Doing business with the World Bank Group

The Dutch Embassy in Washington D.C. and the Netherlands Enterprise Agency have doing businessorganized a webinar series ‘Doing business with the World Bank’. The series started with a kick-off on 6 October. Koen Davidse, Executive Director at the Constituency Office at the World Bank Group, and Jan de Boer, Advisor to the Executive Director, gave presentations on the topic. Central theme of the first webinar was the World Bank COVID-19 response and its impact on its operations.

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Laying the Foundations for a Resilient Recovery

The COVID-19 pandemic continues to devastate countries, overwhelming health systems, flagsdisrupting productivity, threatening food security, multiplying job losses, and reducing incomes, particularly for the poorest. It has led to the largest global economic contraction in eight decades, affecting all economies and causing investments, trade, and remittance flows to plummet. The global crisis is threatening the lives and livelihoods of the most vulnerable by increasing poverty, exacerbating inequalities, and damaging long-term economic growth prospects. It requires a comprehensive, robust global response from the development community.

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Strengthening central bank reserve management during a global crisis

Central banks impact our daily lives in many ways with their role to promote economic and capital-markets-banking-city-downtown-1440x600-002financial welfare of citizens, but their operations are even more critical during a crisis. The global challenges presented by the COVID-19 pandemic make the role of central banks crucial to maintaining economic and financial stability.  Central bank reserves provide an essential buffer against uncertain economic outcomes and help protect against economic shocks to promote trade, maintain price stability, and attract foreign investment. Effective reserve management supports the broader mission of central banks to set targets for unemployment, inflation, and interest rates to ensure a healthy economy with full employment and favorable conditions to promote investments and the conducting of business.

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How to follow @WorldBank #AMCS2020

Screenshot_2020-10-03 SplashWe’ve got you covered! Here’s a checklist that you can use to enhance your experience this year. So, start planning. Here are six ways to follow and engage with what our World Bank Group activities at the Annual Meetings have to offer.

Here’s a rundown of some of the events that we’ll be live streaming:

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Online: Annual Meeting Schedule

Even before the pandemic, we’ve got you covered with World Bank Live. It’s the World Bank’sScreenshot_2020-10-03 Splash digital platform for live-streaming and engaging with global audiences. Block out time now to watch our events live. You shouldn’t also miss our live show – your chance to put questions to experts live – and we’ll be talking to Country Directors who will explain the challenges their countries face and how the Bank’s work with partners on ground is making a difference to people in every region.

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2020 Annual Meetings

The coronavirus pandemic wreaked havoc around the world and dealt a major setback to WBLdecades of development outcomes.

Taking place fully virtually this year, the World Bank Group/IMF Annual Meetings will center around “Supporting a Resilient Recovery.” Leaders from government, business, international organizations and civil society along with a diverse group of experts, will discuss the path ahead for developing countries.

The Meetings will take place from October 12 to 18.

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Reversing the Inequality Pandemic: Speech by World Bank Group President David Malpass

World Bank Group President David Malpass: Speech at Frankfurt School of Finance and Management

Malpass-IMFYou can watch the replay of the event here

Introduction

Thank you, Jens. And thanks to Frankfurt School and the Bundesbank for hosting me virtually. I look forward to engaging with you and taking questions from students, who will be future business leaders in a post-COVID world. I’m here to set the stage ahead of the IMF and World Bank Group’s Annual Meetings, which will focus primarily on COVID and debt, and will also engage partners in urgent discussions on human capital, climate change, and digital development.

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