TY  - BOOK
AU  - Belka,Marek
AU  - Belka,Marek
AU  - Kim,Jim Yong
AU  - Lagarde,Christine
TI  - Development Committee Closing Press Conference
T2  - Speeches of World Bank Presidents
PY  - 2013///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Access to Finance
KW  - Business Environment
KW  - Capital
KW  - Capital Markets
KW  - Credit
KW  - Currencies and Exchange Rates
KW  - Debt
KW  - Debt Markets
KW  - Default
KW  - Developing Countries
KW  - Economy
KW  - Emerging Markets
KW  - Finance
KW  - Finance and Financial Sector Development
KW  - Fiscal Policy
KW  - Global Economy
KW  - Governance
KW  - Interest Rates
KW  - International Governmental Organizations
KW  - Low-Income Countries
KW  - Monetary Policy
KW  - Poverty
KW  - Private Sector Development
KW  - Savings
KW  - Sovereign Debt
KW  - Technical Assistance
KW  - Women
N2  - 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
UR  - http://elibrary.worldbank.org/doi/book/10.1596/24345
ER  -