10. Speeches of World Bank Presidents [collection under construction]
376 items available
Permanent URI for this collection
Sub-collections of this Collection
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A. Speeches by David R. Malpass (2019 to present) -
B. Speeches by Jim Yong Kim (2012-19) -
C. Speeches by Robert B. Zoellick (2007-12) -
D. Speeches by Paul Wolfowitz (2005-07) -
E. Speeches by James D. Wolfensohn (1995-2005) -
F. Speeches by Lewis Preston (1991-95) -
G. Speeches by Barber Conable (1986-91) -
H. Speeches by Alden W. Clausen (1981-86) -
I. Speeches by Robert S. McNamara (1968-81) -
J. Speeches by George Woods (1963-68)
Items in this collection
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Remarks by World Bank Group President David Malpass at the U.S. Treasury’s MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization
(World Bank, Washington, DC, 2022-10-18)These remarks were delivered by the World Bank Group President David Malpass at the U.S. Treasury’s MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization on October 18, 2022. He mentioned three of the World Bank activities as follows: (i) First is World Bank's trust funds and Financial Intermediary Funds, such as Global Infrastructure Facility and Public-Private Infrastructure Advisory Facility, which the Bank established as an Umbrella program to increase their upstream advisory support; (ii) Second, the World Bank actively use guarantees to increase capital flows to infrastructure and is working on ways to catalyze more private capital through appropriate de-risking instruments; and (iii) Third, World Bank's work on Quality Infrastructure Investment (QII) is key to increasing private investment opportunities. He also shared the following three updates: (i) First, he was pleased to see that the G20 adopted the Compendium of QII Indicators; (ii) Second, the World Bank works closely with client countries and development partners at the upstream level to improve the enabling environment for the private sector; and (iii) Third, The World Bank is of course working on new ideas and he welcomed their engagement here too. He said that importantly, the World Bank introduced the SCALE trust fund at last week’s Annual Meetings. He concluded by saying that he wants to be using the full suite of World Bank, IFC, and MIGA financing instruments and capabilities to unlock larger volumes of private finance for quality, sustainable infrastructure. -
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Remarks by World Bank Group President David Malpass at the 2nd Ministerial Roundtable for Support to Ukraine
(World Bank, Washington, DC, 2022-10-12)These remarks were delivered by World Bank Group President David Malpass at the 2nd Ministerial Roundtable for Support to Ukraine on October 12, 2022. Ukraine’s basic non-military budget financing needs, dominated by essential social services, are substantial and need continued external financing support. Even more is needed to repair roads, bridges, homes, schools, energy infrastructure, and clinics. And as winter sets in, urgent support is needed for energy supplies and preparations for homes. To mobilize additional support, the World Bank has established a multi-donor fund to help the government sustain its capacity to deliver services, conduct relief efforts, and plan and implement the country’s recovery and reconstruction. -
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Remarks by World Bank Group President David Malpass at the Future of Digital Cooperation Event: Building Resilience Through Safe, Trusted, and Inclusive Digital Public Infrastructure
(World Bank, Washington, DC, 2022-09-21)This report discusses the readout from World Bank Group President David Malpass’s meeting at the Future of Digital Cooperation Event: Building Resilience Through Safe, Trusted, and Inclusive Digital Public Infrastructure. There have been severe reversals in development, and global policy trends suggest these will persist. Digital public infrastructure is a vital part of our response. Digital identification, payment, and data sharing platforms have made it possible for countries to respond more effectively, more transparently, at a greater speed and scale, and with more security and privacy. The World Bank Group is engaged across all these elements and our operations with significant digital components have been growing. Our portfolio stands at nearly 4.7 billion dollars. Through country engagements, we support our clients to boost mobile phone networks and remove regulatory barriers to foster access to finance. We are helping with the adoption of e-government platforms and the modernization of social protection systems. Our Global Findex database shows that 71 percent of adults in developing economies now have a formal financial account, often a bank account, compared to 42 percent a decade ago. It is critical to build on this trend. Expanding access to finance, reducing the cost of digital transactions, and channeling wage payments and social transfers through accounts will be critically important to mitigate the reversals in development from the ongoing turbulence. -
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Introductory Remarks by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution
(World Bank, Washington, DC, 2022-07-13)These opening remarks were made by World Bank Group President David Malpass at the State of the Global Economy Event Organized by Brookings Institution on July 13, 2022. Mr. Malpass said the world is facing multiple crises, including the sharpest slowdown in GDP growth in 80 years, the risk of a frozen crisis in Ukraine due to Russia's invasion, and a massive worsening in global inequality as advanced economies absorb the limited supplies of global capital and energy. Global growth is not expected to rebound in 2023, given energy supply constraints; the long overdue normalization of interest rates and bond yields in the advanced economies; and the misallocation of investments that has pushed much of the world’s savings into bonds, mostly bonds issued by governments and overcapitalized borrowers. The global economy is also facing significant downside risks. These include intensifying geopolitical tensions, the fragility in many countries, the potential for an extended period of stagflation, the widespread financial stress that's caused by the higher borrowing costs, and food insecurity. -
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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)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. -
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Transcript of Conversation with David Malpass and Samantha Power on the Way Forward
(World Bank, Washington, DC, 2022-06-21)These remarks were delivered by the World Bank Group President David Malpass in conversation with Samantha Power, USAID Administrator on June 21, 2022. They discussed about the impact of overlapping global crises on the poorest and most vulnerable people. The world, as people know, is in a very complicated situation, especially for people in poorer countries and the poor worldwide. It has to do with inflation, with food, with conflict, fragility, issues that we work with every day at the World Bank and USAID does, too. As people know, the World Bank works on an array of development issues and including and especially right now food and fertilizer. We have announced 30 billion dollars of assistance in the food-related areas as part of our response to the current set of crises. And one of the challenges is, in specific country areas, to find the right program. And we work very, very closely with development assistance agencies around the world, including and especially USAID. -
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Remarks by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting
(World Bank, Washington, DC, 2022-06-09)These remarks were delivered by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting on June 9, 2022. He spoke about the following: war in Ukraine; the World Bank Group is responding, with increased financial support to FCV countries, and with more staff on the ground. Addressing the challenges of fragility, conflict and violence requires strengthened international cooperation and deeper collaboration with governments, with partners such as the UN, with civil society, and the affected populations themselves, and climate action. -
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Transcript of Conversation with David Malpass and Masood Ahmed on the Way Forward
(World Bank, Washington, DC, 2022-05-26)These remarks were delivered by the World Bank Group President David Malpass in conversation with Masood Ahmed, the President of the Center for Global Development on May 26, 2022. They both discussed on the following topis: (i) respond to the COVID crisis and now to the latest set of crises from Russia's invasion of Ukraine; (ii) the world moves away from the dependence on Russian energy, then new supplies will be vital; (iii) COVID Vaccination; (iv) fighting climate change; (v) global public goods; (vi) climate change action plan; (vii) climate financing; (viii) sustainable debt finance process; (ix) food security and infrastructure development; (x) possible global recession; (xi) education sector; (xii) human capital index; (xiii) the G7 communique; and (xiv) low-income households. -
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Remarks by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum
(World Bank, Washington, DC, 2022-05-25)These remarks were delivered by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum on May 25, 2022. He spoke about the world is facing a dangerous period of overlapping crises of the COVID-19 pandemic, inflation, debt, and Russia’s invasion of Ukraine. He explanied that Africa is particularly vulnerable to the impacts of the overlapping crises. He spoke about climate interventions and projects offer large global public good benefits, but many require substantial external funding as well as a comprehensive policy framework. He emphasized the importance of strong governance and sound institutions to confronting climate challenges in Africa, the area which is at the core of the Mo Ibrahim Foundation’s work. He highlighted that the Ibrahim Index of African governance is vital in understanding the overall trajectory of governance in Africa and informing decision-making processes, including in response to climate change. He said that building a more climate-resilient Africa does not mean slowing down development or the progress toward achieving SDG7. He concluded by saying that various steps will be essential in Africa’s transition from subsistence farming to productive economic activity in agriculture, services, industry, and public sectors. -
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Transcript of World Bank Group President David Malpass’s Interview with James Coomarasamy on BBC Radio’s The World Tonight
(World Bank, Washington, DC, 2022-05-19)These remarks were delivered by the World Bank Group President David Malpass’s at the interview with James Coomarasamy on BBC Radio’s The World Tonight on May 19, 2022. He said that the key thing for the world is to create more supplies of energy of food of fertilizer, and move forward. He mentioned about lot of pressure on debt in developing countries because the contracts weren't transparent. He mentioned that there was Coronavirus (COVID-19) itself, the pandemic and the deaths but then also the shutdowns and in particular the shutdowns and closures of schools, and it is going to take years and years to make up for the educational losses that went on. He highlighted the course of inflation depends a lot on the amounts that can be added into the global economy to make up for some of the losses. He spoke about export bans are a big problem. He concluded by saying that it’s vital to end the war in Ukraine, and if that can't be done, then it's vital that countries around the world, and especially the advanced economies, announce new supplies of energy, of food and of fertilizer.