Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development
Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalat...
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/676651536588808694/Speech-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-Second-Roundtable-Session-on-New-Challenges-and-Solutions-for-the-World-s-Sustainable-Development http://hdl.handle.net/10986/31113 |
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okr-10986-311132021-05-25T09:17:54Z Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development Kim, Jim Yong EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES EMDEs INVESTMENT EXTREME POVERTY SHARED PROSPERITY INCLUSIVE GROWTH REGIONAL INTEGRATION TRADE SUSTAINABLE DEVELOPMENT GOALS BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY HUMAN CAPITAL Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats. 2019-01-07T20:33:56Z 2019-01-07T20:33:56Z 2017-09-12 Speech http://documents.worldbank.org/curated/en/676651536588808694/Speech-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-Second-Roundtable-Session-on-New-Challenges-and-Solutions-for-the-World-s-Sustainable-Development http://hdl.handle.net/10986/31113 English Delivered at Second "1+6" Roundtable, Beijing, September 12, 2017; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Speech |
| repository_type |
Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES EMDEs INVESTMENT EXTREME POVERTY SHARED PROSPERITY INCLUSIVE GROWTH REGIONAL INTEGRATION TRADE SUSTAINABLE DEVELOPMENT GOALS BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY HUMAN CAPITAL |
| spellingShingle |
EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES EMDEs INVESTMENT EXTREME POVERTY SHARED PROSPERITY INCLUSIVE GROWTH REGIONAL INTEGRATION TRADE SUSTAINABLE DEVELOPMENT GOALS BELT AND ROAD INITIATIVE TRANSPORT CONNECTIVITY HUMAN CAPITAL Kim, Jim Yong Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| relation |
Delivered at Second "1+6" Roundtable, Beijing, September 12, 2017; |
| description |
Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats. |
| format |
Speech |
| author |
Kim, Jim Yong |
| author_facet |
Kim, Jim Yong |
| author_sort |
Kim, Jim Yong |
| title |
Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| title_short |
Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| title_full |
Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| title_fullStr |
Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| title_full_unstemmed |
Speech at the Session on New Challenges and Solutions for the World’s Sustainable Development |
| title_sort |
speech at the session on new challenges and solutions for the world’s sustainable development |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/676651536588808694/Speech-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-Second-Roundtable-Session-on-New-Challenges-and-Solutions-for-the-World-s-Sustainable-Development http://hdl.handle.net/10986/31113 |
| _version_ |
1764471911881900032 |