The global economy is experiencing an uneven recovery, with the risk that it will worsen 
inequality and leave low- and middle-income countries behind. The path of the COVID-19 pandemic remains uncertain, with obstacles to vaccination in many countries. Developing economies face challenges that could slow their recovery for years to come. To help, the World Bank Group has mounted the largest crisis response in its history, and it is uniquely positioned to help ensure that all countries can participate in a green, resilient, and inclusive return to stability and growth.
Tag Archives: COVID-19
Annual Meetings 2021: Civil Society Townhall with World Bank Group President David Malpass
How is the World Bank Group focusing on resilient recovery in the post-pandemic era? Every year during the Annual Meetings, the Civil Society Townhall provides an opportunity for civil society representatives to dialogue with the President and Bank leadership.
In the first virtual Civil Society Townhall held on October 12, World Bank Group President David Malpass will discuss the Bank’s efforts to protect human capital, address countries’ excessive debt burdens, and facilitate an inclusive, resilient recovery from COVID-19.
Ending the Pandemic: The Road to an Inclusive Recovery
Join 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
World 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
SUMMARY
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.
SPEECH: Development in a Time of Upheaval
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Annual Meetings 2021! Tune in.
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!
At your service? Developing economies bet on service industries for growth
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?
Development in a Time of Upheaval: Speech by World Bank Group President David Malpass
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
Even a year and a half after lockdowns started to go into effect, it’s difficult to get a clear 
picture 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.
Netherlands for the World Bank 
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