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

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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.
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, 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.
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.
A Global Perspective: Tackling Three 'Intractable' Challenges Facing the World

( 2015-06-09) Kim, Jim Yong

Remarks delivered by Jim Yong Kim, President of the World Bank Group, at Goethe University, Frankfurt, Germany, discuss applying the world’s best ideas, knowledge, and experience in development to accomplish the World Bank Group’s twin goals of ending extreme poverty by 2030, and boosting shared prosperity. He speaks about helping the poor and vulnerable in low- and middle-income countries in the world not only for poverty reduction within their borders, but is important for growth around the world, especially going forward. He talks about the strategy to invest in people, especially through education and health. He stresses investments in girls and women as particularly important because they have a multiplier effect on the well-being of the extreme poor. He speaks about protecting people from deadly pandemics especially in developing countries. He insists the students that they must apply what they have learned, and must do, for the sake of the poorest, for the children, and for the sake of our humanity.
Creating Opportunity and Prosperity in East Asia

( 2015-05-21) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, discusses the opportunities and challenges facing the economic development of Indonesia and East Asia, and how the World Bank Group can help end extreme poverty and foster share prosperity more widely in the region. He remarked that the progress most admired about Indonesia is its accomplishment in reducing extreme poverty. The Group has aligned its work with two goals -- to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the population in low- and middle-income countries. The Program Nasional Pemberdayaan Mandiri, or PNPM, has helped distribute the gains from this growth more equitably across the population. He concludes saying that, we can make sure your successes help build a more just and equal world.
Remarks at Opening Press Conference, World Bank/IMF Spring Meetings, Washington, DC, April 16, 2015

( 2015-04-16) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, discusses promoting strong economic growth in developing countries. He speaks about the need to invest in people, especially in education, health and to build social safety nets and protections against both natural disasters and pandemics to ensure that people don't remain trapped in extreme poverty. He talks about the challenges in trying to work in all kinds of complex political situations, so that whatever happens to be going on in the political sphere, we can continue to work to lift people out of poverty and boost shared prosperity. He talks about multilateralism that is always complicated and is always fraught with disagreements. He promises to continue to try to engage with governments to have that impact. He mentioned reports released about the Bank’s resettlement history. The transcript includes the Q&A session.
Boosting Shared Prosperity

( 2014-10-01) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, spoke about how the Bank and other institutions can help boost shared prosperity and reduce inequality around the world. He talked about the importance of measuring income growth among the bottom 40 percent and compared that to the general population, but stressed that income alone cannot fully capture whether the bottom 40 percent are sharing in the prosperity of a country. Kim also spoke about the terrible consequences when institutions have too low aspirations for the poor, which the world is once again learning in its late response to the Ebola epidemic. He discussed that it's not only a moral imperative for countries to come to the aid of the three countries most affected by the epidemic, Guinea, Liberia, and Sierra Leone, but also an economic imperative to respond as rapidly and effectively as possible now before the epidemic spreads much wider.
Latin America and the Caribbean: Getting Fit for the Next Big Challenge

( 2014-04-23) Kim, Jim Yong

Jim Yong Kim, President of the World Bank Group, discusses how to boost Latin America’s growth. The region needs to increase productivity, spur innovation, and adapt its productive structure to changing circumstances which must become a national priority for all countries, independent of their political cycles and ideologies. Improving logistics and infrastructure, education, and the contractual environment are critical to advance development in the region. World Bank Group is working with the Haitian Government and the private sector to introduce best practices in public-private partnerships and to create opportunities for the Haitian people who have been waiting so long for them. He concludes by saying that providing disadvantaged children access to a quality education raises their productive capacity and enhances social inclusion through higher employability leading to higher growth and improved quality of life.