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From Paradise, IMF Warns Of Trouble for Global Economy

Global business news, with live guests and contributions from Asia and the USA.

Broadcasting live from the Indonesian island of Bali, Jon Bithrey takes a closer look at the issues facing the archipelago. At the same time, the International Monetary Fund and the World Bank are hosting a conference on the island, and the ´óÏó´«Ã½â€™s Karishma Vaswani tells us what is expected on the agenda.

The conference is being held at a time when the IMF has warned ‘dangerous undercurrents’ are threatening the global economy and that trade tensions, inequality and Brexit all pose risks to financial stability. We’ll hear from acting World Bank chief economist Shanta Devarajan, as well as Indonesia’s Finance Minister Sri Mulyani who says she’s concerned that if another crisis were to occur, the world would not be ready.

Also in the show, Indonesia’s growing thirst for energy is starting to disrupt the lives of its population, especially in rural areas. Plans to expand a coal plant in northern Bali have provoked fierce resistance from some local residents. We travel to the village to investigate.

And finally, doing business around the world can be tricky, but one rule everyone understands is to show up on time and come prepared. But the ´óÏó´«Ã½â€™s Szu Ping Chan has been finding out it might not be that simple in Indonesia.

All throughout the show, we’ll be joined by Laurence Boone, chief economist of the OECD and former adviser to the French government, as well as Elisa Sutanudjaja, Executive Director of the Rujak Centre for Urban Studies.

IMAGE DESCRIPTION: Managing Director of the International Monetary Fund, Christine Lagarde attends a panel at the IMF and World Bank annual meeting in Bali, Indonesia on October 9, 2018.
PHOTO CREDIT: ´óÏó´«Ã½

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53 minutes

Last on

Wed 10 Oct 2018 00:06GMT

Broadcast

  • Wed 10 Oct 2018 00:06GMT

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