December 21, 2000



AXP Global Series, Inc.
70100 AXP Financial Center
Minneapolis, Minnesota 55474

Gentlemen:

I have  examined  the  Articles of  Incorporation  and the By-Laws of AXP Global
Series,  Inc.  (the  Company) and all necessary  certificates,  permits,  minute
books,  documents and records of the Company, and the applicable statutes of the
State of Minnesota, and it is my opinion that the shares sold in accordance with
applicable federal and state securities laws will be legally issued, fully paid,
and nonassessable.

This opinion may be used in connection with the Post-Effective Amendment.

Sincerely,



/s/ Leslie L. Ogg
Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, Minnesota 55402-3268