David Pilling

David Pilling, the Africa editor for the Financial Times, discusses the significant effects of Trump's freeze on U.S. foreign aid, impacting everything from public health to anti-narcotics programs in dependent countries. The conversation emphasizes the implications for global stability, particularly as aid priorities shift and some nations remain exempt. Pilling also explores the evolving U.S. foreign policy landscape, the competition with China, and the humanitarian crises exacerbated by this new transactional approach.

In this discussion, George Ingram, a senior fellow at the Brookings Institute, and David Pilling, Africa editor at the Financial Times, delve into the fallout from the reduction of USAID funding. They highlight the alarming consequences for global health and agriculture, with vulnerable populations facing increased risks. The conversation also touches on how decreased U.S. aid is shifting diplomatic dynamics, pushing countries to embrace trade over aid. Finally, they explore the need for a reimagined approach to global assistance that fosters independence and innovation.

The International Monetary Fund (IMF) has this week downgraded its forecast for global growth warning “the worst is yet to come and, for many people 2023 will feel like a recession”. The fallout from Russia’s invasion of Ukraine has increased inflation, forced central banks to raise interest rates and exacerbated the cost of living crisis. Britain’s new Prime Minister Liz Truss says her economic priority is “growth, growth and growth”. But the IMF says that while the tax cuts her government has announced may boost growth in the short term they’ll likely "complicate the fight" against soaring prices. So, what is the best way of boosting economic growth? Can it be done without increasing inequality and harming the planet? And is growth always good for you and your quality of life, whether you live in a rich country or a poor one?Ritula Shah is joined by a panel of expert guests.Vicky Pryce - Economist and former director general for economics at the UK government’s Department for Business, Innovation and Skills.Desmond Lachman - South African born economist, former deputy director in the International Monetary Fund’s (IMF) Policy Development and Review Department, now a senior fellow at the American Enterprise Institute (AEI).David Pilling - Africa editor for the FT and author of The Growth Delusion: Wealth, Poverty, and the Well-Being of Nations.Producers: Ellen Otzen and Paul Schuster.