The End of the Third World? : Modernizing Multilateralism for a Multipolar World

The End of the Third World? : Modernizing Multilateralism for a Multipolar World

Robert B. Zoellick, President of the World Bank Group, spoke on the theme that we are now in a new, fast-evolving multipolar world economy in which outdated classifications no longer fit. He discussed these topics: (i) the end of the third world; (ii) multilateralism matters; (iii) new sources of de...

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Bibliographic Details
Main Author: Zoellick, Robert B.
Format: Speech
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
PURCHASING POWER PARITY TERM; FREEDOM OF INFORMATION LAW; SMALL AND MEDIUM SIZE ENTERPRISE; CONDITIONAL CASH TRANSFER PROGRAM; INFORMATION AND COMMUNICATION TECHNOLOGY; EFFICIENT USE OF RESOURCE; GLOBAL ECONOMY; MULTILATERAL INSTITUTION; INTEREST RATE RISK; WORLD ECONOMY; EARLY CHILDHOOD DEVELOPMENT; SOVEREIGN WEALTH FUND; PATTERNS OF INTEGRATION; PUBLIC SECTOR INFRASTRUCTURE; GLOBAL ECONOMIC CRISIS; DOMESTIC POLITICAL CONSTRAINT; CLIMATE CHANGE POLICY; CAPACITY OF INDIVIDUAL; CLEAN ENERGY TECHNOLOGY; INCREASE ENERGY EFFICIENCY; PRIVATE SECTOR GROWTH; ACCESS TO ELECTRICITY; AGRICULTURAL VALUE CHAIN; DEMAND FOR IMPORT; SOURCE CAPITAL; LACK OF COMMITMENT; EFFECTIVE SAFETY NETS; LAND USE POLICY; GLOBAL MARKET; MUTUAL INTEREST; INTERNATIONAL COOPERATION; PROPERTY RIGHT; CONSUMER GOOD; CONSUMER GOODS; NARROW INTEREST; TECTONIC PLATE; MIDDLE CLASS; FOREIGN EXCHANGE; INTERNATIONAL SYSTEMS; DECENTRALIZATION MODEL; OPEN ACCESS; CREATING OPPORTUNITY; STRATEGIC FOCUS; CORRUPT INDIVIDUALS; CAPITAL INVESTMENTS; FINANCIAL RESOURCE; CAPITAL INCREASE; INDUSTRIAL ZONE; CURRENCY BORROWING; AFRICAN CHILDREN; BINARY CHOICE; GLOBAL ENVIRONMENT; POWER RELATIONSHIP; CLEANER ENERGY; FINANCIAL INNOVATION; WORLD OUTPUT; ENERGY SECURITY; TRANSITION COUNTRY; BASIC TECHNOLOGY; HYDRO ELECTRICITY; STOCK MARKET; TRANSITION COUNTRIES; MANUFACTURING JOBS; IMPORT DEMAND; CONSTRUCTION ENTERPRISE; SMALLER ONE; DOMESTIC PRODUCTION; EMERGING ECONOMY; PRODUCTIVE INVESTMENT; HIGH DEBT; CAPITAL GOOD; CURRENCY SWAP; LARGEST MARKETS; FINANCIAL REFORM; FINANCIAL REGULATION; FAULT LINE; SUPERVISORY STANDARD; SUPERVISORY FRAMEWORK; PRIVATE MARKET; SYSTEMIC RISK; IMPORT VOLUME; FINANCIAL FLOW; FINANCIAL SECTOR; TRANSACTION COST; ASSET PRICE; UNINTENDED CONSEQUENCE; FINANCIAL SERVICE; EXPENSIVE ITEM; WORLD TRADE; VOICE SERVICE; EQUITY FUND; DISTRIBUTION NETWORK; LIVING STANDARD; LOCAL MANUFACTURERS; LOCAL MARKET; OFFICIAL RESERVE; GOVERNMENTAL AUTHORITY; MULTILATERAL SYSTEM; COMMON DESTINY; AFRICAN FARMER; INTEGRATED MARKET; GLOBAL LIQUIDITY; PUBLIC GOODS; CORPORATE SCORECARD; EMERGING ECONOMIES; FINANCIAL INTERMEDIATION; BUSINESS OPPORTUNITY; GRAIN PRICE; INFORMATION BARRIERS; EFFICIENCY GAIN; WEATHER DERIVATIVE; TIDAL WAVE; ASIAN CRISIS; POWER SOURCES; CLEAN ENVIRONMENT; LIVESTOCK INSURANCE; CATASTROPHE INSURANCE; FINANCIAL SYSTEM; MUTUAL BENEFITS; INTERNATIONAL POLITICS; INTERNATIONAL ISSUES
MULTILATERAL SYSTEM
GLOBAL ECONOMY
MULTILATERAL INSTITUTION
SOVEREIGN WEALTH FUND
GROWTH POLES
INTERNATIONAL COOPERATION
CORRUPTION
CAPITAL INVESTMENT
FINANCIAL REFORM
CURRENCY SWAPS
RISK MANAGEMENT
CLIMATE CHANGE
CLEAN GROWTH
HYDROPOWER
CRISIS MANAGEMENT
GEOPOLITICS
MULTIPOLAR ECONOMY
ACCOUNTABILITY
REPRESENTATIVE INSTITUTIONS
LEGITIMACY
INFORMATION BARRIERS
OPEN ACCESS
ACCESS TO INFORMATION POLICY
OPEN DATA
LEAGUE OF NETWORKS
Online Access:http://documents.worldbank.org/curated/en/535001521621952910/The-end-of-the-third-world-modernizing-multilateralism-for-a-multipolar-world-by-Robert-B-Zoellick-President-World-Bank-Group
http://hdl.handle.net/10986/29639
Description
Summary:Robert B. Zoellick, President of the World Bank Group, spoke on the theme that we are now in a new, fast-evolving multipolar world economy in which outdated classifications no longer fit. He discussed these topics: (i) the end of the third world; (ii) multilateralism matters; (iii) new sources of demand; (iv) new poles of growth; (v) Africa as a potential pole of growth; (vi) economic shifts mean potential power shifts; (vii) the danger of geo-politics as usual; (viii) financial reform; (ix) climate change; (x) managing for crisis response; (xi) new role for rising powers; (xii) what does this changing world mean for development?; (xiii) modernizing multilateral institutions; (xiv) reforming to become more representative and legitimate; and (xv) reforming by adding resources; and (xvi) reforming to become more effective, innovative, and accountable. We need a League of Networks.

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