Dambisa Moyo, best-selling author of “Dead Aid” (2010), “How the West Was Lost” (2012) and “Winner Takes All” (2012), spoke at Google Zeitgeist 2015 on the global economic and political risks we cannot ignore.
In a keynote titled “Tomorrow’s World”, Dr. Moyo puts forward that the defining challenge that we face today is how to create economic growth, and ensure that this growth continues in the emerging markets. Organisations such as the IMF have forecast that global growth rates will plummet down to 2% by 2060, almost 50% lower than what we’ve seen over the past 50 years.
Dr. Moyo demonstrates that there is also a clear rise in political disorder; in 2014, the Economist Intelligence Unit delivered a report saying that 65 of the 150 countries they investigated would see significant increases in political and social risk.
Dr. Moyo goes on to stress that these risks may stem from the fact that we live in a very unique time of change. In the 1960s the global population was 3 billion, today it is over 7 billion, and by the time population levels are predicted by demographers to plateau in 2100 it’s expected to reach 10 billion. As a result, there is significant pressure for governments to expand and provide opportunities. She believes that we must not become globally indifferent, by calling to task our political and economic systems and challenging them to be the best that they can be.
Watch the video above for more!