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.
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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.
Fixing food finance to heal the planet
The performance of the global food system over the last century has been extraordinary. 
, 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.
Could investment in taps and toilets be the key to unlocking developing economies?
*This piece was originally published by the Financial Times as part of its Partner Content.
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.
Changing the Narrative – Trade is Part of the Solution to Climate Change
Climate discussions often focus on trade as a contributor to global warming. But with the right
Kitabi Tea Processing Facility in Kitabi, Rwanda
policies to encourage cleaner production and trade in climate-friendly goods and services, it can be part of the solution. Join us for a discussion on expanding this positive role in facilitating climate change mitigation and adaptation. Panelists will discuss how policymakers from low- and middle-income countries can help shape trade to address climate change policy, including potential areas for collaboration and partnerships, as well as ideas for capacity-building and technical assistance.
Netherlands for the World Bank 
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