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BBC Davos Debate
 

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BBC Davos Debate

 

Global Economic Shocks: Perfect Storm Ahead?

As the global outlook shifts from uncertainty towards vulnerability, how many more "body blows" can the world economy take? Is a "perfect storm" looming?

In partnership with the World Economic Forum, the BBC Davos Debate explores the vulnerability of the global economy in 2008, from the perspective of both developed and developing nations.

What will the consequences be if:

1) Oil and commodity prices keep rising?
2) New financial market shocks hits the US and the dollar keeps falling?
3) Dramatic corrections burst the bubbles in emerging markets?
4) The economic centre of gravity continues to shift eastwards?

Panel: Kenneth Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University, USA.
Jacob A Frenkel, Vice Chairman American International Group, Inc. (AIG); and Former Governor of the Bank of Israel
Professor Kishore Mahbubani, Dean, Lee Kuan Yew School of Public Policy, Singapore.
Palaniappan Chidambaram, Minister of Finance of India.
Cheng Siwei, Vice-Chairman, Standing Committee, National People's Congress, People's Republic of China.
John Snow, Former US Treasury secretary.
Ben Verwaayen, CEO, British T elecom (one of the world?s largest communications companies).
Chair: Nik Gowing.
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