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JAMES WOLFENSOHN on the financial crisis and emerging markets
Part 1, October 21 2008: James Wolfensohn, chairman of Wolfensohn and Company, LLC, talks to Chrystia Freeland, US managing editor, about the fallout from the financial crisis in emerging markets, and how their fate is linked to that of developed markets. He discusses the likely outcome for China and Russia, as well as the impact on smaller countries, such as Hungary, Ukraine and the countries of Africa. He also talks about the response of the International Monetary Fund and the World Bank and how crucial it is that they provide aid to the poorest nations. Next week, Jeffrey Kindler of Pfizer. If you have a question for Jeffrey Kindler, please email it to the link below.