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Ex-World Bank head Robert Zoellick: ‘The world could look like 1900 again’

Ex-World Bank head Robert Zoellick: ‘The world could look like 1900 again’

Business
Media playback is unsupported on your device The former head of the World Bank has warned the world could look like it did in 1900 if countries don’t work together to tackle the current crisis.Robert Zoellick pointed to the rift between the US and China as a serious threat to the global economic recovery.Mr Zoellick, one of America’s most senior public officials, has advised six US presidents during his career.He told the BBC co-operation was “the only way the global economy will emerge from the recession”.Mr Zoellick, who was also the US deputy secretary of state, said his biggest concern was the escalating tensions between the US and China. “I think [the relationship] is in freefall today and I don’t think we know where the bottom is, and th...