Apr 28, 2022
World Bank: high food and energy prices will stick around longer than expected
"If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
Samuel Corum/Getty Images
High commodity prices, driven by pandemic disruptions and the war in Ukraine, are roiling the global economy. Developing nations are particularly sensitive to these increases, especially in food prices. We speak to David Malpass, President of the World Bank, about the bank's latest economic projections and what they say about where the world may be headed. Forecasters are talking ahead of morning's forthcoming GDP numbers, which may show a slowdown amid high inflation.
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The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Jay Siebold
Technical Director
Meredith Garretson Morbey
Senior Producer
Alex Schroeder
Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Redmond Carolipio
Digital Producer
Ariana Rosas
Producer
Jesson Duller
Media Producer
Brian Allison
Technical Director
