Listing 1 - 8 of 8 |
Sort by
|
Choose an application
Choose an application
Jim Yong Kim (President of the World Bank Group), Christine Lagarde (Managing Director of the International Monetary Fund), and Marek Belka (Chairman of the Development Committee) made opening statements. Belka emphasized that the twin goals of ending extreme poverty and promoting shared prosperity must be pursued in a sustainable manner. Over the past six months, we have witnessed intensive consultations and analysis designed to put the flesh on the bones--to work out a detailed strategy by which the Bank Group will set out to translate the goals into operational programs with its borrowing member countries. Kim highlighted one major shift in the strategy-leveraging IDA to increase investment in fragile states. Lagarde focused on growth in Sub-Saharan Africa, including increased technical assistance. Replenishment of the Poverty Reduction and Growth Trust fund has passed the 90 percent threshold. Media raised questions on emerging markets, the Mexican economy, global growth, tapering, unconventional monetary policy, U.S. growth.
Access to Finance --- Business Environment --- Capital --- Capital Markets --- Credit --- Currencies and Exchange Rates --- Debt --- Debt Markets --- Default --- Developing Countries --- Economy --- Emerging Markets --- Finance --- Finance and Financial Sector Development --- Fiscal Policy --- Global Economy --- Governance --- Interest Rates --- International Governmental Organizations --- Low-Income Countries --- Monetary Policy --- Poverty --- Private Sector Development --- Savings --- Sovereign Debt --- Technical Assistance --- Women
Choose an application
Marek Belka, Chairman of the Development Committee, stated that there was a very broad, uniform support for the twin goals of the World Bank Group. He noted the resounding support for internal reforms at the World Bank Group. Jim Yong Kim, President of the World Bank Group, spoke about the change process and the success in developing and bringing together Global Practices and cross-cutting solution areas throughout the world. He noted the IDA replenishment and new financial arrangements that will allow increased lending in the next few years. He concludes by noting the need for a carbon price and the need to reduce fossil fuel subsidies, the importance of energy efficiency and improved performance standards, and and also long-term finance for renewable energy. Christine Lagarde, IMF Managing Director, affirms that the IMF will continue to work on the issues of inequality, gender inclusion, growth, and the job market, and the fiscal aspect of climate change and how those matters of macroeconomic criticality can be addressed using fiscal tools. They fielded questions on IMF governance reform, the impact of technological change on employment, and the pace of the Global Infrastructure Facility.
Capital Flows --- Climate --- Climate Change --- Climate Change Economics --- Climate Change Mitigation and Green House Gases --- Commodity Prices --- Debt --- Developing Countries --- Emissions --- Energy --- Energy Efficiency --- Environment --- Finance --- Global Warming --- Governance --- Greenhouse Gases --- Infrastructure --- Infrastructure Economics --- Infrastructure Economics and Finance --- Insurance --- International Governmental Organizations --- Internet --- Long-Term Finance --- Low-Income Countries --- Macroeconomics and Economic Growth --- Renewable Energy --- Roads --- Science and Technology Development --- Technology Innovation --- Transport --- Urbanization
Choose an application
Choose an application
Choose an application
Choose an application
Choose an application
Listing 1 - 8 of 8 |
Sort by
|