Scandal at the IMF and World Bank
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On FP’s new economics podcast, columnist Adam Tooze shares what’s behind the China ranking scandal at the World Bank.
The World Bank and the International Monetary Fund (IMF) will begin their annual meetings on Monday, bringing together some of the most powerful financial people globally. It’s a big year for them, especially as they discuss how various countries can handle the economic effects of the pandemic. But one scandal is seeming to eclipse all these important matters: IMF chief Kristalina Georgieva allegedly increasing China’s ranking in a World Bank index when she was CEO of the World Bank.
However, Adam Tooze and Cameron Abadi discuss whether we even should consider the World Bank ranking of China controversial on the latest episode of Ones and Tooze.
Also on the show: what the steep rise in China’s life expectancy says about China—and about the United States.
Ones and Tooze is Foreign Policy’s weekly economics show. On each episode, Abadi and Tooze examine two data points that explain the world.
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About Ones and Tooze: Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On FP's hit podcast, Tooze and FP deputy editor Cameron Abadi look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column here. See All Episodes
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More Ones and Tooze episodes:
Napoleon: The Movie and the Man
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How War Complicates the Insurance Business
Ones and Tooze: Adam and Cameron look at how the industry assesses risk amid global crises.
The Techno-Optimism of Marc Andreessen
Ones and Tooze: Adam and Cameron discuss the venture capitalist’s manifesto.
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