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

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Remarks by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan

(World Bank, Washington, DC, 2022-09-13) Malpass, David

This report discusses the remarks delivered by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan. Global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent in 2022, with further slowing likely as more countries fall into recession. In developing economies, COVID-19 has already had a devastating impact on income growth and poverty reduction. The war in Ukraine is dealing yet another blow to their growth prospects. Developing countries are now expected to grow by a mere 3.4 percent in 2022, well below the average from 2011 to 2019. Each step in the progression of crises in recent years is leaving poorer countries further behind, adding to inequality. My deep concern is that these trends will persist. The World Bank Group is making around 170 billion dollars in financing available for new and existing projects over the 15 months starting April 2022 to support this crisis response package. This will be complemented by analytical and advisory work to strengthen evidence-based development policies and programs.
Remarks by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security

(World Bank, Washington, DC, 2022-06-24) Malpass, David

These remarks were delivered by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security on June 24, 2022. He said food systems were fragile even before Russia invaded Ukraine, and the war has now accelerated a global food crisis. He recommended the following actions that countries should take to mitigate impacts of higher food prices and make sure that the most vulnerable continue to have food: First, support vulnerable households through social safety nets and well-targeted cash transfers; Second, enhance the next season's production by facilitating farmers’ access to agriculture inputs such as fertilizers; Third, invest in strengthening the resilience of food systems; and fourth, and most importantly, facilitate increased trade by building international consensus. He said that to help countries taking these actions, the World Bank Group is making up to thirty billion available over the next fifteen months. He highlighted that together with the G7 Presidency, the World Bank has co-convened the Global Alliance for Food Security – an alliance for countries and organizations to support existing initiatives and catalyze an immediate and concerted response. He concluded by saying that he looks forward to more opportunities to work with G7 member countries and other organizations.
Uniting Behind Universal Health Coverage

(World Bank, Washington, DC, 2015-12-16) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, remarked that the Isay-Shima summit next May is our opportunity to finally act on the unfulfilled promise of Alma Ata, and move rapidly toward universal health coverage, and to prepare ourselves before the next pandemic hits. Accomplishing these twin goals will represent a quantum leap forward in people’s health and economic wellbeing.
Remarks at the Foreign Correspondents Club of Japan, Tokyo, March 13, 2015

( 2015-03-15) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, discusses the two goals that shape the mission of the World Bank Group: ending extreme poverty by 2030 and boosting shared prosperity. He speaks the need to accelerate a kind of economic growth that’s more inclusive, socially sustainable, and protects the environment. He talks about climate change. The frequency, intensity, and duration of extreme climatic events will increase. Droughts, earthquakes, and typhoons will only become worse in the future. He appreciates Japan’s focus on doing things before a disaster strikes, as it saves lives and money. He talks about working to refocus developing countries on prevention and preparedness when it comes to disaster risk management. He commends Japan that has been supportive of the World Bank Group’s efforts to make innovative financing mechanisms available to governments of developing countries. He appreciates Japan's contribution towards Ebola crisis. He concludes by saying that the Japan's accumulated wisdom has shown the world that taking the proper precautions can save thousands of lives as well as billions of dollars in lost economic growth.
Trading for Results: Realizing the Promise of Doha

( 2005-10-12) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, complimented the impressive work of agencies like the Japan International Cooperation Agency and the Japan Bank for International Cooperation. Japan is a big player everywhere in the world. The World Bank depends heavily on Japanese financial markets for borrowing. Today, Japan is a major market for developing countries and a major source of development assistance. Developing countries will need assistance to help their entrepreneurs take advantage of new trade opportunities. A swift and meaningful conclusion to the Doha round is essential if the Bank is to win the fight against poverty, disease, and hunger.
Japan’s Role in Africa

( 2005-10-11) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, discussed how Japan’s success is an inspirational example for developing countries. Now, Japan is the second largest shareholder in the World Bank and a valued partner. Today the world is challenged to help the poor countries achieve the millennium development goals and that Japan and the World Bank have a common set of priorities in that endeavor. The Hong Kong round of the Doha development trade round is a big challenge ahead. The relationship between Japan and the World Bank is one of the most critical ones.
Foundations for a More Stable Global System

( 1999-03-01) Wolfensohn, James D.

James D. Wolfensohn, President of the World Bank Group, discussed the global financial architecture and developing countries. A stable financial architecture cannot be achieved without the proper structural, institutional, social and human foundations needed to make a modern market economy work. He identified the elements that should guide the choices of national governments, and the work that international institutions can do to assist them, and partnerships and co-operation between institutions. These include, first, good governance, strong public institutions, and a system that fights corruption; second, strong legal and a justice system able to guarantee the execution of those laws; and third, a well-regulated financial superstructure. Our social agenda should begin with those elements at the very heart of ensuring an opportunity at all levels of society: a good health system and an education system available to boys and girls equally. The environment is a crucial element in our foundation. We must resist a one-size-fits-all approach. At the Bank we work toward a comprehensive development framework agreed with each partner country.