The Economy on the Edge

Last summer, one of the world's more respected economic commentators predicted that the global downturn would be much worse than anyone had reason to believe.

"I've been observing economies around the world for 40 years," said Martin Wolf, the chief economic commentator of the Financial Times. "In all that time, I cannot remember such a combination of economic challenges: the world's balance is shifting."

He analysed how the financial crisis in London and Wall Street could spread to the fast-growing nations of the developing world.

One year on, Martin Wolf returns to the airwaves and, in the company of some of the world's most important financial minds, examines the state of the global financial markets and what shocks to the system may be yet to come.

First broadcast on Monday 08 June 2009