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Netherlands for the World Bank

Tag Archives: David Malpass

Unleashing the economic power of women

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By David Malpass, President World Bank Group
March 3, 2020

Girls are attending school in greater numbers than ever before, and women are girls-education-women-empowermentincreasingly entering the labor force and leading businesses. Although we should celebrate this progress, much work remains in order for a girl born today to have the same opportunities as a boy.

Research from the World Bank and others shows that unleashing the economic power of women can contribute to global growth.  Moreover, it is the right thing to do. Fortunately, more countries recognize that economies can reach their full potential only with the full participation of both women and men.

The World Bank Group is supporting countries in achieving this goal in important areas, including the removal of discriminatory laws, investment to close gender gaps, broadening access to finance, and stepping up efforts to prevent gender-based violence.

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Staying focused on better outcomes for the world’s poorest people

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Global growth remains subdued, with the pace of investment and trade softening, and DC_presdownside risks persisting due to policy uncertainty, trade tensions, financial volatility, and rising debt. The World Bank Group, in cooperation with the International Monetary Fund, can help emerging and low-income countries bolster potential growth, increase their resilience to shocks, boost domestic revenues, and continue building policy buffers. The two organizations have an important role to play in addressing the increase in debt vulnerabilities, and they can help countries meet a range of challenges to the international financial system, including tackling corruption.

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Good Outcomes through Growth: Paths to Development Success: World Bank Group President David Malpass Remarks at the Peterson Institute for International Economics

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World Bank Group President David Malpass Remarks at the Peterson Institute for indexInternational Economics Washington, DC, United States

Introduction

It’s good to be back at the Peterson Institute. I’m eager to hear your views on the challenging subjects of growth and development. It’s a timely discussion, given the many immediate challenges facing the world, including Brexit, negative interest rates, trade frictions, and rising poverty rates in many developing countries. There’s a range of development issues to tackle, including barriers facing the private sector, full inclusion of women, and severe problems in health, education, the environment and infrastructure, to name several.

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Remarks from World Bank Group President David Malpass at the G20 Leaders Summit, Osaka, Japan

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Thank you, Prime Minister Abe, for being such a gracious host. index

It is a great pleasure to be here during the new era of Reiwa, “Beautiful Harmony.” And it’s a true pleasure that the World Bank and Japan have maintained harmony since the early 1960s, notably when the World Bank made a loan to help fund the construction of the bullet train ahead of the 1964 Tokyo Olympics. I’ll ride that train tonight as I go to Tokyo. The bullet train and Japan’s many other advances enhanced connectivity and helped lead to Japan’s fast growth and its successful graduation from World Bank lending soon after the Olympics in 1966.

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World Bank’s Executive Directors Select David Malpass 13th President of the World Bank Group

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WASHINGTON, April 5, 2019 – The Executive Directors of the World Bank today indexunanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and leadership in recent months.

The Executive Directors followed the selection process agreed in 2011. The process included an open, transparent nomination where any national of the Bank’s membership could be proposed by any Executive Director or Governor through an Executive Director. This was then followed by thorough due diligence and a comprehensive interview of Mr. Malpass by the Executive Directors.

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