In this episode, Uzair talks to Marcello Estevão, who is the Global Director of the World Bank Group’s Macroeconomics, Trade and Investment Global Practice (MTI).

Marcello shares his perspective about the global economic outlook, why inflation is here to stay for a while, and what countries like Pakistan can do to navigate this tricky period.

Marcello leads a large team of country economists, macroeconomists, and fiscal policy, debt, and macro-modeling experts. He is responsible for overseeing the delivery of the global analytical work on macroeconomics, fiscal policy, and debt policy; for coordinating the strategic direction of MTI and implementing it; for helping to shape and oversee MTI’s country/regional programs; and for mobilizing staff to work more effectively across Equitable Growth, Finance and Institutions (EFI) and other Global Practices.

Reading Recommendations:

- A River Runs Through It by Norman Maclean

- The Old Man and the Sea by Ernest Hemingway

- The General Theory of Employment, Interest, and Money by John Maynard Keynes

Chapters:

0:00 Introduction

1:30 Where is the global economy today?

10:40 How do emerging markets navigate this?

16:40 Dealing with dollar debt

21:40 Will inflation come down soon?

27:05 Countries that have done well