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  • 101
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    Online Resource
    Remarks at China's 1+6 Roundtable with Premier Li Keqiang (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about the broad, rapid, and affordable access to Coronavirus (COVID-19) vaccines which will be at the core of a resilient economic recovery that lifts everyone. He mentioned that the World Bank Group's forty-year engagement with China has been mutually beneficial and continues to evolve. He thanked China for its large contribution to IDA19, which is particularly noteworthy given China's stage of development. He highlighted on the lending relationship with China which is also evolving steadily, with a strong focus on analytical and advisory services and strong engagement from the International Finance Corporation. He expressed that China's economy needs further reform to get the most benefit as it returns to sustained growth. China's Coronavirus (COVID-19) economic policy response has been weighted towards supporting firms and banks and encouraging public investment, in relative terms, while direct transfers to households have been limited. Greening of China's growth going forward should form a core objective of the fourteenth five-year plan. Regarding progress on debt relief and transparency, he mentioned that private creditors have not been participating, leaving official bilateral creditors shouldering much of the burden
    DOI: 10.1596/34881
    URL: Deutschlandweit zugänglich
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  • 102
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    Remarks at the Climate Ambition Summit 2020 (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about the Climate change, poverty, and inequality-defining issues of our age. The global poor often suffer the most from climate events, including flooding, droughts and food insecurity. The World Bank Group is the biggest multilateral funder of climate investments in developing countries. Over the next five years, the Bank intends to go further, targeting thirty-five percent climate co-benefits on average across the World Bank Group. For IBRD and IDA, fifty percent of this climate finance will support adaptation and resilience. The Bank will support the Paris accord alignment by helping developing countries to achieve their NDCs, end their reliance on coal, and transition to lower-carbon, climate-resilient economies. He discussed the Coronavirus (COVID-19) response, targeting investment and policy financing that will help support a green, inclusive and resilient recovery. We cannot succeed in helping countries reduce poverty without rising to the challenges of climate change
    DOI: 10.1596/34933
    URL: Deutschlandweit zugänglich
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  • 103
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    Remarks to G20 Leaders' Virtual Summit (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass explained the World Bank Group's work to take broad swift action to respond to the coronavirus pandemic. He spoke about finalizing an additional package that will focus on the broader economic consequences. He was concerned about the poor and densely populated countries like India and how the Bank is working hard to provide support through Bank's public and private sector tools. He highlighted the role of private sector support which is critical. He mentioned the Bank working closely with the IMF and WHO, among others, to determine needs assessments of client countries. He also highlighted the importance of addressing debt vulnerabilities as this crisis will hit hardest poor countries that have high levels of indebtedness. He spoke about how the Bank urged many of the G20 leaders and other official bilateral creditors to suspend debt payments due from IDA countries, effective immediately to determine what kind of debt relief or restructuring is needed. He concluded by saying that the World Bank Group and the IMF are working quickly to flesh out an approach for debt relief for poorer countries
    DOI: 10.1596/33522
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  • 104
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    Remarks at High-Level Event on Financing for Development in the Era of COVID-19 and Beyond (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, World Bank Group President, spoke at the United Nations high-level event on financing for development in the era of Coronavirus (COVID-19) and Beyond. He spoke about two institutions, the IMF and World Bank working closely together on financial and economic challenges, including and especially those affecting the world's poor. He highlighted on the announcement of milestone by IMF and World Bank Group that emergency health operations approved and up and running in over hundred developing countries. He described the new support programs that, in following weeks, will help developing countries overcome the pandemic and reclaim focus on growth and sustainable development. He invited the participants of the UN event to join the efforts with additional financing. He strongly welcomed the prompt support of the G20 countries for a suspension of debt service by all official bilateral creditors, which included G20 endorsement for comparable treatment by commercial creditors. He said that the World Bank Group is supporting countries that are participating in the moratorium. He welcomed President Xi Jinping's recent commitment to China's full participation in the debt moratorium. He invited commercial creditors to agree on terms of reference to encourage their participation, especially given the focus of the initiative on debt relief for the IDA countries, the world's poorest. He mentioned that the UN's call for Multilateral Development Bank debt suspension would be harmful to the world's poorest countries. He spoke about the recent mischaracterizations by parts of the UN regarding the World Bank Group's involvement as an observer to Egypt, Ethiopia, and Sudan's negotiations regarding the Grand Ethiopian Renaissance Dam. He concluded by saying that the World Bank Group now has available COVID-19 financing programs in over one hundred developing countries, and invited use of those pathways to expand the financing of the health emergency and expand the response so that we can meet the full brunt of the crisis in the world's poorest countries
    DOI: 10.1596/34490
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  • 105
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    Remarks at the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, spoke about the Coronavirus (COVID-19) pandemic that has underscored the deep connections between economic systems, human health, and global well-being. Ccountries now have a chance to set themselves on a greener, smarter, and more equitable development path. It is critical that countries work toward their climate and environmental goals. As countries find themselves saddled with rising debt, there is also an opportunity now to reform harmful subsidies from agriculture and fisheries to fossil fuels. Subsidy reform can provide a triple dividend by making the economic recovery fiscally sound, environmentally sustainable, and resilient to future shocks. The World Bank Group remains the largest multilateral funder of climate investments in developing countries. The World Bank Group helps countries put an economic value on biodiversity including forests, land, and water resources so they can better manage these natural assets
    DOI: 10.1596/34628
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  • 106
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    Remarks at the UN General Assembly High-Level Event on Financing for Development (2020)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass provided an update on the World Bank's development finance actions during this part of the pandemic. He spoke about the first goal in the Coronavirus (COVID-19) response was for the World Bank to take broad, fast action early and to provide large net positive flows to the world's poorest countries. He mentioned that together with the IMF, and the World Bank Group (WBG) are making progress on debt transparency and relief. He described the IMF and WBG working to extend and broaden the debt moratorium and lay the foundations for debt reduction and would welcome the UN's vocal support for full participation by all official bilateral creditors, including national policy banks. He also spoke about IMF and WBG working to expand fast-track Coronavirus (COVID-19) programs to include financing for the purchase and distribution of vaccines. He cautioned that the countries will also need to prepare for a different economy post-COVID, by allowing capital, labor, skills and innovation to move into new businesses and sectors. He concluded by saying that If we take action early with the large creative programs and sources of financing, we can help countries as the IMF Managing Director puts it, build forward a better and stronger, a greener, smarter and more equitable economy
    DOI: 10.1596/34560
    URL: Deutschlandweit zugänglich
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  • 107
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    Speech at the 2020 Annual Meetings Plenary (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, spoke about what the World Bank Group has accomplished since last year's Annual Meetings, particularly the response to COVID-19 and progress made on debt transparency. The COVID-19 pandemic's toll has been enormous, and people in the poorest countries are likely to suffer the longest and hardest. In response, the approach at the World Bank Group has been comprehensive, focused on saving lives, protecting the poor and vulnerable, working toward sustainable business growth, and rebuilding in better ways. He touched on the four most urgent aspects of this work: 1) poverty and inequality; 2) human capital; 3) debt burdens; and 4) fostering an inclusive and resilient recovery. The scale of the challenges ahead is staggering. IDA-19's three-year envelope of USD82 billion will not be nearly enough to meet the needs of the world's poorest countries at this desperate time. IDA has taken broad and fast action to frontload IDA-19 resources and provide surge financing this year to support the initial efforts to address the economic and health impacts of COVID. A USD25 billion supplemental COVID emergency financing package will avert a "financing cliff" in FY22-23 and make available additional resources to IDA countries to support their recoveries
    DOI: 10.1596/34629
    URL: Deutschlandweit zugänglich
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  • 108
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    Remarks at the G20 Finance Ministers and Central Bank Governors Meeting (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about the recession in advanced economies that is less severe than had been feared, but in most developing economies, it has become a depression, especially for the poorest. The World Bank Group was able to launch health emergency programs in one hundred and eleven countries and begin a surge in their grants and highly concessional lending that will reach the limits of our capital structure and commitment authority. The goals for debt relief in the Spring meetings were fiscal savings for the poorest countries, greater debt transparency, and a path forward for countries in debt distress. He insisted that it's important to note that the Debt Service Suspension Initiative (DSSI) defers payments into the future but doesn't reduce them. The World Bank Group Board approved a package of up to twelve billion US dollars to expand the fast-track Coronavirus (COVID-19) response for the purchase and distribution of Coronavirus (COVID-19) vaccines, tests and treatments. He will propose to IDA Deputies later this month creating a twenty-five billion US dollars supplemental COVID Emergency Financing Package. He concluded that even in the midst of a once-in-a-century crisis, he has confidence that sustainable solutions will emerge, in part by embracing constructive change
    DOI: 10.1596/34641
    URL: Deutschlandweit zugänglich
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  • 109
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    Remarks to the World Food Programme Executive Board (2020)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: World Bank Group President David Malpass spoke about how in its first year, the Coronavirus (COVID-19) pandemic is pushing one hundred fifty million people into extreme poverty, ending two decades of steady progress on poverty reduction. Coronavirus (COVID-19) has altered every aspect of commercial activity and trade, shrinking gross domestic products (GDP), fueling a debt crisis and triggering severe food crises. He cautioned about the long-standing problems in the global food system, and how World Food Programme (WFP) and Food and Agriculture Organization (FAO) has estimated that the number of people facing acute food insecurity will double to two hundred sixty-five million people in 2020. He spoke about working along with IMF on effective approaches for debt reduction and debt resolution to address low income countries' unsustainable debt burdens. He highlighted on establishing a fast-track Coronavirus (COVID) response that has delivered emergency support to one hundred twelve countries so far. He explained that in response to the global food security crisis, the World Bank Group has significantly stepped up investments to strengthen food security in client countries
    DOI: 10.1596/34879
    URL: Deutschlandweit zugänglich
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  • 110
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    Driving Growth from the Ground Up (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, spoke about the urgency of growth in developing countries. He discussed innovations in digital financial services that provide secure systems to allow poor people to electronically receive remittances, foreign aid, and social safety-net payments as well as their earnings. He cautioned about the slow global growth, and it's paramount that countries carry out well-designed structural reforms to ignite domestic growth. He highlighted on the importance of a clear analysis and understanding of a country's laws and regulations and a path of reforms or catalytic investments that will expand the private sector. Finally, he concluded by saying that World Bank Group won't give up on its main goal of reducing extreme poverty
    DOI: 10.1596/33349
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  • 111
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    Opening Remarks at the 2019 Annual Meetings Opening Press Conference (2019)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, highlighted the urgent priorities for discussion with shareholders. Global growth is slowing. Investment is sluggish, manufacturing activity is soft, and trade is weakening. The challenges of climate change and fragility are making poor countries more vulnerable. This backdrop makes our goals of reducing extreme poverty and boosting shared prosperity even harder. He suggested that with the right mix of policies and structural reforms, countries can unleash growth that's broadly shared across all segments of society. He spoke about how the Bank is helping countries build strong programs tailored to the unique circumstances of their economies. He highlighted the importance of education. He mentioned the proposed IDA replenishment, and reaffirmed commitment to projects on climate and on gender inclusion. In conclusion, he said that the well-designed structural reforms are needed to unlock growth and build the foundations for future prosperity
    DOI: 10.1596/33351
    URL: Deutschlandweit zugänglich
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  • 112
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    Remarks from World Bank Group President David Malpass at the G20 Leaders Summit (2019)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: These remarks were delivered by David Malpass, President of the World Bank Group, at the G20 Leaders Summit held in Osaka, Japan. He spoke about how giving women better access to economic opportunities is critical to eliminate differences in living standards between men and women. He highlighted We-Fi which is so important and how the Bank was proud to celebrate its two-year anniversary in Osaka. He spoke about the developing countries and the Bank's role in actively identifying changes in the private sector environment that will attract investment and enable higher living standards and better lives. He explained the Bank's work in fragile states, such as the Sahel and the Horn of Africa, to help countries build stronger foundations so that young people are more able to stay rather than seeking to immigrate. He discussed reducing inequality and realizing inclusive and sustainable growth around the world, and how addressing these requires jobs, education, healthcare, attention to the environment, and robust commerce and trade among neighbors and nations. He concluded by saying that the Bank would continue to work with all the nations on these challenges
    DOI: 10.1596/32343
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  • 113
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    Remarks at the 2019 UN High-Level Meeting on Universal Health Coverage (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, spoke about the importance of accelerating progress toward universal health coverage (UHC), which is critical in alleviating extreme poverty and boosting shared prosperity. He highlighted on the role of IDA in funding the low-income countries for healthcare. He stated that the IDA funding was not enough and estimated a financing gap to achieve UHC in fifty-four of the poorest countries. He proposed four priority areas to close that gap. He concluded by saying that the country leadership is critical to build a healthier, prosperous, promising future for their people
    DOI: 10.1596/32496
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  • 114
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    Remarks at the SDG Summit (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, addressed the challenges to reducing poverty and boosting shared prosperity. He mentioned Brexit, negative interest rates, trade frictions, global economic slowdown, sluggish investment, debt burdens, and lack of access to clean water, education, electricity, roads, and basic health care. The World Bank focuses on helping developing countries implement good policies. Many need a bolder agenda for boosting private sector growth. He noted that the problem of global poverty is urgent, so we need to act quickly, and work continually with everyone on these challenges
    DOI: 10.1596/33348
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  • 115
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    Remarks at Media Roundtable during Annual Meetings 2019 (2019)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, fielded questions from the media. He spoke about fundraising for the nineteenth replenishment of IDA. He explained the importance of debt transparency. He discussed the World Bank's role in Ukraine in terms of land reform, the reform of the financial system, reform of state-owned enterprises, reform of the of Ukraine's fiscal structure, and related issues. He discussed the Bank's work on climate change and the environment. He highlighted the sluggish growth of investment in developing countries, but with good policies, countries can find a way to go against the trend and improve their growth outlook. He commented on trade facilitation and trade integration in Africa. He cautioned about the slowness of world trade growth and its implications on developing countries
    DOI: 10.1596/33350
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  • 116
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    Discussion at the Center for Global Development (2019)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank, addressed the common challenge presented by slowing world growth. He remarked that governance issues are apparent around the world. On matters of debt, he emphasized dispute settlement, debt contract transparency, contract fairness, and facilitating better living standards. He noted that some countries' debt payments are in arrears
    DOI: 10.1596/33487
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  • 117
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    Remarks by World Bank Group President David Malpass on Bretton Woods 75th Anniversary (2019)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: David Malpass, President of the World Bank Group, commemorated the 75th anniversary of the 1944 conference held in Bretton Woods, New Hampshire which led to the creation of the World Bank. He spoke about key historical events and development challenges. He discussed the IDA19 replenishment and its importance to the Sahel. He noted the evolution of development policy and development finance, including highlights like the debt crisis, globally traded bonds, and Green Bonds. He mentioned advisory services and key reports produced by the Group
    DOI: 10.1596/32345
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