At this year’s World Bank Group-IMF Spring Meetings, management and shareholders
recommitted to the institution’s vision of a poverty-free world and pledged to explore new solutions to tackle an ever-present set of threats to development and the lives of the poor—from stress in the banking sector and persistent inflation to rising debt, Russia’s invasion of Ukraine, and the mounting dangers of climate change.
Tag Archives: David Malpass
A Conversation with Mohamed El-Erian
World Bank Group President David Malpass and President of Queens’ College, Cambridge University, Mohamed El-Erian will have a conversation about global macroeconomic trends and their effects on development.
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How can developing countries address rising interest rates, depreciating currencies, and stagnant growth? What can central banks and other financial institutions do to manage these crises? What are some possible innovative solutions to address them?
Join President Malpass and Dr. El-Erian as they discuss these issues and policy actions that governments can take.
The Way Forward is an occasional series of in-depth discussions on development challenges and innovative solutions, hosted by World Bank Group David Malpass.
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Despite the War, Ukraine Continues Providing Necessary Health Services to Patients
Nina, a middle-aged woman from Chernihiv, Ukraine, was experiencing shortness of breath
and could barely walk.
“I would walk two meters and didn’t have the strength anymore. Now, it’s easier to breathe,” says Nina.
Nina’s heart problems were appropriately diagnosed, and she received care at the Chernihiv Oblast Hospital in the fall of 2022.
COVID-19’s Impact on Young People Risks a Lost Generation
Pandemic Damaged Cognitive Development and Lifetime Earnings of Children and Youth, Jeopardizing the Well-being of Generations and Growth of Economies
WASHINGTON, Feb. 16, 2023 – The COVID-19 pandemic caused a massive collapse in human capital at critical moments in the life cycle, derailing development for millions of children and young people in low- and middle-income countries, according to the first analysis of global data on young people who were under the age of 25 at the onset of the pandemic.
Remarks by World Bank Group President David Malpass at the COP27 Climate Finance Event
Thank you, Prime Minister Madbouly, Dr. Shoukry for hosting this event on climate finance.
Developing countries are facing an economic crisis, heavy debt burdens, high inflation, and climate change. It is a crisis facing development itself.
Remarks by World Bank Group President David Malpass at the COP27 Climate Finance Event
Thank you, Prime Minister Madbouly, Dr. Shoukry for hosting this event on climate finance.
Developing countries are facing an economic crisis, heavy debt burdens, high inflation, and climate change. It is a crisis facing development itself.
Annual Meetings 2022: Development in Crisis
Increased poverty. Food shortages. Energy shocks. Debt crises. Climate change. Inflation. War.
The headlines are grim. And they set an unavoidable backdrop for this year’s Annual Meetings of the World Bank Group and the International Monetary Fund. The Meetings provided an opportunity to raise the alarm to these dangers—and discuss how to move forward to help the poor and vulnerable.
World Bank Live – Annual Meetings RECAP 2022
The 2022 IMF-World Bank Group Annual Meetings: Unity in a time of crises
As we prepare for the upcoming IMF-World Bank Group Annual meetings, the impacts of the
ongoing economic crisis continue to bear down on nearly all facets of the global economy – pushing more people into poverty and impacting lives and incomes around the world. The pandemic has forced roughly 70 million more people into extreme poverty and global median incomes declined for the first time since measurements began in 1990.
Further complicating these global development challenges are the effects of the high food, fuel, and fertilizer prices rippling through the supply chains of an interconnected world, creating global disruptions and battering incomes and livelihoods – especially among the poorest and most vulnerable populations around the globe.
The 2022 IMF-World Bank Group Annual Meetings: Unity in a time of crises
As we prepare for the upcoming IMF-World Bank Group Annual meetings, the impacts of the ongoing economic crisis continue to bear down on nearly all facets of the global economy – pushing more people into poverty and impacting lives and incomes around the world. The pandemic has forced roughly 70 million more people into extreme poverty and global median incomes declined for the first time since measurements began in 1990.
Further complicating these global development challenges are the effects of the high food, fuel, and fertilizer prices rippling through the supply chains of an interconnected world, creating global disruptions and battering incomes and livelihoods – especially among the poorest and most vulnerable populations around the globe.
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