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Over the years, there has been a lot to consider in the Federal Reserve's choices of monetary policy and their relationship to bubbles. My conclusion is that mistaken U.S. monetary policy, usually related to the Fed's indifference to the value of the dollar, has repeatedly caused harmful asset...
Persistent link: https://www.econbiz.de/10013083286
World Bank Group President David Malpass discussed how the World Bank Group can play a leading role in tackling climate change by bringing together all parties, by helping design the transitions, by quantifying the costs and benefits, by drawing in private sector investment to the bankable...
Persistent link: https://www.econbiz.de/10012700934
World Bank Group President David Malpass spoke about the world suffering from a dramatically uneven recovery, and inequality worsening across country groups. The highest priority is to secure access to vaccines and speed up shots in arms. He explained that the World Bank Group is working as hard...
Persistent link: https://www.econbiz.de/10012700935
World Bank Group President David Malpass discussed the Bank's new International Debt Statistics (IDS) report, published on Monday, showing the debt of low-income countries is 860 billion U.S. dollars, up 12 percent. Turning to vaccines, developing countries need 5 billion more doses to vaccinate...
Persistent link: https://www.econbiz.de/10012700936
World Bank Group President David Malpass discussed biodiversity and climate change being closely interlinked, with terrestrial and marine ecosystems serving as critically important carbon sinks. At the same time climate change acts as a direct driver of biodiversity and ecosystem services loss....
Persistent link: https://www.econbiz.de/10012700937
World Bank Group President David Malpass discussed a broad range of development issues, including the economic outlook, growth, vaccines, debt, climate, and trade. World Bank financing operations will be addressed at the annual meeting as well as our climate change action plan, which aims to...
Persistent link: https://www.econbiz.de/10012700938
Bank Group President David Malpass said that deep structural reforms are needed now more than ever to secure social cohesion and put the region on a sustainable and more inclusive development path. The World Bank Group has maintained a long-standing partnership with Central African Economic and...
Persistent link: https://www.econbiz.de/10012701265
David Malpass, President of the World Bank, remarked that the immediate priority for developing countries is widespread access to Coronavirus (COVID-19) vaccines that match their deployment programs. in response to the sharp increase in demand, the World Bank has increased financing for vaccines...
Persistent link: https://www.econbiz.de/10012701495
World Bank Group President David Malpass spoke about the Coronavirus (COVID-19) pandemic and the devastating economic losses. The World Bank Group is providing maximum support to developing economies to respond to the crisis, and working to help them recover in ways that will be sustainable,...
Persistent link: https://www.econbiz.de/10012701496
World Bank Group President David Malpass remarked that early in the pandemic, the World Bank Group set out to use aggressive financial programming and leverage to increase commitments as rapidly as possible. The World Bank group used a number of powerful financial programming and leveraging...
Persistent link: https://www.econbiz.de/10012701497