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.
Mr Zoellick warned that “the world could look more like the world of 1900 when the great powers were in competition” if countries start to pull back from globalisation and pursue nationalist interests.
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