Ideas worth spreading

Interconnectivity: the new structure of the world economy

20,855 views | Min Zhu • TED@BCG Paris

The 2008 global financial crisis left the world reeling -- markets went under, millions of jobs were lost and economic security was deeply compromised -- all within the space of a few months. IMF economist Min Zhu lays out how global economies are intricately connected and how a bankruptcy in one country can cause lasting damage worldwide. Understanding these complex relationships -- and implementing systems to guard against similar meltdowns in the future -- he urges, is imperative if we're to protect against the increased volatility of our hyperglobal era.

The 2008 global financial crisis left the world reeling -- markets went under, millions of jobs were lost and economic security was deeply compromised -- all within the space of a few months. IMF economist Min Zhu lays out how global economies are intricately connected and how a bankruptcy in one country can cause lasting damage worldwide. Understanding these complex relationships -- and implementing systems to guard against similar meltdowns in the future -- he urges, is imperative if we're to protect against the increased volatility of our hyperglobal era.

About the speaker

Min Zhu

Min Zhu

Economist

Min Zhu became the deputy managing director of the International Monetary Fund in 2011. Prior to working at the IMF, Zhu was the deputy governor of the central bank in his native China. Zhu received a PhD and an MA in economics from Johns Hopkins University and an MPA from the Woodrow Wilson School of Public and International Affairs at Princeton University.

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