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    Remarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors
    (World Bank, Washington, DC, 2022-10-11) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors on October 11, 2022. The developing world is facing an extremely challenging outlook shaped by sharply higher food, fertilizer, and energy prices, rising interest rates and credit spreads, currency depreciation, capital outflows, and higher level of debts that adds to higher inflation, impacting especially the poor. With the current trends, the risks of a global recession in 2023 are high. The World Bank Group, together with the IMF, stands ready to continue working with the G20 to make progress in the debt agenda and we look forward to working with India’s upcoming G20 Presidency on this.
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    Interview with Axios on HBO
    (World Bank, Washington, DC, 2021-02-08) Malpass, David ; Rabouin, Dion
    David Malpass, President of the World Bank, talks about delivery of the vaccines and inequality between the rich countries and the poor countries and also within countries. He discussed the need for effective international organizations and cooperation with governments.
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    Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development
    (World Bank, Washington, DC, 2017-09-12) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats.
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    Ending Poverty: How Health and Innovation Can Lead the Way
    ( 2015-10-29) Kim, Jim Yong
    Jim Yong Kim, President of the World Bank, discusses seeking transformative solutions to challenges of development and poverty that are necessarily cross disciplinary and what a great university should be doing. He talks about the investments that developing countries can make in the health and education of their people which will help reduce extreme poverty in the countries. He speaks about the importance of early childhood development. He talks about stronger health systems in developing countries that can extend the reach of doctors and nurses, and serve as disease outbreak alert and response networks critical to containing infections. He concludes by saying that the pregnant woman who lives in a conflict zone should be focused and we must do whatever it takes to support her so that her newborn child will have a world of opportunity, equal to that of any child in the world.
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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.
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    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.
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    Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015
    ( 2015-10-08) Kim, Jim Yong
    This is the transcript of the remarks delivered by Jim Yong Kim, President of the World Bank Group. He discusses on the period of slow growth, the end of the commodity super-cycle, pending interest-rate hikes, and the continued flight of capital out of emerging markets in the world. He talks about governments that must overcome a growing demographic divide to make future progress. He talks about the climate change and the need to cut emissions and invest in greater resilience . He speaks about developing countries that are going to get serious about increasing tax revenues, and stopping illicit flows of money. He mentions about the increase of capacity to support countries all over the world in building successful Purchasing Power Parity (PPP). He concludes by talking about Mexico and its very rapid development in the northern states and the need to apply that model for the development of southern states.
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    Ethiopia Rising: Aspiring to Become a Carbon Neutral Middle Income Manufacturing Hub by 2025
    ( 2015-07-14) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss Ethiopia’s commitment to climate action, the role of industrialization in delivering development, and bringing these together for low-carbon, equitable growth. He speaks about the government’s promotion of low-carbon growth, poverty reduction, and climate resilience to tackle the impact of climate changes. He talks about the crucial component of Ethiopia’s drive for growth and transformation will be the development of a vibrant manufacturing and industrial base, which creates jobs for growing urban areas. The World Bank Group is working with the government to ensure that new industrial parks make use of recycled water and renewable resources, develop green areas, and reflect upgraded environmental standards and inspection systems.
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    Billions to Trillions: Ideas to Actions
    ( 2015-07-13) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, focus on moving from ideas to action for mobilizing trillions of dollars needed for development. He notes that with the end of the Millennium Development Goals and the introduction of the Sustainable Development Goals comes an opportunity to make important changes in how we approach development. He suggests exploring ways to use our shareholder capital, innovative financing solutions, knowledge, and convening power to catalyze and crowd-in trillions of public and private sector dollars. The flexibility of the MDB model, which allows us to leverage these investments through the development of innovative solutions to global challenges. To go from billions in official assistance to trillions in investments, we will have to push even further our willingness to collaborate through creative partnerships.
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    Remarks at Plenary Session, Third International Conference on Financing for Development, Addis Ababa, Ethiopia, July 13, 2015
    ( 2015-07-13) Kim, Jim Yong
    Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss building on Ethiopia’s legacy by presenting the world with a shared vision for substantially increasing funding for the world’s poor. He talks about the need to be bold, creative, form strong partnerships, and find new resources to meet our goals of reducing poverty in the world. He talks about how the funding we leverage means more children will be educated, more patients will be treated, and more vital services will be provided. He concludes that we are part of a growing global movement that is the first generation in humankind that can end extreme poverty.