Publication: Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015
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Date
2015-10-08
ISSN
Published
2015-10-08
Author(s)
Kim, Jim Yong
Abstract
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.
Citation
“Kim, Jim Yong. 2015. Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015. © http://openknowledge.worldbank.org/handle/10986/24293 License: CC BY 3.0 IGO.”