Today the IMF and the World Bank hold their annual meetings in Washington.

The BBC's Stephanie Flanders and Robert Peston discuss the economic mood in the US, China and the Eurozone.

Also joining the debate and comparing recent events to similar past financial crises, Jim O'Neill of Goldman Sachs tells John Humphrys: "What's usually needed is bold, decisive leadership."

While Lord Lamont discusses the severity of the crisis in the Eurozone and says taxpayers in northern Europe are growing "increasingly impatient".

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