Making Trade an Engine of Growth for All
Jim Yong Kim, President of the World Bank Group, addressed the topic of trade as an engine of growth. Advanced markets are experiencing low growth and in emerging markets, growth rates have fallen by almost 1 percentage point since 2013. This is not just about numbers, the...
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/698511536642239784/Speech-by-Jim-Yong-Kim-at-the-IMF-WTO-World-Bank-Group-Event-Making-Trade-an-Engine-of-Growth-for-All http://hdl.handle.net/10986/31095 |
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okr-10986-310952021-09-16T11:36:34Z Making Trade an Engine of Growth for All Kim, Jim Yong GLOBAL TRADE MULTILATERALISM INTERNATIONAL TRADE RULES TRADE AND GROWTH TRADE POLICY REFORM PROTECTIONISM TRADE NEGOTIATIONS TRADE AGREEMENTS Jim Yong Kim, President of the World Bank Group, addressed the topic of trade as an engine of growth. Advanced markets are experiencing low growth and in emerging markets, growth rates have fallen by almost 1 percentage point since 2013. This is not just about numbers, these economic developments are limiting opportunities for billions of people around the world, and making it harder to achieve the goal of ending extreme poverty by 2030. One of the drivers of this low growth pattern is the decrease in trade growth. Global trade has slowed from an average yearly growth of 7 percent before the financial crisis to less than 3 percent today. Projections for 2016 indicate an even further slowdown. All this comes at a time when we need more cooperation, greater economic integration and stronger partnerships than ever before for the world economy to continue to grow in a sustainable way. We must respond with a push for lower trade costs, support for multilateral trade negotiations, resist protectionism, and support trade policy reform and greater global trade integration. 2019-01-03T19:59:43Z 2019-01-03T19:59:43Z 2016-10-07 Speech http://documents.worldbank.org/curated/en/698511536642239784/Speech-by-Jim-Yong-Kim-at-the-IMF-WTO-World-Bank-Group-Event-Making-Trade-an-Engine-of-Growth-for-All http://hdl.handle.net/10986/31095 English Speech at IMF-WTO-World Bank Group Event, October 7, 2016; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Speech |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
GLOBAL TRADE MULTILATERALISM INTERNATIONAL TRADE RULES TRADE AND GROWTH TRADE POLICY REFORM PROTECTIONISM TRADE NEGOTIATIONS TRADE AGREEMENTS |
| spellingShingle |
GLOBAL TRADE MULTILATERALISM INTERNATIONAL TRADE RULES TRADE AND GROWTH TRADE POLICY REFORM PROTECTIONISM TRADE NEGOTIATIONS TRADE AGREEMENTS Kim, Jim Yong Making Trade an Engine of Growth for All |
| relation |
Speech at IMF-WTO-World Bank Group Event, October 7, 2016; |
| description |
Jim Yong Kim, President of the World Bank Group, addressed the topic of trade as an engine of growth. Advanced markets are experiencing low growth and in emerging
markets, growth rates have fallen by almost 1 percentage
point since 2013. This is not just about numbers, these
economic developments are limiting opportunities for
billions of people around the world, and making it harder to
achieve the goal of ending extreme poverty by 2030. One of
the drivers of this low growth pattern is the decrease in
trade growth. Global trade has slowed from an average yearly
growth of 7 percent before the financial crisis to less than
3 percent today. Projections for 2016 indicate an even
further slowdown. All this comes at a time when we need more
cooperation, greater economic integration and stronger
partnerships than ever before for the world economy to
continue to grow in a sustainable way. We must respond with a push for lower trade costs, support for multilateral trade negotiations, resist protectionism, and support trade policy reform and greater global trade integration. |
| format |
Speech |
| author |
Kim, Jim Yong |
| author_facet |
Kim, Jim Yong |
| author_sort |
Kim, Jim Yong |
| title |
Making Trade an Engine of Growth for All |
| title_short |
Making Trade an Engine of Growth for All |
| title_full |
Making Trade an Engine of Growth for All |
| title_fullStr |
Making Trade an Engine of Growth for All |
| title_full_unstemmed |
Making Trade an Engine of Growth for All |
| title_sort |
making trade an engine of growth for all |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/698511536642239784/Speech-by-Jim-Yong-Kim-at-the-IMF-WTO-World-Bank-Group-Event-Making-Trade-an-Engine-of-Growth-for-All http://hdl.handle.net/10986/31095 |
| _version_ |
1764472081041326080 |