Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014

Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other...

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Main Authors: Kim, Jim Yong, Lagarde, Christine
Format: Speech
Language:English
en_US
Published: 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/02/25875914/transcript-world-bank-group-president-jim-yong-kim-development-committee-press-conference
http://hdl.handle.net/10986/24321
id okr-10986-24321
recordtype oai_dc
spelling okr-10986-243212021-04-23T14:04:21Z Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014 Kim, Jim Yong Lagarde, Christine INFRASTRUCTURE INVESTMENT GROWTH RATES DEFICIT BOARD MEETING IMF FOOD SECURITY GOOD URBANIZATION GROWTH TRUST STOCK FINANCIAL CRISIS FUTURE INCOME INTEREST VALUE DEVELOPMENT BANKS BANK INTEREST RATE PURCHASING POWER INVESTMENT BANK SERVICES DEVELOPING COUNTRIES BANK ACCOUNT MULTILATERAL DEVELOPMENT FINANCIAL INSTRUMENT INFRASTRUCTURE DEVELOPMENT PORTFOLIO ECONOMY COMPANIES GROWTH TRUST FUND STOCK VALUE PRICING PROJECTS ENVIRONMENTAL SUSTAINABILITY DIRECT PAYMENTS PRICE MULTILATERAL DEVELOPMENT BANKS MARKET FAILURE MARKET INFRASTRUCTURE PROJECTS INTERNATIONAL COMMUNITY FIGHTING CONFLICT PILOT PROJECTS MEETINGS BANK ACCOUNTS GOVERNANCE DEVELOPMENT PATH STATE GOODS STATES SECURITY INVESTMENT CONTAINMENT SHARE ORGANIZATION ADVANCED ECONOMIES POVERTY EXPERTS INVESTMENTS FINANCIAL SUPPORT LENDING EMERGING MARKET FINANCIAL INSTITUTIONS TRUST FUND DEBT WORLD DEVELOPMENT TRUST ORGANIZATIONS RETURN AGREEMENT DEPENDENCE INSTRUMENT LOANS GOVERNMENTS MEETING POLITICAL ORGANIZATION DEVELOPMENT BANK GRANTS ECONOMIES POWER PARITY INTERNATIONAL FINANCIAL INSTITUTIONS INFRASTRUCTURE INVESTING BANKS Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other multilateral development banks, to prepare projects and bridge the gap in what is a market failure. He speaks about the companies that were represented, sovereign wealth funds, the countries that had signed on, including China, which has made very strong commitments to finding a price on carbon for the world. He highlights about the need for some source of funding that will disperse immediately on the occasion of the next epidemic, and the global community needs to come together to decide what the response will be. Christine Lagarde, IMF Managing Director, commended Kim on his efforts in the fight against Ebola. Lagarde noted that much of Africa is growing and creating jobs. The two fielded questions on Ebola, the role of China in these institutions, China’s investment-led growth strategy, and the Asian Infrastructure Investment Bank. 2016-05-23T18:44:29Z 2016-05-23T18:44:29Z 2014-10-11 Speech http://documents.worldbank.org/curated/en/2016/02/25875914/transcript-world-bank-group-president-jim-yong-kim-development-committee-press-conference http://hdl.handle.net/10986/24321 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Speech Sub-Saharan Africa West Africa China
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic INFRASTRUCTURE INVESTMENT
GROWTH RATES
DEFICIT
BOARD MEETING
IMF
FOOD SECURITY
GOOD
URBANIZATION
GROWTH TRUST
STOCK
FINANCIAL CRISIS
FUTURE
INCOME
INTEREST
VALUE
DEVELOPMENT BANKS
BANK
INTEREST RATE
PURCHASING POWER
INVESTMENT BANK
SERVICES
DEVELOPING COUNTRIES
BANK ACCOUNT
MULTILATERAL DEVELOPMENT
FINANCIAL INSTRUMENT
INFRASTRUCTURE DEVELOPMENT
PORTFOLIO
ECONOMY
COMPANIES
GROWTH TRUST FUND
STOCK VALUE
PRICING
PROJECTS
ENVIRONMENTAL SUSTAINABILITY
DIRECT PAYMENTS
PRICE
MULTILATERAL DEVELOPMENT BANKS
MARKET FAILURE
MARKET
INFRASTRUCTURE PROJECTS
INTERNATIONAL COMMUNITY
FIGHTING
CONFLICT
PILOT PROJECTS
MEETINGS
BANK ACCOUNTS
GOVERNANCE
DEVELOPMENT PATH
STATE
GOODS
STATES
SECURITY
INVESTMENT
CONTAINMENT
SHARE
ORGANIZATION
ADVANCED ECONOMIES
POVERTY
EXPERTS
INVESTMENTS
FINANCIAL SUPPORT
LENDING
EMERGING MARKET
FINANCIAL INSTITUTIONS
TRUST FUND
DEBT
WORLD DEVELOPMENT
TRUST
ORGANIZATIONS
RETURN
AGREEMENT
DEPENDENCE
INSTRUMENT
LOANS
GOVERNMENTS
MEETING
POLITICAL ORGANIZATION
DEVELOPMENT BANK
GRANTS
ECONOMIES
POWER PARITY
INTERNATIONAL FINANCIAL INSTITUTIONS
INFRASTRUCTURE
INVESTING
BANKS
spellingShingle INFRASTRUCTURE INVESTMENT
GROWTH RATES
DEFICIT
BOARD MEETING
IMF
FOOD SECURITY
GOOD
URBANIZATION
GROWTH TRUST
STOCK
FINANCIAL CRISIS
FUTURE
INCOME
INTEREST
VALUE
DEVELOPMENT BANKS
BANK
INTEREST RATE
PURCHASING POWER
INVESTMENT BANK
SERVICES
DEVELOPING COUNTRIES
BANK ACCOUNT
MULTILATERAL DEVELOPMENT
FINANCIAL INSTRUMENT
INFRASTRUCTURE DEVELOPMENT
PORTFOLIO
ECONOMY
COMPANIES
GROWTH TRUST FUND
STOCK VALUE
PRICING
PROJECTS
ENVIRONMENTAL SUSTAINABILITY
DIRECT PAYMENTS
PRICE
MULTILATERAL DEVELOPMENT BANKS
MARKET FAILURE
MARKET
INFRASTRUCTURE PROJECTS
INTERNATIONAL COMMUNITY
FIGHTING
CONFLICT
PILOT PROJECTS
MEETINGS
BANK ACCOUNTS
GOVERNANCE
DEVELOPMENT PATH
STATE
GOODS
STATES
SECURITY
INVESTMENT
CONTAINMENT
SHARE
ORGANIZATION
ADVANCED ECONOMIES
POVERTY
EXPERTS
INVESTMENTS
FINANCIAL SUPPORT
LENDING
EMERGING MARKET
FINANCIAL INSTITUTIONS
TRUST FUND
DEBT
WORLD DEVELOPMENT
TRUST
ORGANIZATIONS
RETURN
AGREEMENT
DEPENDENCE
INSTRUMENT
LOANS
GOVERNMENTS
MEETING
POLITICAL ORGANIZATION
DEVELOPMENT BANK
GRANTS
ECONOMIES
POWER PARITY
INTERNATIONAL FINANCIAL INSTITUTIONS
INFRASTRUCTURE
INVESTING
BANKS
Kim, Jim Yong
Lagarde, Christine
Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
geographic_facet Sub-Saharan Africa
West Africa
China
description Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other multilateral development banks, to prepare projects and bridge the gap in what is a market failure. He speaks about the companies that were represented, sovereign wealth funds, the countries that had signed on, including China, which has made very strong commitments to finding a price on carbon for the world. He highlights about the need for some source of funding that will disperse immediately on the occasion of the next epidemic, and the global community needs to come together to decide what the response will be. Christine Lagarde, IMF Managing Director, commended Kim on his efforts in the fight against Ebola. Lagarde noted that much of Africa is growing and creating jobs. The two fielded questions on Ebola, the role of China in these institutions, China’s investment-led growth strategy, and the Asian Infrastructure Investment Bank.
format Speech
author Kim, Jim Yong
Lagarde, Christine
author_facet Kim, Jim Yong
Lagarde, Christine
author_sort Kim, Jim Yong
title Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
title_short Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
title_full Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
title_fullStr Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
title_full_unstemmed Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014
title_sort remarks at the development committee press conference, imf-world bank annual meetings, washington, d.c., october 11, 2014
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/02/25875914/transcript-world-bank-group-president-jim-yong-kim-development-committee-press-conference
http://hdl.handle.net/10986/24321
_version_ 1764456379045642240