10. Speeches of World Bank Presidents [collection under construction]

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Commemorating End Poverty Day

( 2015-10-16) Kim, Jim Yong

Jim Yong Kim, President of the World Bank, discusses the goals of the World Bank Group, aligned to support the poor and the vulnerable, and to preserve our planet for future generations. He talks about the report "Poverty in a Rising Africa" that traces two decades of unprecedented economic growth on the continent with messages that are both encouraging and sobering. He speaks about how economic growth coupled with specific health and education interventions have contributed to improving people’s lives, and contributed in many countries, such as Ghana, to major reductions in poverty. He talks about the structural transformation, a shift out of agriculture that led to an increase in non-agricultural self-employment and, to a lesser degree, wage jobs in Ghana. He speaks about how improving the agricultural sector will be critical to further reduce extreme poverty in the country. He commends Ghana that has invested in its people, specifically in education in most parts of the country. He appreciated the country’s urban areas that have grown quickly, creating more and higher-paying jobs.
Remarks at Press Conference, Accra, Ghana, October 16, 2015

( 2015-10-16) Kim, Jim Yong

This is the transcript of the remarks delivered by Jim Yong Kim, President of the World Bank Group at a press conference in Accra, Ghana. He discusses on the two goals, to end extreme poverty by 2030 and to boost shared prosperity to the bottom 40 percent in developing countries. He talks about improving the productivity of agriculture and making sure that every industry, every person in Africa has access to energy to end extreme poverty. He talks about the importance of investing in the health and education of people for future economic growth in developing countries. He commended Ghana on its structural transformation, shift out of a solely agricultural-focused economy and in one in which non-agricultural self-employment and, to a lesser degree, wage jobs have also become part of the economy. He concludes by talking about taking action on improved and fair, more just, more efficient tax systems and stopping illicit financial flows, in order to benefit the development of the country.
Opening Press Conference at the IMF-World Bank Spring Meetings, April 10, 2014

( 2014-04-10) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, notes that the developing countries will have to grow at a pace stronger than any time in the past 20 years to achieve the goal of ending the extreme poverty by 2030. He talks about the need for growth that is inclusive, creates jobs, and assists the poor directly. He calls for ensuring economic growth in the years ahead that is sustainable and takes us off the destructive path of climate change. He focuses on providing the best services possible in countries by keeping a strong presence in country offices and by providing global solutions to local problems. He is optimistic that countries and their partners will take it on, seize this opportunity and erase this stain of extreme poverty from our collective moral conscience once and for all. He fielded questions about China urbanization, Russo-Ukrainian tensions, Ghana’s dependence on the U.S. market, quality versus quantity of development aid, Middle East prospects, World Bank programs in Egypt, poverty in Paraguay, increased fees for advisory services, use of financial intermediaries, and climate change.
On the 50th Anniversary of Ghana's Independence

( 2007-03-05) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, congratulated Ghana on its fiftieth anniversary that it has become one of the best performers economically in Sub-Saharan Africa, and is expected to meet the Millennium Development Goal to cut poverty in half. He spoke about World Bank partnership with the university to help create a facility that provides access to a wealth of development information for students, researchers, faculty, and the general public, and encourages all to take advantage of this new resource on the campus. Ghana faces challenges to boost the competitiveness of the private sector, an important engine for job creation. Ghana will need to invest heavily in infrastructure, and reform its energy sector, while ensuring sustained good governance. He concluded by saying that Ghana should inspire Africa by aiming higher, moving faster, taking bigger and bolder steps to achieve the future that the people of Ghana deserve.
Roundtable Discussion on Economic Development, Georgia State, GA, December 11, 2006

( 2006-12-11) Wolfowitz, Paul ; Young, Andrew

Paul Wolfowitz, President of the World Bank, and Ambassador Andrew Young engaged in a roundtable discussion on economic development, moderated by Dean Bahl of Georgia State. Wolfowitz has made Africa the first priority of the Bank. There is really a chance for Africa to turn the corner. It’s going to have to start with the best performers, doing what the so-called Tigers did in East Asia, showing the way for other countries. Young said you can make more money honestly in a growing economy, than you can steal in a dying economy. Wolfowitz gave examples of the turnaround in Africa. Africa needs an environment where foreign investment support and local domestic investment is even more important.
Accountants and Society: Serving the Public Interest

( 1997-10-26) Wolfensohn, James D.

James D. Wolfensohn, President of the World Bank Group, discussed how accountants can best serve the public interest. Over the last 15 years, the Bank have seen freedom blossom and with it an expanded role for civil society. Today five billion people live in a market system - up from 1 billion a decade ago. Lack of institutional capacity, poor governance, and public sector management remain major impediments to growth and development. The Bank is holding anti-corruption seminars and workshops for parliamentarians and journalists; making sure that our own processes meet the highest standards of transparency and propriety; and pushing ahead with deregulation, institutional, and policy reform. The Bank can and is working to improve accounting and auditing capacity building, in Ghana, Zambia, China, Pakistan, and Indonesia among others.