CGTN published this video item, entitled “Nobel laureate Michael Spence on 2023 economy” – below is their description.
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2022 was a harsh year with the continuing pandemic, the Russia-Ukraine conflict, energy and food shortages around the world, and inflation in many countries. However, after China’s recent change in COVID-19 policy, more positive data has emerged in recent weeks, giving reasons to be optimistic about the global economy in 2023.
What are the prospects for economic recovery this year? What are the macroeconomic challenges for policymakers? What are the geopolitical obstacles standing in the way of global growth? To find out, we are joined by Nobel laureate Michael Spence, Philip H. Knight Professor and dean emeritus at the Stanford Graduate School of Business.
CGTN YouTube Channel
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