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# Ian Bremmer Interview: Apple, China and the G-Zero World

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## Video: Ian Bremmer Interview: Apple, China and the G-Zero World

[Watch (HLS stream): Ian Bremmer Interview: Apple, China and the G-Zero World](https://cdn.jwplayer.com/manifests/tMefBu8W.m3u8) (5:37)

![Ian Bremmer Interview: Apple, China and the G-Zero World](https://cdn.jwplayer.com/v2/media/tMefBu8W/poster.jpg?width=720)

_Published 2012-05-18. TIME business reporter Sam Gustin talks with author Ian Bremmer about his latest book, 'Every Nation for Itself: Winners and Losers in a G-Zero World'_


---

Jul 27, 2023 3:25 PM UTC

---

## More From This Series

[All Videos](https://time.com/video/)

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### Bremmer: Donald Trump and the 2016 Election

[Economists Ian Bremmer and Nouriel Roubini Comment On The Year Ahead](/video/ov6PlNSf/)

### Economists Ian Bremmer and Nouriel Roubini Comment On The Year Ahead

---


## Transcript

This is Sam Gustin with Time. Very pleased to have Ian Bremmer, the President of the Eurasia Group and the author of Every Nation for Itself: Winners and Losers in a G- Zero World. Ian, thanks for joining us. Sam, very pleased. In a nutshell, what's the point of your book? Well we've lived for decades in a world of US led leadership. Coming out of World War II, whether you wanna talk about the United Nations, the Security Council, the IMF, the World Bank, the Bretton Woods Accord on currency, you name it, globalization was driven by the United States, it's allies, it's priorities, it's values, it's capital.

That is not true anymore. We will not have US- led global institutions or leadership. Whether or not you think the US is in decline, the United States is not going to bail out Europe. Whether or not you think we're in decline, we're not going to remove Assad from power in Syria, or lead a global trade deal or global climate deal. And you know what. No one else is either and that's what I call a G zero world. Not a G7. Not a G8. Not a G 20. G 20's aspirational. What we have is a G zero and this book talks about what it means. To suddenly find ourselves living in a world without global leadership, what the implication of that are for policy makers, and for investors, and, and for Americans.

In your book you argue that China has other things to worry about than exerting leadership on the international stage. Why is that? Yeah China is not about to enter it's century. The Chinese will become the worlds largest economy in all likelihood maybe in ten years maybe in 20. But it will happen. When that happens, they will be a poor country. They will still be a poor country. I mean when you are a poor, a developing country and you're an authoritarian state that must control the flow of information, to ensure you stay in power. You do everything possible to maintain your own stability. The United States has 15 % real unemployment right now.

15 % and yet we're still focused on the environment and climate. Much more than an, an emerging mark would be, why? Because we are rich enough to have the luxury to do that. We can talk about contraception in this country. We can talk about religious rights. In China, they're not talking about that. They're talking about jobs, they're talking about growth, right? And, and I think we under appreciate just how changed the world will be, when the largest economy. Is poor. In the book you say, that in the new G Zero World. Cheaters will prosper. Can you give me an example of how that might happen?

Well I can give you a few on the one hand, look, G Zero World is all about do you have standards? Alright. Do you have common standards? Are you able to uphold them? Can you sanction effectively when people misbehave? Who are your referees, right? And that could be something like a country. Like Iran, that gets away with more than it would otherwise. Obama, who people now want to do business with. If just they reform just a little bit, right? But it's also people like drug traffickers and human traffickers, because it's harder to actually crackdown on these people effectively. There are more to lawless areas that they can operate.

But it's also legitimate cheating. It's people that are able and companies that are able to take advantage of the fact that they arbitrage against all of these rules and norms. You look at Apple Corporation most profitable multinational corporation in the west today. And look at what htey pay in taxes. From, from Apple's perspective, the G zero world is a great place to be, because they don't have a single set of taxes that they're gonna have to play by [ UNKNOWN ]. They, they can, they are big enough and flexible enough that they can really work that system. Companies that can do that will thrive in a G zero world.

How do we establish trade agreements, and continue to do free trade without some sort of international system of norms that ensures that global multi- nationals like Apple, have a level or a common or system throughout the world? Sam, this is a really big problem, because you know, I- I- I believe that the age of US- led global institutions is over. And going forward, you will either have global institutions that aren't US led, or you'll have US- led institutions that aren't global. Now what does that mean for trade? It means DOA is dead. You are not gonna move anymore on global trade. And yet, if you're an American multinational, you want global trade, because that's the biggest possible market.

Now, what the United States is doing, is interesting. They're responding by saying let's do the Trans- Pacific partnership as our new big trade architecture deal, the TPP. And it says that the US and like- minded countries: Mexico, Canada, Japan, world's third largest economy, South Korea, Australia, New Zealand. We're gonna get them together, and we're gonna form a deeper trade agreement. And we're not gonna include China, because we know China won't play by these rules. Now that is a less efficient model. Then the old model. In other words, we're moving from a global trade structure. Absolutely.

To a more regional trade agreement structure. Right? And I would argue that, that reflects reality. I would argue that the TPP is frankly, if we can make it work, and there's a big if there, but if we can make it work, actually really responds. The best of all worlds, given the constraints that the G Zero puts upon us. Ian, thank you very much for joining us today. Very happy to be with you, Tim.

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