Unconventional forms of international trade (such as counterpurchase, compensation deals and barter) have assumed rapidly growing importance, especially in many developing countries, as a consequence of the fall in commodity prices and the worsening of international debt problems since the oil...

The dispute between the proponents of the market-economy road to development for the countries of the Third World and the advocates of the socialist road is an old one. Too often have the arguments been based on ideology rather than on facts. The recent publication by the World, Bank of...

World Bank Group President Jim Yong Kim discussed the priorities for the World Bank under his new leadership, including the immediate priority to help developing countries maintain growth and progress against poverty in these volatile economic times. The lesson of the last decade is that...

Jim Yong Kim, President of the World Bank Group discusses the opportunity to create a world free from the stain of poverty and economic exclusion. He states that the environmental challenge is a fundamental threat to economic development and the fight against poverty in the world. He believes...

Remarks delivered by Jim Yong Kim, President of the World Bank Group discuss the critical role of inclusive and sustainable industrialization in the future global development agenda, including to end extreme poverty by 2030. He speaks about working with UNIDO and the government of Ethiopia to...

Jim Yong Kim, President of the World Bank, discusses the goals of the World Bank Group, aligned to support the poor and the vulnerable, and to preserve our planet for future generations. He talks about the report "Poverty in a Rising Africa" that traces two decades of unprecedented economic...

Jim Yong Kim, President of the World Bank Group, spoke about the forces in the world that are making us fundamentally rethink the approach to development at the World Bank Group. He described three paths. The first path is to accelerate inclusive and sustainable economic growth, by laying the...

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...