Development Committee Closing Press Conference
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 shar...
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| Format: | Speech |
| Language: | English en_US |
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| Online Access: | http://documents.worldbank.org/curated/en/2016/02/25870779/development-committee-closing-press-conference-jim-yong-kim-christine-lagarde-marek-belka http://hdl.handle.net/10986/24345 |
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okr-10986-243452021-04-23T14:04:21Z Development Committee Closing Press Conference Belka, Marek Kim, Jim Yong Lagarde, Christine CREDIT LINE EDUCATION SYSTEMS GROWTH RATES EMERGING MARKETS MONETARY POLICY RISKS CAPITAL MARKETS MARKET COUNTRIES CONSUMPTION SOVEREIGN DEBT PARTICULAR COUNTRY GOOD DEVELOPMENT ASSISTANCE PEOPLE CAPITAL VOLATILITY FINANCING GROWTH TRUST INTEREST INFRASTRUCTURE FINANCING INCOME FUTURE VALUE DEVELOPMENT BANKS GUARANTEES BANK CREDIT WORLD ECONOMY LONG-TERM CAPITAL EXCHANGE DEVELOPING COUNTRIES MULTILATERAL DEVELOPMENT DEVELOPING ECONOMIES ECONOMY FISCAL POLICY MARKET DEFAULT INFRASTRUCTURE PROJECTS MONETARY POLICIES LEVERAGES EMERGING MARKET ECONOMIES POVERTY REDUCTION EMERGING MARKET COUNTRIES DEBT MARKET ADVANCED COUNTRIES SAVINGS TECHNICAL ASSISTANCE GLOBAL ECONOMY INVESTMENT COMMERCE CURRENCY EXTREME POVERTY RISK BOND HIGH INTEREST RATES ADVANCED ECONOMIES POVERTY LOW-INCOME COUNTRIES BUSINESS ENVIRONMENT INCOME GROWTH SOVEREIGN DEBT MARKET REVENUE INTEREST RATES PROFIT MONETARY FUND BORROWING COUNTRY TO COUNTRY EMERGING MARKET MARKETS DEBT CAPITAL MARKET CHAMBER OF COMMERCE FISCAL CONSOLIDATION LEVERAGE FINANCIAL VOLATILITY EXCHANGE RATE STRUCTURAL REFORMS WOMEN GUARANTEE FINANCE ECONOMIES MARKET ECONOMIES CONSOLIDATION INVESTING BANKS 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. 2016-05-24T21:07:42Z 2016-05-24T21:07:42Z 2013-10-12 Speech http://documents.worldbank.org/curated/en/2016/02/25870779/development-committee-closing-press-conference-jim-yong-kim-christine-lagarde-marek-belka http://hdl.handle.net/10986/24345 English en_US World Bank/IMF Annual Meetings, October 12, 2013; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Speech United States |
| 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 |
CREDIT LINE EDUCATION SYSTEMS GROWTH RATES EMERGING MARKETS MONETARY POLICY RISKS CAPITAL MARKETS MARKET COUNTRIES CONSUMPTION SOVEREIGN DEBT PARTICULAR COUNTRY GOOD DEVELOPMENT ASSISTANCE PEOPLE CAPITAL VOLATILITY FINANCING GROWTH TRUST INTEREST INFRASTRUCTURE FINANCING INCOME FUTURE VALUE DEVELOPMENT BANKS GUARANTEES BANK CREDIT WORLD ECONOMY LONG-TERM CAPITAL EXCHANGE DEVELOPING COUNTRIES MULTILATERAL DEVELOPMENT DEVELOPING ECONOMIES ECONOMY FISCAL POLICY MARKET DEFAULT INFRASTRUCTURE PROJECTS MONETARY POLICIES LEVERAGES EMERGING MARKET ECONOMIES POVERTY REDUCTION EMERGING MARKET COUNTRIES DEBT MARKET ADVANCED COUNTRIES SAVINGS TECHNICAL ASSISTANCE GLOBAL ECONOMY INVESTMENT COMMERCE CURRENCY EXTREME POVERTY RISK BOND HIGH INTEREST RATES ADVANCED ECONOMIES POVERTY LOW-INCOME COUNTRIES BUSINESS ENVIRONMENT INCOME GROWTH SOVEREIGN DEBT MARKET REVENUE INTEREST RATES PROFIT MONETARY FUND BORROWING COUNTRY TO COUNTRY EMERGING MARKET MARKETS DEBT CAPITAL MARKET CHAMBER OF COMMERCE FISCAL CONSOLIDATION LEVERAGE FINANCIAL VOLATILITY EXCHANGE RATE STRUCTURAL REFORMS WOMEN GUARANTEE FINANCE ECONOMIES MARKET ECONOMIES CONSOLIDATION INVESTING BANKS |
| spellingShingle |
CREDIT LINE EDUCATION SYSTEMS GROWTH RATES EMERGING MARKETS MONETARY POLICY RISKS CAPITAL MARKETS MARKET COUNTRIES CONSUMPTION SOVEREIGN DEBT PARTICULAR COUNTRY GOOD DEVELOPMENT ASSISTANCE PEOPLE CAPITAL VOLATILITY FINANCING GROWTH TRUST INTEREST INFRASTRUCTURE FINANCING INCOME FUTURE VALUE DEVELOPMENT BANKS GUARANTEES BANK CREDIT WORLD ECONOMY LONG-TERM CAPITAL EXCHANGE DEVELOPING COUNTRIES MULTILATERAL DEVELOPMENT DEVELOPING ECONOMIES ECONOMY FISCAL POLICY MARKET DEFAULT INFRASTRUCTURE PROJECTS MONETARY POLICIES LEVERAGES EMERGING MARKET ECONOMIES POVERTY REDUCTION EMERGING MARKET COUNTRIES DEBT MARKET ADVANCED COUNTRIES SAVINGS TECHNICAL ASSISTANCE GLOBAL ECONOMY INVESTMENT COMMERCE CURRENCY EXTREME POVERTY RISK BOND HIGH INTEREST RATES ADVANCED ECONOMIES POVERTY LOW-INCOME COUNTRIES BUSINESS ENVIRONMENT INCOME GROWTH SOVEREIGN DEBT MARKET REVENUE INTEREST RATES PROFIT MONETARY FUND BORROWING COUNTRY TO COUNTRY EMERGING MARKET MARKETS DEBT CAPITAL MARKET CHAMBER OF COMMERCE FISCAL CONSOLIDATION LEVERAGE FINANCIAL VOLATILITY EXCHANGE RATE STRUCTURAL REFORMS WOMEN GUARANTEE FINANCE ECONOMIES MARKET ECONOMIES CONSOLIDATION INVESTING BANKS Belka, Marek Kim, Jim Yong Lagarde, Christine Development Committee Closing Press Conference |
| geographic_facet |
United States |
| relation |
World Bank/IMF Annual Meetings, October 12, 2013; |
| description |
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. |
| format |
Speech |
| author |
Belka, Marek Kim, Jim Yong Lagarde, Christine |
| author_facet |
Belka, Marek Kim, Jim Yong Lagarde, Christine |
| author_sort |
Belka, Marek |
| title |
Development Committee Closing Press Conference |
| title_short |
Development Committee Closing Press Conference |
| title_full |
Development Committee Closing Press Conference |
| title_fullStr |
Development Committee Closing Press Conference |
| title_full_unstemmed |
Development Committee Closing Press Conference |
| title_sort |
development committee closing press conference |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/02/25870779/development-committee-closing-press-conference-jim-yong-kim-christine-lagarde-marek-belka http://hdl.handle.net/10986/24345 |
| _version_ |
1764456435337396224 |