World Bank: stimulus is 'sugar high'
Updated on 13 March 2009
The head of the World Bank, Robert Zoellick, tells this programme the decline in trade is at its worst for 80 years.
He says 2009 will be a dangerous year, fraught with challenges we do not understand.
Zoellick warned that the massive stimulus packages designed to revive economies around the world are like a "sugar high" that will not last into next year.
As the world's finance ministers arrived in West Sussex to discuss ways of reforming the financial system, his warnings suggest that the recession is biting deep into the real economy.
Robert Zoellick, president of the World Bank, talks to Faisal Islam ahead of next month's G20 meeting in London.
