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Did Governments\u2019 handling of the 2008 financial crisis \u2013 when some chose to implement austerity and some didn\u2019t - make things better or worse? Ian Goldin, professor of Globalisation and Development at Oxford University, visits Illinois in the US to find out how people were affected by the collapse in the housing market. He also talks to Christine Lagarde \u2013 the head of the International Monetary Fund \u2013 about how austerity measures were implemented in Europe. And Ngozi Okonjo-Iweala, the former Minister of Finance in Nigeria, talks about how the crisis was felt in Africa.

Presenter: Ian Goldin\nProducer: Ben Carter

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