Robert B. Zoellick, President of the World Bank, addressed the following issues: seeds of crisis; the changing context; responsible globalization; the current role of the World Bank Group; the role of the World Bank Group in a new post-crisis World; and the reform agenda. He pointed to four...

Jim Yong Kim, President of the World Bank Group, discusses strategies to address inequality that even the poorest nations can adopt, whether through conditional cash transfers, connecting farmers to markets or rural electrification. The lesson is that inequality is not an unsolvable mystery....

The IMF Managing Director and the World Bank Group President held a Joint Press Conference on COVID-19. The IMF Managing Director spoke in detail about the potential direct and indirect impact of coronavirus on the global economy. She explained about how the IMF response to the epidemic will be....

Robert B. Zoellick, President of the World Bank Group, spoke about leaving behind the past and facing today's challenges squarely, constructively, and creatively. This is not the 1944 world that surrounded the creation of the Bank. Old models no longer fit current problems. The new "normal" will...

James D. Wolfensohn, President of the World Bank Group, reflected upon the Asian financial crisis. What lessons are there that need to be learned? How do you position the Asian crisis? What went wrong? It is very hard to generalize; there are problems in the banking sector, and the private...

These remarks were delivered by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine on April 21, 2022. He said that he has been deeply horrified and shocked by Russia's invasion of Ukraine, the atrocities committed...

These remarks were delivered by World Bank Group President David Malpass before the 2022 Annual Meetings on the Crisis Facing Development on September 28, 2022. He spoke in detail about the following topics: (i) Human consequence of overlapping crises; and (ii) Confronting unprecedented fiscal...

This report discusses the remarks delivered by World Bank Group President David Malpass at the Launch of IDA20 in Tokyo, Japan. Global growth is expected to slow sharply from 5.7 percent in 2021 to 2.9 percent in 2022, with further slowing likely as more countries fall into recession. In...