7: Breaking down the global “Permacrisis” with Nobel Prize-winning economist and author Michael Spence

Washington AI Network with Tammy Haddad

In the wake of the COVID-19 pandemic and as the wars in Ukraine and Israel continue, Nobel Prize-winning economist Michael Spence has teamed up with former UK Prime Minister Gordon Brown and Cambridge’s Queen’s College president Mohamed El-Erian to author Permacrisis: A Plan to Fix a Fractured World, their new book on how to break down the global “Permacrisis”' of sputtering growth, surging inflation, poor policy responses, an escalating climate emergency, worsening inequality, increasing nationalism and a decline in global co-operation. One of the most respected economists of our time, Spence walks us through the major economic trends stemming from world-disrupting events and how to tackle the toughest economic challenges ahead and how AI can drive necessary economic growth.