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

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Discussion at the Center for Global Development

(World Bank, Washington, DC, 2019-11-05) Malpass, David

David Malpass, President of the World Bank, addressed the common challenge presented by slowing world growth. He remarked that governance issues are apparent around the world. On matters of debt, he emphasized dispute settlement, debt contract transparency, contract fairness, and facilitating better living standards. He noted that some countries’ debt payments are in arrears.
Opening Remarks at the 2019 Annual Meetings Opening Press Conference

(World Bank, Washington, DC, 2019-10-17) Malpass, David

David Malpass, President of the World Bank Group, highlighted the urgent priorities for discussion with shareholders. Global growth is slowing. Investment is sluggish, manufacturing activity is soft, and trade is weakening. The challenges of climate change and fragility are making poor countries more vulnerable. This backdrop makes our goals of reducing extreme poverty and boosting shared prosperity even harder. He suggested that with the right mix of policies and structural reforms, countries can unleash growth that's broadly shared across all segments of society. He spoke about how the Bank is helping countries build strong programs tailored to the unique circumstances of their economies. He highlighted the importance of education. He mentioned the proposed IDA replenishment, and reaffirmed commitment to projects on climate and on gender inclusion. In conclusion, he said that the well-designed structural reforms are needed to unlock growth and build the foundations for future prosperity.
Remarks at Media Roundtable during Annual Meetings 2019

(World Bank, Washington, DC, 2019-10-16) Malpass, David

David Malpass, President of the World Bank Group, fielded questions from the media. He spoke about fundraising for the nineteenth replenishment of IDA. He explained the importance of debt transparency. He discussed the World Bank's role in Ukraine in terms of land reform, the reform of the financial system, reform of state-owned enterprises, reform of the of Ukraine's fiscal structure, and related issues. He discussed the Bank’s work on climate change and the environment. He highlighted the sluggish growth of investment in developing countries, but with good policies, countries can find a way to go against the trend and improve their growth outlook. He commented on trade facilitation and trade integration in Africa. He cautioned about the slowness of world trade growth and its implications on developing countries.
Driving Growth from the Ground Up

(World Bank, Washington, DC, 2019-10-07) Malpass, David

David Malpass, President of the World Bank Group, spoke about the urgency of growth in developing countries. He discussed innovations in digital financial services that provide secure systems to allow poor people to electronically receive remittances, foreign aid, and social safety-net payments as well as their earnings. He cautioned about the slow global growth, and it's paramount that countries carry out well-designed structural reforms to ignite domestic growth. He highlighted on the importance of a clear analysis and understanding of a country's laws and regulations and a path of reforms or catalytic investments that will expand the private sector. Finally, he concluded by saying that World Bank Group won’t give up on its main goal of reducing extreme poverty.
Remarks at the SDG Summit

(World Bank, Washington, DC, 2019-09-24) Malpass, David

David Malpass, President of the World Bank Group, addressed the challenges to reducing poverty and boosting shared prosperity. He mentioned Brexit, negative interest rates, trade frictions, global economic slowdown, sluggish investment, debt burdens, and lack of access to clean water, education, electricity, roads, and basic health care. The World Bank focuses on helping developing countries implement good policies. Many need a bolder agenda for boosting private sector growth. He noted that the problem of global poverty is urgent, so we need to act quickly, and work continually with everyone on these challenges.
Remarks at the 2019 UN High-Level Meeting on Universal Health Coverage

(World Bank, Washington, DC, 2019-09-23) Malpass, David

David Malpass, President of the World Bank Group, spoke about the importance of accelerating progress toward universal health coverage (UHC), which is critical in alleviating extreme poverty and boosting shared prosperity. He highlighted on the role of IDA in funding the low-income countries for healthcare. He stated that the IDA funding was not enough and estimated a financing gap to achieve UHC in fifty-four of the poorest countries. He proposed four priority areas to close that gap. He concluded by saying that the country leadership is critical to build a healthier, prosperous, promising future for their people.
Remarks by World Bank Group President David Malpass on Bretton Woods 75th Anniversary

(World Bank, Washington, DC, 2019-07-16) Malpass, David

David Malpass, President of the World Bank Group, commemorated the 75th anniversary of the 1944 conference held in Bretton Woods, New Hampshire which led to the creation of the World Bank. He spoke about key historical events and development challenges. He discussed the IDA19 replenishment and its importance to the Sahel. He noted the evolution of development policy and development finance, including highlights like the debt crisis, globally traded bonds, and Green Bonds. He mentioned advisory services and key reports produced by the Group.
Remarks from World Bank Group President David Malpass at the G20 Leaders Summit

(World Bank, Washington, DC, 2019-06-29) Malpass, David

These remarks were delivered by David Malpass, President of the World Bank Group, at the G20 Leaders Summit held in Osaka, Japan. He spoke about how giving women better access to economic opportunities is critical to eliminate differences in living standards between men and women. He highlighted We-Fi which is so important and how the Bank was proud to celebrate its two-year anniversary in Osaka. He spoke about the developing countries and the Bank's role in actively identifying changes in the private sector environment that will attract investment and enable higher living standards and better lives. He explained the Bank's work in fragile states, such as the Sahel and the Horn of Africa, to help countries build stronger foundations so that young people are more able to stay rather than seeking to immigrate. He discussed reducing inequality and realizing inclusive and sustainable growth around the world, and how addressing these requires jobs, education, healthcare, attention to the environment, and robust commerce and trade among neighbors and nations. He concluded by saying that the Bank would continue to work with all the nations on these challenges.
Forty Years of Reform and Poverty Reduction: Remarks at the International Forum on China’s Reform and Opening Up and Poverty Reduction

(World Bank, Washington, DC, 2018-11-01) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, spoke about the following: i) understand China’s journey and get the historical record right; ii) understand China’s past reforms, because they are important for future reforms; iii) understanding China’s reforms is increasingly important for the rest of the world; iv) china’s reform and opening up program, which was the foundation for the rapid growth that allowed people to lift themselves out of poverty; v) a focused and sustained effort targeted at poverty reduction throughout the reform period.
Remarks at the 2018 Annual Meetings Plenary

(World Bank, Washington, DC, 2018-10-12) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, discussed reducing poverty by using a three-pillar strategy. First, drive inclusive, sustainable economic growth by crowding in private sector investment, help countries manage debt levels, and harness the power of technology like FinTech. Second, build resilience to shocks and threats by taking urgent action on climate change, and help countries share the risks of disasters with the capital markets. Third, help countries invest more, and more effectively in their people to prepare for what is certain to be a more digitally-demanding future. He spoke in length about Human Capital Index.