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  • 2005-2009  (12)
  • Zoellick, Robert B.  (12)
  • Washington, D.C : The World Bank  (12)
  • Cham : Springer International Publishing AG
  • Leiden : Brill
Datasource
Material
Language
Years
Year
Publisher
  • Washington, D.C : The World Bank  (12)
  • Cham : Springer International Publishing AG
  • Leiden : Brill
  • 1
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, recalled a moment in John Maynard Keynes life when he called for deeds that restore the public trust that governments are up to the challenge of the current crisis. What started in 2007 as a financial crisis quickly spiraled into an economic crisis, with estimates for 2009 for the first contraction of the global economy since World War II and the largest decline of trade in 80 years. Developing countries are being battered in successive waves as private capital flows slump sharply. These events could next become a social and human crisis, with political implications. Zoellick reviewed the difficulties for each region of the world. Unlike the 1930s, however, central banks have stepped in with creative solutions to keep credit flowing. But the challenge ahead requires a spirit of innovation backed by action. The World Bank Group's Board is considering a new proposal: the launch of a USD 50 billion Global Trade Liquidity Program. Zoellick called for the member of the G-20 to make multilateralism work and to empower the WTO, the IMF, and the World Bank Group to monitor national policies. Bringing sunlight to national decision-making would contribute to transparency, accountability, and consistency across national policies. It is time to institutionalize "early warning" systems to protect the poor from cuts in social programs during times of economic crisis. Modern multilateralism will require that rising economic powers have a larger say in how institutions such as the World Bank and the IMF are run
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  • 2
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, discussed Kuwait's vision of employing trade to link their economy to wider opportunities, deeper development, and greater growth. He urged the Arab leaders to support a Vulnerability Fund to assist developing countries that cannot afford bailouts and deficits. It should address three critical needs: safety net programs; infrastructure investment; and small- and medium-sized enterprises. He stressed that job creation is a long-standing challenge for the region. He believes the Arab World can play a bigger role at the global level to advance development partnerships and South-South cooperation and to fight climate change
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, remarked that the traumas of fragile states and the interconnections of globalization require our generation to recognize anew the nexus among economics, governance, and security. Most wars are now conflicts within states, and fragile states account for most of them. The "R" in IBRD has a new meaning: reconstructing Afghanistan, Cambodia, Cote d'Ivoire, Haiti, Iraq, Kosovo, Liberia, the Palestinian territories, the Solomon Islands, Southern Sudan, Timor-Leste, and other lands of conflict. One billion people live in fragile states. Zoellick provided ten priorities toward fragile states: 1) first, focus on building legitimacy of the state; 2) provide security; 3) building rule of law and legal order; 4) bolster local and national ownership; 5) ensure economic stability - as a foundation for growth and opportunity; 6) pay attention to the political economy; 7) crowd in the private sector; 8) coordinate across institutions and actors; 9) consider the regional context; 10) recognize the long-term commitment. He reviewed these principles in practice for Afghanistan, Haiti, and Liberia
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, addressed the following issues: seeds of crisis; the changing context; responsible globalization; the current role of the World Bank Group; the role of the World Bank Group in a new post-crisis World; and the reform agenda. He pointed to four aspects of Group's future role: development finance; delivering knowledge products; the global public goods agenda (such as climate change and communicable diseases); and unforeseen future crises. Reform efforts include: 1) improving development effectiveness with a focus on results, decentralization, gender, investment lending reform, and human resources; 2) promoting accountability and good governance, and 3) increasing cost efficiency. He noted the completion of recent enhancements to the voice and representation of developing and transition countries in the Bank Group. Bretton Woods is being overhauled before our eyes
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank Group, discussed the implications of the 2009 financial upheaval that is changing our world. He addressed the following: (i) what are the perceptions and realities of power after this crisis?; (ii) will the U.S. dollar remain the predominant reserve currency?; (iii) will democratic governments permit independent central banks to assume even more authority?; (iv) is the global trading system keeping up with the demands of the global economy?; and (v) what will be the role of developing countries after the crisis? He stressed the opportunity to craft a new system of "Responsible Globalization" allowing balanced growth, financial stability, countering climate change, and advancing opportunities for the poorest
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: The World Bank Group has sketched six strategic themes to alert us to necessities and opportunities as Fate hurries past. They focus our attention on new development solutions for the poorest countries; states facing breakdown or coming out of conflict; middle income countries, integrating public goods, such as climate change, into our work; opportunity in the Arab world; and continually upgrading our knowledge and learning.The challenge is to take practical steps, now, that require work and will, guided by a strategic outlook. What is more fundamental than seizing the opportunity of a changing global landscape? This is the challenge of economic statecraft
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  • 7
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, addresses these topics: (i) looking back -to see ahead; (ii) transformation in the global political economy; (iii) storm clouds over multilateralism and markets; (iv) a new multilateral network for a new global economy; (v) a new steering group; (vi) the WTO and the global trading system; (vii) energy and climate change; and (viii) fragile states
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  • 8
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, shared his vision of trying to support an inclusive and sustainable globalization. He explained the World Bank Group's six strategic directions: (i) Assisting the poorest countries, especially in Sub-Saharan Africa, to develop and grow; (ii) Addressing the post-conflict states and states facing breakdown; (iii) Integration of China , India , and the other middle-income countries in the international economic system; (iv) Address the global public goods agenda, such as global climate change and the environment, health issues that cross borders, Aid-for-Trade so that countries can take better advantage of open markets, and financial systems for development and stability; (v) Fostering development and opportunity in the Arab world; and (vi) Pursuing the agenda of knowledge and learning. He shared policy guidelines to help pursue policies to help all workers, through building skills, adapting to change, and paying attention on the special challenges of girls and women. Areas of cooperation include: hunger and malnutrition; the Better Work Initiative; the Youth Employment Network; child labor; migration; and microfinance
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Robert B. Zoellick, President the World Bank Group, addressed the Commencement about the theme of the challenge of globalization
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Robert B. Zoellick, President of the World Bank, discussed three critical needs: (i) meeting the immediate requirements of 20 of the most vulnerable countries; (ii) getting seeds, fertilizers, and inputs to those developing countries where smallholder farmers can expand production this season; and (iii) an removing export bans and restrictions
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  • 11
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: Robert B. Zoellick, President of the World Bank, discussed the following priorities: (i) understanding fragile states; (ii) building legitimacy of the state; (iii) security; (iv) rule of law and the legal order; (v) local and national ownership; (vi) economic stability, as a foundation for growth and opportunity; (vii) political economy; (viii) the private sector; (ix) coordination across institutions and actors; (x) the regional context; and (xi) long-term commitment. He concluded by talking about the strategic challenges that World Bank Group faces in modernizing multilateralism
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  • 12
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Robert B. Zoellick, President of the World Bank, addressed the challenges and opportunities for World Bank Group cooperation with the African Union. He discussed the following topics: (i) Millennium Development Goals have become critical for social development in Africa; (ii) growth and opportunity for Sub-Saharan Africa; (iii) natural resource development; (iv) post-conflict countries and those in fragile situations; and (v) the danger of high energy and food prices
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