Ending the Pandemic: The Road to an Inclusive Recovery

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9d6b5b471827492035cdad3b5fcaace1bb8650ad49096b84bb64bbbfd45b00bcJoin us for the remainder of the week for more live events, including discussions on Making Climate Action Count and Trade to the Rescue. Join His Royal Highness, the Prince of Wales, Janet Yellen, Ngozi Okonjo-Iweala, and many other experts as we continue with our 2021 World Bank Group/IMF Annual Meetings. Visit World Bank Live to join in the conversation or watch our previous sessions – where you can see discussions on ending the pandemic and promoting growth in a time of crisis, watch the Civil Society Town Hall or take advantage of a host of other resources available on demand.    

 

 

2021 Annual Meetings Opening Press Conference  

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e33a07eaf7505b4f094dc0698ba9f3248bac9b2dea380c9637cc4c07e10af98fWorld Bank Group President David Malpass addressed the press and provided updates on the World Bank Group’s efforts to rapidly scale-up efforts to help countries acquire and deploy vaccines, talked about assisting countries in accelerating an end to the pandemic, and explored options for building a green, resilient, and inclusive recovery.

REPLAY

Ending the Pandemic: The Road to an Inclusive Recovery

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The Multilateral Leaders Task Force led by the heads of the IMF, World Bank, World Health Organization, and World Trade Organization convened to discuss accelerating global access to vaccines and finding ways to support an inclusive global recovery.

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SPEECH: Development in a Time of Upheaval

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In his September 30 speech, World Bank Group President David Malpass stressed that the poor are being left behind in a global tragedy of inequality. The speech, delivered in Khartoum, Sudan and titled “Development in a Time of Upheaval,” emphasized the need to focus on four key areas to promote sustainable growth and prosperity: achieving economic stability, leveraging the digital revolution, making development greener and more sustainable, and investing in people.

Related: Read Speech | Press Release

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Annual Meetings 2021! Tune in.

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The World Bank Group/IMF Annual Meetings run from October 11, 2021 through October 17, 2021 and feature events on: Growth in a Time of Crisis (Oct. 11); Ending the Pandemic (Oct. 12); Making Climate Action Count (Oct. 14); and Trade to the Rescue (Oct. 15). The meetings will also feature a Civil Society Town Hall (Oct. 12) and an Opening Press Conference (Oct. 13). Join us on World Bank Live to watch live events, view event recaps, ask questions, vote in polls, and have your voice heard! 

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At your service? Developing economies bet on service industries for growth

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Manufacturing has been the surest way for low- and middle-income economies to reduce poverty and create good jobs. But developing nations have increasingly been redirecting their focus to the services sector to catch up with their developed counterparts.

Will the shift work?

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Development in a Time of Upheaval: Speech by World Bank Group President David Malpass

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Ahead of the World Bank Group-IMF Annual Meetings, President Malpass delivers a speech in Khartoum, Sudan, entitled “Development in a Time of Upheaval. ” President Malpass will set out the major challenges and opportunities in building a resilient and inclusive recovery for all. He will look at the dynamics of recent global economic growth that have contributed to inequality and a reversal in development progress. President Malpass will also explore how to remove or confront obstacles to development such as high debt, high trade costs, and the diminished capacity of many middle-income countries following COVID-19.  

The speech will be followed by a moderated discussion.

The evolving labor market impacts of COVID-19 in developing countries

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Even a year and a half after lockdowns started to go into effect, it’s difficult to get a clear 9_20_women_in_front_of_a_computerpicture of the impact of the COVID-19 pandemic on the Global South. Face-to-face data collection has been suspended in most of the world due to health concerns, making it difficult to obtain reliable information. The little we do know, though, is very sobering.

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Fixing food finance to heal the planet

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The performance of the global food system over the last century has been extraordinary. fruit-stand4-price_heroFarmers, processors, traders, retailers and all the other agents in the food system have been able to feed a global population that has increased from 1.6 billion in 1900 to nearly 7.6 billion in 2020 , while at the same time bringing down real food prices. Over that period, all four dimensions of food security improved – availability, access, reliability and nutrient adequacy.

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Could investment in taps and toilets be the key to unlocking developing economies?

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*This piece was originally published by the Financial Times as part of its Partner Content.wateraid-hero_pic

Investing in universal access to water, sanitation and hygiene could yield massive economic gains over the next two decades – but mobilizing finance is not easy

Global leaders seeking a way to rebuild battered economies could hold the key to prosperity in their bathrooms. Among the many infrastructure investments that could help create prosperity in the years to come, one of the most potent – and overlooked – is universal access to taps and toilets. Research by Vivid Economics for international NGO WaterAid has shown that each dollar invested in water, sanitation and hygiene (WASH) could generate up to a $21 return. The analysis showed that giving every home a toilet connected to a safely managed sewerage or off-mains system could generate $86bn in wealth a year.

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