The Business of Fashion

Fashion & Beauty, Business, Arts

4.6 • 770 Ratings

🗓️ 29 December 2017

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

For the first time in years, all of the world’s major economies are growing again and yet geopolitical risk has never been higher. What to make of the apparent contradiction? #BoFVOICES 2017

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Transcript

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0:00.0	Hi, I'm Imran Ahmed, founder and CEO of the Business of Fashion, and welcome to the B.OF podcast.
0:08.5	Voices is the most stimulating gathering of fashion industry leaders on the planet.
0:13.6	What makes voices different is that we mix our industry with fascinating people from other sectors,
0:18.6	from the worlds of economics, activism, health and wellness,
0:22.6	medicine, film, philanthropy, technology, media, and so many more.
0:27.6	Fashion doesn't live in a bubble, nor should it.
0:29.6	This is one of the sessions from our 2017 gathering.
0:33.6	Today on the Bof podcast, we're going to think about the state of the global economy.
0:38.8	It's a really interesting time for the economy ever since the financial crisis of 2008.
0:44.4	There's been a recovery and the economy has continued to grow and expand pretty consistently.
0:50.2	Now we're at a point where most all of the major economies in the world are growing together.
0:56.0	However, all of that's happening with a backdrop of serious geopolitical uncertainty with Brexit, with Trump, with the North Korean nuclear crisis, with uncertainty in the Middle East.
1:10.0	So we asked three people, Jonathan Ferguson, John
1:14.3	J. Tree, and Rohan Silva to chat with our chief commercial officer, Nick Blundon, on the
1:19.6	state of the global economy at Voices 2017. So we invited three people to sit down with us at Voices
1:26.3	2017 to talk about the state of the global economy.
1:29.3	John Ferguson, John Dritri, and Rohan Silva sat down with our chief commercial officer Nick Blondon
1:36.3	to go inside the state of the global economy and understand this interesting and inherent contradiction
1:42.3	of a rising economy with the backdrop of geopolitical uncertainty.
1:47.5	Just a quick note, this conversation was recorded live in front of an audience, so please excuse any audio issues.
1:55.0	The state of the global economy, which is currently experiencing a synchronized global expansion in major industrialized economies around the world.
2:04.6	Almost all the G20 economies are expanding together, and this is unlike anything we've seen in the last decade.
	...

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