Belka, Marek.
Development Committee Closing Press Conference Marek Belka. [electronic resource] / Marek Belka. - Washington, D.C. : The World Bank, 2013. - 1 online resource (1 p.) - Speeches of World Bank Presidents . - Speeches of World Bank Presidents World Bank e-Library. .
Jim Yong Kim (President of the World Bank Group), Christine Lagarde (Managing Director of the International Monetary Fund), and Marek Belka (Chairman of the Development Committee) made opening statements. Belka emphasized that the twin goals of ending extreme poverty and promoting shared prosperity must be pursued in a sustainable manner. Over the past six months, we have witnessed intensive consultations and analysis designed to put the flesh on the bones--to work out a detailed strategy by which the Bank Group will set out to translate the goals into operational programs with its borrowing member countries. Kim highlighted one major shift in the strategy-leveraging IDA to increase investment in fragile states. Lagarde focused on growth in Sub-Saharan Africa, including increased technical assistance. Replenishment of the Poverty Reduction and Growth Trust fund has passed the 90 percent threshold. Media raised questions on emerging markets, the Mexican economy, global growth, tapering, unconventional monetary policy, U.S. growth.
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Access to Finance
Business Environment
Capital
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Credit
Currencies and Exchange Rates
Debt
Debt Markets
Default
Developing Countries
Economy
Emerging Markets
Finance
Finance and Financial Sector Development
Fiscal Policy
Global Economy
Governance
Interest Rates
International Governmental Organizations
Low-Income Countries
Monetary Policy
Poverty
Private Sector Development
Savings
Sovereign Debt
Technical Assistance
Women
Development Committee Closing Press Conference Marek Belka. [electronic resource] / Marek Belka. - Washington, D.C. : The World Bank, 2013. - 1 online resource (1 p.) - Speeches of World Bank Presidents . - Speeches of World Bank Presidents World Bank e-Library. .
Jim Yong Kim (President of the World Bank Group), Christine Lagarde (Managing Director of the International Monetary Fund), and Marek Belka (Chairman of the Development Committee) made opening statements. Belka emphasized that the twin goals of ending extreme poverty and promoting shared prosperity must be pursued in a sustainable manner. Over the past six months, we have witnessed intensive consultations and analysis designed to put the flesh on the bones--to work out a detailed strategy by which the Bank Group will set out to translate the goals into operational programs with its borrowing member countries. Kim highlighted one major shift in the strategy-leveraging IDA to increase investment in fragile states. Lagarde focused on growth in Sub-Saharan Africa, including increased technical assistance. Replenishment of the Poverty Reduction and Growth Trust fund has passed the 90 percent threshold. Media raised questions on emerging markets, the Mexican economy, global growth, tapering, unconventional monetary policy, U.S. growth.
10.1596/24345
Access to Finance
Business Environment
Capital
Capital Markets
Credit
Currencies and Exchange Rates
Debt
Debt Markets
Default
Developing Countries
Economy
Emerging Markets
Finance
Finance and Financial Sector Development
Fiscal Policy
Global Economy
Governance
Interest Rates
International Governmental Organizations
Low-Income Countries
Monetary Policy
Poverty
Private Sector Development
Savings
Sovereign Debt
Technical Assistance
Women