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  • Kim, Jim Yong  (91)
  • Demirguc-Kunt, Asli  (53)
  • Washington, D.C : The World Bank  (144)
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  • 1
    Online Resource
    Online Resource
    Government Support and Firm Performance during COVID-19 (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (31 pages)
    Parallel Title: Erscheint auch als Bruhn, Miriam Government Support and Firm Performance during COVID-19
    Keywords: Covid-19 ; Disease Control and Prevention ; Employment ; Government ; Health, Nutrition and Population ; Pandemic ; Private Sector Development ; Private Sector Economics ; Social Protections and Labor
    Abstract: This paper assesses the medium-run effects of government support to firms during the COVID-19 crisis and whether the effectiveness of this support varied with its timing. Using data from three rounds of the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys carried out between May 2020 and April 2022, it relates government support in Round 1 (received in the first half of 2020) and Round 2 (received during the second half of 2020 or early 2021) with firm performance in Round 3 (generally mid-2021). Controlling for a host of background characteristics, firms that received support in Round 1 performed better in terms of Round 3 sales, but only if they did not have continued support. Firms that also received support in Round 2 had similar Round 3 sales as those that received no support and were more likely to decrease employment. Firms that received government support only in Round 2 experienced no boost in Round 3 performance. The findings suggest that government support should be provided promptly, but it should also be phased out quickly
    DOI: 10.1596/1813-9450-10641
    URL: Deutschlandweit zugänglich
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  • 2
    Online Resource
    Online Resource
    Global Bank Lending under Climate Policy (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (35 pages)
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Global Bank Lending under Climate Policy
    Keywords: Carbon Emmision Reduction Policy ; Climate Change ; Climate Change Economics ; Climate Change Mitigation and Green House Gases ; Climate Change Policy and Regulation ; Climate Policy Index ; Environment ; Environmental Performance ; Foreign Subsidiary Banks ; Global Banks Environmental Performance ; Green Capital Investment ; Macroeconomics and Economic Growth ; Public Sector Development
    Abstract: What is the response of bank foreign subsidiaries to climate policy in their host countries This paper finds that global banks with high environmental performance increase their presence in countries after local authorities strengthen their climate-related actions. Through their foreign subsidiaries, these banks expand their credit by 4.6 percent following an increase of one-standard deviation in the host country's climate policy index. Importantly, the paper does not find evidence that banks with low environmental scores exit in response to climate initiatives. The findings show that strengthening climate policy might be a win-win strategy for policymakers in addition to addressing carbon emission reduction, climate-related initiatives also appear to attract foreign capital from lenders with strong preferences for green assets
    DOI: 10.1596/1813-9450-10266
    URL: lizenzpflichtig
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  • 3
    Online Resource
    Online Resource
    The Global Findex Database 2021 : Financial inclusion, digital payments, and resilience in the age of covid-19 (2022)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464818974
    Language: English
    Pages: 1 Online-Ressource (202 pages)
    Parallel Title: Erscheint auch als
    Abstract: The fourth edition of Global Findex--the world's most comprehensive database on financial inclusion--offers a lens into how people accessed and used financial services during COVID-19, when mobility restrictions and health policies drove increased demand for digital services of all kinds. Published every three years since 2011, Findex is the only global demand-side data source allowing for global and regional cross-country analysis to provide a rigorous and multidimensional picture of how adults save, borrow, make payments, and manage financial risks. Findex 2021 data were collected from national representative surveys of about 130,000 adults in more than 120 economies. The latest edition includes new series measuring financial health and resilience and contains more granular data on digital payments adoption, including merchant and government payments. The Global Findex is an indispensable resource for financial service practitioners, policy makers, researchers, and development professionals--
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  • 4
    Online Resource
    Online Resource
    Protect Incomes or Protect Jobs? : The Role of Social Policies in Post-Pandemic Recovery (2022)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (40 pages)
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Protect Incomes or Protect Jobs? The Role of Social Policies in Post-Pandemic Recovery
    Keywords: Cash Transfers ; Economic Intervention Effectiveness ; Employment and Unemployment ; Job Protection Measures ; Job Retention ; Labor Market Policy ; Labor Markets ; Labor Policies ; Pandemic Stimulus Effectiveness ; Post-Pandemic Economic Recovery ; Social Protection ; Social Protections and Labor ; Unemployment Insurance
    Abstract: This paper examines the effectiveness of income protection and job protection policies for the post-pandemic economic recovery of the second half of 2020 through 2021. The paper is based on a new data set of the budgets of social protection programs implemented as a part of the pandemic stimulus package in 154 countries. The empirical analysis shows that, in the short run, higher expenditure on job protection measures is associated with more robust gross domestic product growth, increased employment, and decreased inactivity and poverty rates compared to the expansion of income protection programs. Both policies had a significant economic impact only in countries with weaker pre-pandemic social insurance systems. In countries with broader coverage of the social insurance system, the income and job protection programs appear to have had a limited impact on post-pandemic recovery. Because the structural economic changes induced by the pandemic are expected to materialize fully in several years, more research is needed to understand the longer-term effects of job protection and income protection policies on labor markets and economic recovery
    DOI: 10.1596/1813-9450-10166
    URL: lizenzpflichtig
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  • 5
    Online Resource
    Online Resource
    Effects of Public Sector Wages on Corruption : Wage Inequality Matters (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (41 pages)
    Parallel Title: Erscheint auch als Print Version: Demirguc-Kunt, Asli Effects of Public Sector Wages on Corruption: Wage Inequality Matters
    Abstract: The paper uses a new country-level, panel data set to study the effect of public sector wages on corruption. The results show that wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage inequality. In countries where public sector wages are highly unequal, however, raising the wages of government employees could increase corruption. These results are robust to a wide range of empirical model specifications, estimation methods, and distributional assumptions. The relation persists when controlling for latent omitted variables, using the share of contracts in the private sector as an instrument for the public-private wage differential. Combining increases in public sector wages with policies affecting the wage distribution could help policy makers design cost-effective programs to reduce corruption in their countries
    DOI: 10.1596/1813-9450-9643
    URL: Deutschlandweit zugänglich
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  • 6
    Online Resource
    Online Resource
    Banking Research in the Time of COVID-19 (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (84 pages)
    Parallel Title: Erscheint auch als Print Version: Berger, Allen N Banking Research in the Time of COVID-19
    Keywords: Bailouts ; Banking Sector ; Bankruptcy and Resolution of Financial Distress ; Business Cycles and Stabilization Policies ; Capital Markets and Capital Flows ; Coronavirus ; COVID-19 ; Disease Control and Prevention ; Finance and Financial Sector Development ; Financial Crises ; Financial Regulation and Supervision ; Global Financial Crisis ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Tarp
    Abstract: Despite the devastating worldwide human and economic tolls of the COVID-19 crisis, it has created some positive economic and financial surprises and opportunities for research. This paper highlights two such favorable surprises -the shortest U.S. recession on record and the avoidance of any banking crisis-and a number of research opportunities. The paper ties the "economic surprise" of the short recession to the speed and size of U.S. stimulus programs during COVID-19-faster and larger than for the Global Financial Crisis (GFC). It connects the "financial surprise" of the resilient banking sector to prudential policies put in place during and after the GFC that fortified U.S. banks prior to COVID-19. These twin "surprises" are also mutually reinforcing-if either the economy or banking system had failed, so would the other. The paper also reviews extant COVID-19 banking research and suggests paths for future research. It recommends that particular attention be paid to research outside of the U.S.-where fewer favorable "surprises" may be present-as the best way to advance knowledge in this area
    DOI: 10.1596/1813-9450-9782
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  • 7
    Online Resource
    Online Resource
    Competition and Firm Recovery Post-COVID-19 (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (42 pages)
    Parallel Title: Erscheint auch als Print Version: Bruhn, Miriam Competition and Firm Recovery Post-COVID-19
    Keywords: Business Cycles and Stabilization Policies ; Competitiveness and Competition Policy ; Coronavirus ; COVID-19 ; Creative Destruction ; Disease Control and Prevention ; Economic Recovery ; Enterprise Survey ; Firm Competition ; Government Support ; Health, Nutrition and Population ; Macroeconomics and Economic Growth ; Pandemic Response ; Private Sector Development ; Private Sector Economics ; Productivity
    Abstract: This paper examines the impact of the COVID-19 crisis on the reallocation of economic activity across firms, and whether this reallocation depends on the competition environment. The paper uses the World Bank's Enterprise Surveys COVID-19 Follow-up Surveys for about 8,000 firms in 23 emerging and developing countries in Europe and Central Asia, matched with 2019 Enterprise Surveys data. It finds that during the COVID-19 crisis, economic activity was reallocated toward firms with higher pre-crisis labor productivity. Countries with a strong competition environment experienced more reallocation from less productive to more productive firms than countries with a weak competition environment. The evidence also suggests that reallocation from low- to high-productivity firms during the COVID-19 crisis was stronger compared with pre-crisis times. Finally, the analysis shows that government support measures implemented in response to the crisis may have adverse effects on competition and productivity growth since support went to less productive and larger firms, regardless of their pre-crisis innovation
    DOI: 10.1596/1813-9450-9851
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  • 8
    Online Resource
    Online Resource
    The Global Findex Database 2017 : Measuring Financial Inclusion and the Fintech Revolution (2018)
    Washington, D.C : The World Bank
    Details
    ISBN: 9781464812682
    Language: English
    Pages: 1 Online-Ressource (148 pages)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: In 2011 the World Bank-with funding from the Bill and Melinda Gates Foundation-launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Incorporated, the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account-the unbanked-as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals.The database, the full text of the report, and the underlying country-level data for all figures-along with the questionnaire, the survey methodology, and other relevant materials-are available at www.worldbank.org/globalfindex
    DOI: 10.1596/978-1-4648-1259-0
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  • 9
    Online Resource
    Online Resource
    Remarks at the 2018 Annual Meetings Plenary (2018)
    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: Jim Yong Kim, President of the World Bank Group, discussed reducing poverty by using a three-pillar strategy. First, drive inclusive, sustainable economic growth by crowding in private sector investment, help countries manage debt levels, and harness the power of technology like FinTech. Second, build resilience to shocks and threats by taking urgent action on climate change, and help countries share the risks of disasters with the capital markets. Third, help countries invest more, and more effectively in their people to prepare for what is certain to be a more digitally-demanding future. He spoke in length about Human Capital Index
    DOI: 10.1596/31122
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  • 10
    Online Resource
    Online Resource
    Remarks at the Opening Press Conference at the 2018 Spring Meetings (2018)
    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: Jim Yong Kim, President of the World Bank Group, discussed a few items that are on the agenda for at these meetings. He launched the latest edition of our Global Findex financial inclusion database, which tracks how people use financial services. The World Bank Group is dedicated to ending poverty wherever it exists in client countries. He mentioned two specific initiatives to support that effort: first, a significant of new financial innovation; and second, to review all possible options to enhance IBRD and IFC's financial capacity and develop a package of measures for governors' consideration. He believes a good case for how a stronger World Bank Group can meet the aspirations of shareholders, respond to global challenges, mobilize capital at scale, and make the institution even more efficient and effective
    DOI: 10.1596/31120
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  • 11
    Online Resource
    Online Resource
    Rich and Poor : Opportunities and Challenges in an Age of Disruption (2018)
    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: Jim Yong Kim, President of the World Bank Group, spoke about how before 1800 everybody was poor and lived in poverty. He referred to the young people now who may not own a smart phone, but who have access to smart phones. By 2025, as many analysts are saying, the entire world will have access to broadband. He examined three ways to end extreme poverty, that is, people living under 1.90 US dollars a day, by 2030. First, focus on inclusive, sustainable economic growth. Second, focus on fostering resilience to pandemics, climate change, refugees, fragility, conflict, and violence. Third, invest more and more effectively in people
    DOI: 10.1596/31119
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  • 12
    Online Resource
    Online Resource
    Forty Years of Reform and Poverty Reduction : Remarks at the International Forum on China's Reform and Opening Up and Poverty Reduction (2018)
    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: Jim Yong Kim, President of the World Bank Group, spoke about the following: i) understand China's journey and get the historical record right; ii) understand China's past reforms, because they are important for future reforms; iii) understanding China's reforms is increasingly important for the rest of the world; iv) china's reform and opening up program, which was the foundation for the rapid growth that allowed people to lift themselves out of poverty; v) a focused and sustained effort targeted at poverty reduction throughout the reform period
    DOI: 10.1596/31123
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  • 13
    Online Resource
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    Remarks on Partnering to Address Severe Food Insecurity (2018)
    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: Jim Yong Kim, President of the World Bank Group, said that this is a fundamental moral issue. The fact that tens of millions of people are at risk of starving to death is a tragedy. And in the 21st century, the fact that we haven't ended famine is a collective failure of shameful proportions. It's also a critical economic issue. From a human capital standpoint, famines raise child mortality, increase stunting, and impair cognitive development for children in utero at the time of the famine and of the children who survive. First, early warning must translate into early action. Investing in more proactive responses to avert humanitarian crises could save millions of lives, and it can also reduce the costs to the international community by as much as 30 percent. Second, we need sustained collective action, before, during, and after crises. Third, we need to work to develop more comprehensive approaches to famine prevention, preparedness, and early action
    DOI: 10.1596/31109
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  • 14
    Online Resource
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    SME Finance (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (61 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ayyagari, Meghana SME Finance
    Abstract: This paper takes stock of the empirical evidence on the financing challenges faced by small and medium enterprises, especially in developing countries. The paper first discusses the institutional constraints that impede access to finance, including the lack of reliable credit information, lack of suitable collateral, and weak legal institutions. It next highlights firm heterogeneity among small and medium enterprises in accessing finance. The focus is on various policies and reforms that have been shown to be effective in improving access to credit for small and medium enterprises. The paper concludes by highlighting areas where new research could be effective
    DOI: 10.1596/1813-9450-8241
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  • 15
    Online Resource
    Online Resource
    Making It Easier to Apply for a Bank Account : A Study of the Indian Market (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (32 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Making It Easier to Apply for a Bank Account: A Study of the Indian Market
    Abstract: This paper draws on new individual-level survey data from India to study the costs of opening an account and the efficiency of the account application process. The data show a recent increase in account ownership, especially by women and poor adults. The data also suggest that India's flagship financial inclusion program, the Jan Dhan Yojana scheme, has made it easier to get an account, through lower costs and greater ease of applying. Yet despite the scheme's initial successes, people who wish to apply for an account continue to incur a range of costs. The survey results suggest several recommendations that could improve the account application process and increase ownership and usage of accounts
    DOI: 10.1596/1813-9450-8205
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 16
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    Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (27 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence
    Abstract: There is growing evidence that appropriate financial services have substantial benefits for consumers, especially women and poor adults. This paper provides an overview of financial inclusion around the world and reviews the recent empirical evidence on how the use of financial products-such as payments services, savings accounts, loans, and insurance-can contribute to inclusive growth and economic development. This paper also discusses some of the challenges to achieving greater financial inclusion and directions for future research
    DOI: 10.1596/1813-9450-8040
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  • 17
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    Measuring the Effectiveness of Service Delivery : Delivery of Government Provided Goods and Services in India (2017)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (55 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Measuring the Effectiveness of Service Delivery: Delivery of Government Provided Goods and Services in India
    Abstract: This paper uses new survey data to measure the government's capacity to deliver goods and services in a manner that includes: high coverage of the population; equal access; and high quality of service delivery. The paper finds variation in these indicators across and within Indian states. Overall: (i) access to government provided goods and services is low-about 60 percent of the surveyed population are unable to apply for goods and services they self-report needing; (ii) inequality in access is high-women and poor adults are more likely to report an inability to apply for goods and services they need; and (iii) less than a third of the respondents who did manage to apply for a government delivered good or service found the application process to be easy. Access can be improved by reducing application costs and processing times, simplifying the application process, and providing alternative channels to receive applications
    DOI: 10.1596/1813-9450-8207
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 18
    Online Resource
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    Speech at the 2017 Annual Meetings Plenary (2017)
    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: Jim Yong Kim, President of the World Bank Group, discussed the following topics: 1) actions needed to grow the economies and compete in what will be a more complex, demanding, and digitized future; 2) three ways to end extreme poverty by 2030, and boost shared prosperity among the poorest 40 percent around the world: a) accelerating inclusive, sustainable economic growth, b) building resilience to shocks and threats, and c) investing more and more effectively in people
    DOI: 10.1596/31116
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  • 19
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    After the Storm : Recovery and Resilience in the Caribbean (2017)
    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: At this high-level roundtable, Jim Yong Kim, President of the World Bank Group, suggested three actions at the outset. First, in the wake of disasters like Irma and Maria we should channel resources quickly, flexibly, efficiently, and ensure that they reach those most adversely affected. Second, we need to make sure that we use all existing instruments and knowledge to help build resilience. Third, we need to think creatively and come up with innovative solutions to compounded challenges of the Caribbean: high vulnerability, low growth, and high debt. This could include designing debt for resilience initiatives, mobilizing innovative risk financing tools to better manage fiscal risks related to disorders, and mobilizing private sector participation in working out solutions
    DOI: 10.1596/31105
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  • 20
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    Remarks at the National Press Club Headliners Luncheon (2017)
    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: Jim Yong Kim, President of the World Bank Group, discussed building new foundations of human solidarity, at a time when those foundations are questioned and even under attack. Peace and stability are critical to our efforts to grow economies and help people lift themselves out of poverty. He reviewed the work of the World Bank Group, especially over the past three decades, and outlined the pillars of the current strategy: accelerating inclusive, sustainable economic growth, building resilience to overlapping shocks and crises, and investing more and more effectively in people
    DOI: 10.1596/31117
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  • 21
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    Speech at the Session on New Challenges and Solutions for the World's Sustainable Development (2017)
    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: Jim Yong Kim, President of the World Bank Group (WBG), spoke about how the global economy as a whole is in a period of strengthening growth, and this momentum in growth is driven by global manufacturing activity and trade, broadly stable financing conditions, and stabilized commodity prices. Escalating trade protectionism in major economies threatens to derail the rebound in global trade. He explained the severe consequences, especially for emerging markets and developing economies (EMDEs) that rely on trade for growth and development. He insisted on the need to maximize financing for development by leveraging the private sector and optimizing the use of scarce public resources. He spoke about the development of the joint principles for crowding in private sector finance. Crowding in private finance should free up public funds to invest more in people. He concluded by saying that WBG can make the global market system work for everyone through sustainable development, including inclusive economic growth, investing in people, and building resilience to shocks and threats
    DOI: 10.1596/31113
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  • 22
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    Education for Growth and Prosperity (2017)
    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: Jim Yong Kim, President of the World Bank Group, explained that the MENA Concessional Financing Facility, an innovative approach to addressing the Syrian refugee crisis, has been re-envisioned as a Global Facility to address displacement crises in any middle-income country in the world. He spoke about the importance of education, as the key for economic growth, competitiveness, and social cohesion. It is also the foundation for innovation and development, and opens the way for lifelong opportunities, which are essential for long-term peace and stability. In our rapidly changing world, the nexus of business, government, and education will be critical to build thriving societies. Countries can channel policy, markets, and learning into growth and prosperity for their people
    DOI: 10.1596/31098
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  • 23
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    Rethinking Development Finance (2017)
    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: Jim Yong Kim, President of the World Bank Group, spoke about the forces in the world that are making us fundamentally rethink the approach to development at the World Bank Group. He described three paths. The first path is to accelerate inclusive and sustainable economic growth, by laying the foundations for more effective public services, by improving governance and tackling corruption, by accelerating infrastructure investment, by lowering real and perceived risks for private investment, by making trade work for everyone, and by creating markets to bring the benefits of private sector rigor and innovation to developing countries. The second path is to invest more, and more effectively in people; the premium on human capital will get higher and higher every year. The demands for digital competency are accelerating. Investing in human development must start early - by ensuring that pregnant women have access to prenatal healthcare, including the right nutrition; by preventing malnutrition in children, so they can develop properly; by ensuring access to quality health care for all; by providing education that prepares students for the jobs of the future; and by building social safety nets that meaningfully protect the poor. The third path is to foster resilience to global shocks and threats. We're living in a time of multiple overlapping crises: pandemics, climate change, refugees, famine. It is critically important to help countries prepare for these crises
    DOI: 10.1596/31099
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    Remarks at the High Level Meeting on Famine Response and Prevention (2017)
    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: Jim Yong Kim, President of the World Bank Group (WBG), spoke about how famine can affect children, their health, and their ability to learn and to earn a living, which can hinder development progress for a generation. He reported on the Famine Response Package. He noted important lessons learned through these interventions. First, expanding new partnerships is important to deliver in challenging environments. Second, flexibility is key to adapting to emerging needs. Third, with protracted and recurrent crises as the new normal, more has to be done to ensure that the information, systems, and processes to help countries cope are in place, and to find new solutions through innovative partnerships including the private sector
    DOI: 10.1596/31115
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    Remarks at World Bank Group-IMF 2017 Spring Meetings Opening Press Conference (2017)
    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: Jim Yong Kim, President of the World Bank Group, answered media questions at the 2017 Spring Meetings Press Conference 2017. He discuss the global economy. He mentioned that the bank faces several overlapping crises, both natural and man-made, all of which add urgency to the mission. He estimated that two-thirds of all jobs that currently exist in developing countries will be wiped out by automation. He seeks new and innovative ways to reach the poor, and make the world more secure and stable. He starts to address a problem by by asking whether the private sector can finance a project
    DOI: 10.1596/31110
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    Speech at the 2017 SHE-ERA Conference (2017)
    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: Jim Yong Kim, President of the World Bank Group, emphasized that the Group sees advancement of women as critical to achieving the ending of extreme poverty and boosting shared prosperity. He discussed the need to overcome constraints faced by women. He discussed a variety of World Bank Group projects helping women entrepreneurs as well as raising women's labor force participation and productivity
    DOI: 10.1596/31112
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    Remarks at the Belt and Road Forum for International Cooperation (2017)
    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: Jim Yong Kim, President of the World Bank Group, is inspired by Belt and Road Initiative, which will improve trade, infrastructure, investment, and people-to-people connectivity - not just across borders, but on a trans-continental scale. It has the potential to lower trade costs, increase competitiveness, improve infrastructure, and provide greater connectivity for Asia and its neighboring regions. To ensure the Belt and Road Initiative's success, we need to remember these things: First, because of the Initiative's sheer size, the estimated investment needs will be large. Second, individual countries are at different stages of development, with varying capabilities, constraints, and risk profiles. They will need support mechanisms to define and meet consistent, satisfactory standards. Third, the benefits of the Belt and Road Initiative are broader than one project or one country. Projects will require innovative financing mechanisms - a mix of public and concessional finance and commercial capital. Finally, our decades of experience with large infrastructure projects suggest that project preparation and appropriate risk allocation will be critical for success
    DOI: 10.1596/31111
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    Speech at the Session on China's Economy, Promoting Reforms in Major Areas, and Accelerating the Shift in Driving Forces for Development (2017)
    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: Jim Yong Kim, President of the World Bank Group (WBG), offered several strategic considerations for China. First, for the foreseeable future, removing distortions and accelerating diffusion will remain major sources of growth. Getting the basics right - structural reforms in key markets, further improving the broader business environment, ensuring fair competition, and investing in broad-based skills of the labor force - should help drive growth. Second, China should consider how to balance industrial policies with the notion of the third plenum, that the market should play a decisive role in resource allocation. Third, like other countries, China needs to prepare for how technological change will impact the labor force. He concluded by saying that China's leadership has been critical to promoting an open, competitive global economy
    DOI: 10.1596/31114
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    The Microfinance Business Model : Enduring Subsidy and Modest Profit (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (63 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Cull, Robert The Microfinance Business Model: Enduring Subsidy and Modest Profit
    Abstract: Recent evidence suggests only modest social and economic impacts of microfinance. Favorable cost-benefit ratios then depend on low costs. This paper uses proprietary data on 1,335 microfinance institutions between 2005 and 2009, jointly serving 80.1 million borrowers, to calculate the costs of microfinance and other elements of the microfinance business model. It calculates that on average, subsidies amounted to
    DOI: 10.1596/1813-9450-7786
    URL: Volltext  (Deutschlandweit zugänglich)
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    Saving for Old Age (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (43 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli Saving for Old Age
    Abstract: Countries around the world face a retirement crisis brought on by aging populations, declining birthrates, and fiscal shortfalls. As a result, policy makers increasingly seek to understand retirement savings patterns, a crucial component of the safety net for the elderly. Drawing on the 2014 Global Findex database, which provides individual-level data on the use of financial products in more than 140 countries, this paper examines how adults save for old age. It finds that about 25 percent of adults worldwide save for old age, with rates exceeding 35 percent in high-income Organisation for Economic Co-operation and Development economies and the East Asia and Pacific region. On average, men are slightly more likely than women to save for this purpose, but the gender gap is deeper in developing countries. Worldwide, saving for old age is more common among older adults, more educated adults, and adults who own accounts. Adults in countries with English legal origin, and with high savings rates, are also more likely to save for old age. The paper also finds that measures to increase trust in the financial system, such as the safety net/moral hazard index based on deposit insurance, lead to higher rates of saving for old age. Finally, the paper finds little evidence of substitution between pension system provisions and contribution rates with saving for old age
    DOI: 10.1596/1813-9450-7693
    URL: Volltext  (Deutschlandweit zugänglich)
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    How Does Long-Term Finance Affect Economic Volatility? (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (50 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli How Does Long-Term Finance Affect Economic Volatility?
    Abstract: This paper examines how the ability to access long-term debt affects firm-level growth volatility. The analysis finds that firms in industries with stronger preference to use long-term finance relative to short-term finance experience lower growth volatility in countries with better-developed financial systems, as these firms may benefit from reduced refinancing risk. Institutions that facilitate the availability of credit information and contract enforcement mitigate the refinancing risk and therefore growth volatility associated with short-term financing. Increased availability of long-term finance reduces growth volatility in crisis as well as non-crisis periods
    DOI: 10.1596/1813-9450-7535
    URL: Volltext  (Deutschlandweit zugänglich)
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    Address at the Sixth Tokyo International Conference on African Development Opening Session (2016)
    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: Jim Yong Kim, President of the World Bank, noted that African countries face key policy challenges including adjusting to a new era of low commodity prices, increasing economic vulnerabilities and the challenge of finding new sources of growth. He feels better at leveraging funds from development partners, stopping illicit financial flows and helping countries mobilize more money domestically. African countries can dramatically increase the flow of private capital to fund infrastructure projects. The World Bank Group is working with African countries and development partners to implement the African Climate business plan which is a comprehensive program and investments totaling USD 19.3 billion between 2016 and 2020. Ending stunting everywhere but especially here in Africa is an urgent mission. Universal health care is a critical element to achieve that. Kim called for massive investment, public and private, in infrastructure and universal health coverage for all of Africa
    DOI: 10.1596/30637
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    Addressing Large Movements of Refugees and Migrants (2016)
    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: Jim Yong Kim, President of the World Bank Group, stated that the World Bank Group is approaching the issue in four new ways. First, the Bank is responding to the realization that we need much better data and analysis about refugees, migrants, and internally displaced people. Second, with partners, the Bank is developing warning systems to anticipate where people will be moving. Third, the Bank is working during crises to help host countries improve the business climate and use the private sector as a driver to stimulate economic growth. Finally, the Bank is looking for longer-term solutions in many countries, including Afghanistan, Kenya, and Somalia, on issues ranging from increasing agricultural productivity in areas hosting refugees to helping refugees return to their countries. He urged a strengthen engagement with the United Nations, other multilateral development banks, the private sector, and civil society to address the needs of so many millions of displaced people
    DOI: 10.1596/30639
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    Remarks on Universal Health Coverage in Africa (2016)
    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: Jim Yong Kim, President of the World Bank, argues that investing in universal health coverage (UHC) is an investment in the future. He mentioned three: First, UHC confronts poverty head on by protecting people from major disease outbreaks and from catastrophic health expenses; Second, UHC accelerates inclusive growth; and Third, UHC stimulates the health sector and creates jobs. The Bank is working with partners to identify the best ways to scale up interventions to improve nutrition and early child development, and to eliminate childhood stunting. He welcomes the government of Japan's decision to support the annual production of the World Bank and World Health Organization global monitoring report on universal health coverage, with a strong focus on Africa
    DOI: 10.1596/30636
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    Statement at the High-Level Roundtable on Humanitarian Financing (2016)
    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: Jim Yong Kim , World Bank Group President, spoke about how United Nations and the World Bank Group have made significant progress in working together to help the poor and the vulnerable. He discussed increasing the impact of humanitarian action in the face of new threats, such as climate change, pandemics and an unprecedented refugee crisis. He suggested three ways in which the World Bank Group and all the multilateral development banks can work together, especially in protracted humanitarian responses: First, produce new data and evidence to promote a risk-based approach, prevent crises and respond to the needs of refugees and host countries; Second, embrace the power of leveraging public funds for greater impact; Third, explore tying this funding to specific outcomes in addressing protracted humanitarian crises
    DOI: 10.1596/30634
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    Development in a Time of Global Interdependence (2016)
    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: Jim Yong Kim, President of the World Bank Group, spoke about the complex and vexing challenges which the world faces today. He explained how the major issues that evolve in a developing country now swiftly move to affect developed countries. He discussed three points to tackle at the global level. First, address the challenge of global threats that cross boundaries and regions will become ever more central to achieving the mission to end extreme poverty. Second, focus much more effectively on managing risk and uncertainty. Third, much more must be done to address the deep pockets of poverty and rising inequality in countries at every income level
    DOI: 10.1596/31102
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    Remarks at the Fragility Forum 2016 (2016)
    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: Jim Yong Kim, President of the World Bank Group, discussed the vision of a world free of poverty by 2030, resolving to boost the prosperity of the bottom 40 percent of the population in developing countries. Addressing the root causes of conflict and insecurity is a core priority of the World Bank Group. He raised six questions and challenges. First, fragility is no longer mostly limited to low-income states. Second, weak states have great difficulty delivering services to their citizens. Third, development and humanitarian groups have long worked separately. Fourth, refugees are no longer largely living in camps. Fifth, we now know that we will not have enough ODA - official development assistance - to pay for helping communities and refugees. Sixth, we don't know enough about the refugees themselves
    DOI: 10.1596/31101
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    Remarks at the World Government Summit (2016)
    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: Jim Yong Kim, President of the World Bank Group, remarked that for more than 60 years, the World Bank Group has been working with governments in developing counties to reduce poverty and promote human dignity. Good governance is the foundation for all development. Delivering quality public services and creating conditions that encourage businesses to create jobs are fundamental to building opportunity and prosperity for all. The global landscape suggests that reaching these objectives won't be easy. Economic growth, the most powerful poverty reduction force the world has ever known, is slowing globally. Many emerging markets are suffering sharp reductions in growth because of declining demand from China and lower commodity prices. Warmer temperatures potentially linked to climate change made 2015 the hottest year in history; and the most powerful El Nino on record is affecting the lives and livelihoods of billions across the globe. Many parts of the world are becoming more fragile, making quality leadership and good governance ever more important
    DOI: 10.1596/31108
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    The World Bank Group's Mission - To End Extreme Poverty (2016)
    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: Jim Yong Kim, President of the World Bank Group, discusses strategies to address inequality that even the poorest nations can adopt, whether through conditional cash transfers, connecting farmers to markets or rural electrification. The lesson is that inequality is not an unsolvable mystery. Pro-equality policies are not luxury goods and can work in any country. Economic growth must be more robust and more inclusive and human capital investments have to grow in size and effectiveness
    DOI: 10.1596/30640
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    Learning from Bangladesh's Journey Toward Ending Poverty (2016)
    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: Jim Yong Kim, President of the World Bank Group, notes that Bangladesh offers us many lessons in ending extreme poverty, and one of the most important is that innovation plays a critical role. Bangladesh recognized decades ago that empowering women is essential to ending extreme poverty. Leaders arrived at the logical conclusion that countries can never reach their full economic potential if half the population is not fully participating. The World Bank Group is looking forward to working with Bangladesh to promote private sector investment by strengthening governance and improving the investment climate. Now, foreign direct investment is less than 1.7 percent of GDP in Bangladesh, far below that of most countries; foreign direct investment in Vietnam, for instance, was 6.1 percent of GDP. Strengthening governance will help lead to more jobs in infrastructure, diversify exports, and ensure the health and safety of workers. Bangladesh has shown the world that a long list of hardships can be overcome. In fact, its people have shown that innovation, commitment, setting goals, and visionary leadership can accomplish feats that few dared imagine. Bangladesh can continue to build on this record and can end extreme poverty by 2030 and boost shared prosperity
    DOI: 10.1596/31096
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    Fulfilling Iraq's Potential (2016)
    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: Jim Yong Kim, President of the World Bank Group, noted that even in the face of substantial challenges, democracy is taking root in Iraq. He believes that Iraq's success can bring stability and prosperity to hundreds of millions of people. He discussed three critical steps that Iraq must continue to build the foundations of an inclusive society. First, look beyond the traditional social, cultural, and geographic boundaries in Iraq. Empower all its regions, and give more capacity to local government, all the way to the municipal level. Second, Iraq needs to diversify its economy. Third, Iraq needs to put its economic house in order, reducing waste of precious resources, strengthening accountability, and undertaking important, necessary reforms. In the energy sector, for example, reforms must address subsidies which contribute to chronic and pervasive shortages of electricity. He concluded by saying that through war, violence and strife, the Iraqi people have shown the world the meaning of resistance, resilience, courage, and nobility
    DOI: 10.1596/31103
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    Remarks at the WBG-IMF Annual Meetings 2016 Climate Ministerial (2016)
    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: Jim Yong Kim, President of the World Bank Group, discussed briefly the history of the Paris climate agreement. Infrastructure investment expected over the next 15 years. Most of this will be in developing countries. Making sure these investments are low-carbon and climate-resilient will be important. He sees five big focus areas: 1) bake climate ambition into development planning; 2) ramp up energy efficient appliances while phasing down hydrofluorocarbons; 3) most urgently, slow down growth of coal-fired power plants; 4) make finance greener-assessing climate risks and opportunities; 5) accelerate action to reduce carbon emissions
    DOI: 10.1596/31097
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    Making Trade an Engine of Growth for All (2016)
    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: Jim Yong Kim, President of the World Bank Group, addressed the topic of trade as an engine of growth. Advanced markets are experiencing low growth and in emerging markets, growth rates have fallen by almost 1 percentage point since 2013. This is not just about numbers, these economic developments are limiting opportunities for billions of people around the world, and making it harder to achieve the goal of ending extreme poverty by 2030. One of the drivers of this low growth pattern is the decrease in trade growth. Global trade has slowed from an average yearly growth of 7 percent before the financial crisis to less than 3 percent today. Projections for 2016 indicate an even further slowdown. All this comes at a time when we need more cooperation, greater economic integration and stronger partnerships than ever before for the world economy to continue to grow in a sustainable way. We must respond with a push for lower trade costs, support for multilateral trade negotiations, resist protectionism, and support trade policy reform and greater global trade integration
    DOI: 10.1596/31095
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    Remarks at the Climate Action Summit 2016 (2016)
    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: Jim Yong Kim, President of the World Bank Group, discussed the need to tackle climate change. What we need to do now is build unprecedented political action to fulfill the promises. He mentioned that climate volatility in places like the Sahel in Africa contribute to instability and fragility. He noted how renewable energy is replacing coal. He outlined the main principles of a plan to transform the world's transport systems-calling it "sustainable mobility for all." He harkened the need for "fierce urgency of now"
    DOI: 10.1596/31100
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    New Approach to Economic Challenges (2016)
    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: Jim Yong Kim, President of the World Bank, spoke about economic challenges requiring a new approach. Growth forecasts are modest and risks are increasing. The reform agenda includes fiscal and monetary policies to support demand, more investment in infrastructure, further integration in the world economy, structural reforms in labor markets, the financial sector, and the business climate to better allocate resource, and investment in innovation systems to accelerate technical change. One key drivers of discontent is rising inequality. The productivity slowdown and rising inequality are related. The challenge is to create wealth with reasonably equal distribution to sustain the momentum for reform. This will require active labor market policies and retraining. We will need infrastructure that connects people. We need to invest more in people. Concessional finance can provide the leverage for these reforms. We need to commit to creating a world in which truly there is equality of opportunity
    DOI: 10.1596/30635
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    Speech at the World Bank Group Annual Meetings Plenary (2016)
    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: Jim Yong Kim, President of the World Bank Group, discussed the following topics: new structure of global practices; Swachh Bharat Rural Sanitation Project in India, which applied knowledge of good service delivery; creation of pandemic emergency financing facility; recently announced global concessional financing facility, a new effort to address refugee crises by providing concessional development financing for middle-income countries; and working towards ending poverty and boost shared prosperity
    DOI: 10.1596/31094
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    Tackling Corruption to Create a More Just and Prosperous World (2016)
    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: Jim Yong Kim, President of the World Bank Group, spoke about how corruption poses an enormous obstacle to economic and social development, and the global goal of ending extreme poverty by 2030. He defined corruption as stealing from the poor. The Bank that has zero tolerance for corruption, has opened itself to scrutiny, and is influencing governments and the private sector to take wide-ranging steps to prevent corruption. He gave few inputs on a new agenda that draws on citizens' demands for transparency and accountability, an agenda that draws on all partners and available tools as follows: First, we must continue to push for more information and greater transparency involving public funds; Second, we must use innovation and technology to drive change around the world. Third, we must do more to get citizens and the private sector involved; And finally, successful anti-corruption efforts must feature a broad coalition of leaders both inside and outside of government, working together. He saluted and strongly supported Prime Minister Cameron's call for a coordinated global effort to fight corruption
    DOI: 10.1596/30633
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    Remarks at the Second Investing in Africa Forum (2016)
    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: Jim Yong Kim, President of the World Bank, discussed the partnership to promote development, investment, and multilateral cooperation in Africa. There are ample opportunities to accelerate growth, productivity, and Africa's economic transformation. He pointed to four key things: first, close the large gap in infrastructure -- in roads, energy, water, sanitation, broadband, and transport; second, make agriculture more productive; third, improve the fundamentals needed to accelerate industrialization; and fourth, invest in people - in health and education - which is increasingly vital in the digital age. He believe the partnership will continue, and this relationship will help millions of people lift themselves out of poverty and realize opportunities for a better life
    DOI: 10.1596/30638
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    Remarks at the Early Childhood Development Event (2016)
    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: Jim Yong Kim, President of the World Bank Group, discussed early childhood development, which covers the physical, cognitive, linguistic, and socio-emotional development of children, starting before birth until they enter primary school
    DOI: 10.1596/31104
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  • 50
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    The Global Findex Database 2014 : Measuring Financial Inclusion around the World (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (97 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli The Global Findex Database 2014
    Abstract: The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save, borrow, make payments, and manage risk. The 2014 edition of the database reveals that 62 percent of adults worldwide have an account at a bank or another type of financial institution or with a mobile money provider. Between 2011 and 2014, 700 million adults became account holders while the number of those without an account-the unbanked-dropped by 20 percent to 2 billion. What drove this increase in account ownership? A growth in account penetration of 13 percentage points in developing economies and innovations in technology-particularly mobile money, which is helping to rapidly expand access to financial services in Sub-Saharan Africa. Along with these gains, the data also show that big opportunities remain to increase financial inclusion, especially among women and poor people. Governments and the private sector can play a pivotal role by shifting the payment of wages and government transfers from cash into accounts. There are also large opportunities to spur greater use of accounts, allowing those who already have one to benefit more fully from financial inclusion. In developing economies 1.3 billion adults with an account pay utility bills in cash, and more than half a billion pay school fees in cash. Digitizing payments like these would enable account holders to make the payments in a way that is easier, more affordable, and more secure
    DOI: 10.1596/1813-9450-7255
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    Remarks at the Foreign Correspondents Club of Japan, Tokyo, March 13, 2015 (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the two goals that shape the mission of the World Bank Group: ending extreme poverty by 2030 and boosting shared prosperity. He speaks the need to accelerate a kind of economic growth that's more inclusive, socially sustainable, and protects the environment. He talks about climate change. The frequency, intensity, and duration of extreme climatic events will increase. Droughts, earthquakes, and typhoons will only become worse in the future. He appreciates Japan's focus on doing things before a disaster strikes, as it saves lives and money. He talks about working to refocus developing countries on prevention and preparedness when it comes to disaster risk management. He commends Japan that has been supportive of the World Bank Group's efforts to make innovative financing mechanisms available to governments of developing countries. He appreciates Japan's contribution towards Ebola crisis. He concludes by saying that the Japan's accumulated wisdom has shown the world that taking the proper precautions can save thousands of lives as well as billions of dollars in lost economic growth
    DOI: 10.1596/24308
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    Ending Extreme Poverty by 2030 : The Final Push (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the twin goals of ending extreme poverty by 2030 and boosting prosperity among the poorest 40 percent in low and middle-income countries. The strategy is summed up in three words: grow, invest, and insure. He talks about the need to be creative and use all of the resources to leverage much-needed private sector investment to build infrastructure and create jobs. He promises that the World Bank Group will continue to support governments and make investments in a broad variety of areas in the fight against extreme poverty in developing countries. He talks about empowering women through education for mothers to have healthier children, and, when they have financial resources, they're more likely to invest in the next generation. He talks about the most effective ways to encourage investment in the extreme poor and improve health and educational service delivery, is accountability. He concludes by saying that the governments must be more accountable to citizens, and work to reduce arbitrary treatment at the hands of security forces and the demand for bribes from poor people which will help to minimize the likelihood of violent conflict and eliminate a driver of poverty
    DOI: 10.1596/24307
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    The New Horizon in Education : From Access to Quality (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss equity and learning in education that should be integral to our final push to end extreme poverty by 2030. He speaks about education that also raises productivity in the informal sector and is associated with better health and resilience. He talks about educated women and girls who can be particularly effective agents of socio-economic change. He also talks about the need for development financing and technical expertise to effect radical change in the quality of labor. He highlights about technology that can be used to leapfrog current practices, plugging isolated teachers and students into connected classrooms of the twenty first century. He concludes by saying that education is a public good and a fundamental right is essential to end extreme poverty and boost shared prosperity
    DOI: 10.1596/24305
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  • 54
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    Scaling Up Finance for Sustainable Energy Investments (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, review the commitment to the U.N. Decade for Sustainable Energy for All. The initiative is a multi-stakeholder partnership working with governments, businesses, civil society, banks and international institutions to meet three interlinked goals by 2030: (i) ensuring energy access to more than 1 billion people living without electricity; (ii) doubling the share of renewable energy in the global energy mix; and (iii) doubling the rate of improvement in energy efficiency worldwide. These three goals are interlinked and vital for achieving the twin goals of ending extreme poverty by 2030 and boosting shared prosperity. He concludes saying that, we must now prove that we can make energy available to the hundreds of millions who need it and work together to end energy poverty in our lifetime
    DOI: 10.1596/24304
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    Remarks at Opening Press Conference, World Bank/IMF Spring Meetings, Washington, DC, April 16, 2015 (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses promoting strong economic growth in developing countries. He speaks about the need to invest in people, especially in education, health and to build social safety nets and protections against both natural disasters and pandemics to ensure that people don't remain trapped in extreme poverty. He talks about the challenges in trying to work in all kinds of complex political situations, so that whatever happens to be going on in the political sphere, we can continue to work to lift people out of poverty and boost shared prosperity. He talks about multilateralism that is always complicated and is always fraught with disagreements. He promises to continue to try to engage with governments to have that impact. He mentioned reports released about the Bank's resettlement history. The transcript includes the Q&A session
    DOI: 10.1596/24306
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    Remarks at the United Nations Secretary General's International Ebola Recovery Conference, July 10, 2015 (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the dual challenge facing Guinea, Liberia, and Sierra Leone--that the Ebola epidemic stubbornly continues and that these countries must recover and build back better, stronger, and smarter. Ebola-affected countries need to dramatically increase access to essential, quality health care in even the most remote areas, and bolster the capacity of communities and community health workers to serve as the front line for disease prevention and response. He speaks about the need to strengthen the entire health system to achieve universal coverage and end preventable deaths. He talks about not letting up until we end this deadly epidemic once and for all and also must stand with the people of Guinea, Liberia, and Sierra Leone and make investments that produce a sustainable recovery. He concludes that as a global community, we must pledge to do whatever it takes to make sure such a preventable crisis never happens again
    DOI: 10.1596/24297
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    Ethiopia Rising : Aspiring to Become a Carbon Neutral Middle Income Manufacturing Hub by 2025 (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss Ethiopia's commitment to climate action, the role of industrialization in delivering development, and bringing these together for low-carbon, equitable growth. He speaks about the government's promotion of low-carbon growth, poverty reduction, and climate resilience to tackle the impact of climate changes. He talks about the crucial component of Ethiopia's drive for growth and transformation will be the development of a vibrant manufacturing and industrial base, which creates jobs for growing urban areas. The World Bank Group is working with the government to ensure that new industrial parks make use of recycled water and renewable resources, develop green areas, and reflect upgraded environmental standards and inspection systems
    DOI: 10.1596/24300
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    A Global Perspective : Tackling Three 'Intractable' Challenges Facing the World (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, at Goethe University, Frankfurt, Germany, discuss applying the world's best ideas, knowledge, and experience in development to accomplish the World Bank Group's twin goals of ending extreme poverty by 2030, and boosting shared prosperity. He speaks about helping the poor and vulnerable in low- and middle-income countries in the world not only for poverty reduction within their borders, but is important for growth around the world, especially going forward. He talks about the strategy to invest in people, especially through education and health. He stresses investments in girls and women as particularly important because they have a multiplier effect on the well-being of the extreme poor. He speaks about protecting people from deadly pandemics especially in developing countries. He insists the students that they must apply what they have learned, and must do, for the sake of the poorest, for the children, and for the sake of our humanity
    DOI: 10.1596/24320
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    Commemorating End Poverty Day (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank, discusses the goals of the World Bank Group, aligned to support the poor and the vulnerable, and to preserve our planet for future generations. He talks about the report "Poverty in a Rising Africa" that traces two decades of unprecedented economic growth on the continent with messages that are both encouraging and sobering. He speaks about how economic growth coupled with specific health and education interventions have contributed to improving people's lives, and contributed in many countries, such as Ghana, to major reductions in poverty. He talks about the structural transformation, a shift out of agriculture that led to an increase in non-agricultural self-employment and, to a lesser degree, wage jobs in Ghana. He speaks about how improving the agricultural sector will be critical to further reduce extreme poverty in the country. He commends Ghana that has invested in its people, specifically in education in most parts of the country. He appreciated the country's urban areas that have grown quickly, creating more and higher-paying jobs
    DOI: 10.1596/24290
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    Are Large Firms Born or Made? Evidence from Developing Countries (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (54 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ayyagari, Meghana Are Large Firms Born or Made? Evidence from Developing Countries
    Abstract: This paper uses survey data from 120 developing countries to compare the role of institutions with firm characteristics at the time of creation of the firm in explaining the size, growth, and productivity of firms over their lifecycle. The study finds that firm-level characteristics have comparable, and sometimes even larger, power than institutional factors in predicting size and growth, but not productivity. In particular, size at birth plays a key role in predicting variation in firm size and growth since birth over the firm lifecycle, whereas country factors dominate in predicting variation in labor productivity over the firm lifecycle. The study also finds that older firms are larger, partly because of the selection of more efficient firms. The findings point to the importance of initial founding conditions in explaining variations in size and growth over the firm lifecycle across countries
    DOI: 10.1596/1813-9450-7406
    URL: Volltext  (Deutschlandweit zugänglich)
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    The Impact of the Global Financial Crisis on Firms Capital Structure (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (60 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Demirguc-Kunt, Asli The Impact of the Global Financial Crisis on Firms Capital Structure
    Abstract: Using a data set covering about 277,000 firms across 79 countries over the period 2004-11, this paper examines the evolution of firms capital structure during the global financial crisis and its aftermath in 2010-11. The study finds that firm leverage and debt maturity declined in advanced economies and developing countries, even in countries that did not experience a crisis. The deleveraging and maturity reduction were particularly significant for privately held firms, including small and medium enterprises. For small and medium-size enterprises, these effects were larger in countries with less efficient legal systems, weaker information-sharing mechanisms, shallower banking systems, and more restrictions on bank entry. In contrast, there is weaker evidence of a significant decline of leverage and debt maturity among firms listed on a stock exchange, which are typically much larger than other firms and likely benefit from the "spare tire" of easier access to capital market financing
    DOI: 10.1596/1813-9450-7522
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    What Determines Entrepreneurial Outcomes in Emerging Markets? : The Role of Initial Conditions (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (83 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Ayyagari, Meghana What Determines Entrepreneurial Outcomes in Emerging Markets?
    Abstract: Is it the institutions or firm characteristics at birth that shape startups and their early growth in developing countries? Using comprehensive data from the Indian Annual Survey of Industries this paper addresses this question by studying the early lifecycle of firms across diverse institutional environments of regions in India. It finds that the size and characteristics of a start-up at entry are persistent over the first eight years of a firm's life. However, given these initial conditions at entry, institutions do not have much explanatory power in determining growth. The comparative growth rates of large and small start-ups are not significantly different across states with different local institutions or industries with differing reliance on external finance or need for fixed capital. But institutions, particularly the availability of credit, do have an impact on the initial entry process. Access to external finance is associated with greater overall entry, and also smaller sized entry. The results do not appear to be driven by endogeneity of access to credit or sample selection. The results show that the channel through which institutions affect the relative outcomes of young firms is through the initial distribution of firm characteristics at entry rather than their effect on the performance of the firms post entry
    DOI: 10.1596/1813-9450-7207
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    Financing for Gender Equality : Results and Good Practices (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group. The Third International Conference on Financing for Development represents an important milestone in efforts to achieve universal and sustainable development as we move beyond 2015 and introduce a new set of Sustainable Development Goals. This event aims to mobilize high-level political support for financing gender equality and women's empowerment, drawing on global good practices. He discusses the array of financing sources-private, public, domestic, and international-and policy changes needed to realize the vision of transformative gender equality and women's empowerment
    DOI: 10.1596/24298
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    Billions to Trillions : Ideas to Actions (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, focus on moving from ideas to action for mobilizing trillions of dollars needed for development. He notes that with the end of the Millennium Development Goals and the introduction of the Sustainable Development Goals comes an opportunity to make important changes in how we approach development. He suggests exploring ways to use our shareholder capital, innovative financing solutions, knowledge, and convening power to catalyze and crowd-in trillions of public and private sector dollars. The flexibility of the MDB model, which allows us to leverage these investments through the development of innovative solutions to global challenges. To go from billions in official assistance to trillions in investments, we will have to push even further our willingness to collaborate through creative partnerships
    DOI: 10.1596/24302
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    Global Financing Facility in Support of Every Woman Every Child (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: The Global Financing Facility (GFF) in support of Every Woman Every Child, was launched at the Third International Conference on Financing for Development in July 2015. The facility helps close the funding gap for reproductive, maternal, newborn, child, and adolescent health, to provide smart, scaled and sustainable financing to accelerate efforts to end preventable maternal, newborn, child and adolescent deaths by 2030. Jim Yong Kim, President of the World Bank Group, strongly believes that healthy women and children enable healthy economies, political stability and forward momentum. They are our smartest investment, when we invest wisely
    DOI: 10.1596/24303
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    Remarks at MENA Stakeholders Event, Lima, Peru, October 10, 2015 (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses conflicts that have caused a devastating amount of violence and destruction, severely affecting the livelihoods of millions of people, and creating destabilizing effects at the global level. He talks about the World Bank Group's new strategy to support recovery and reconstruction efforts in the Middle East and North Africa. He speaks about blending grant resources from donors with lending from multilateral development banks in order to provide concessional-level financing to middle-income countries that are hosting refugees. In conclusion he said that we must work together to mobilize support for the millions of children, women, and men who are victims and hostages of war, and to demonstrate our common commitment to help them survive these conflicts, and create a better life once the guns fall silent
    DOI: 10.1596/24292
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    Ending Poverty : How Health and Innovation Can Lead the Way (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank, discusses seeking transformative solutions to challenges of development and poverty that are necessarily cross disciplinary and what a great university should be doing. He talks about the investments that developing countries can make in the health and education of their people which will help reduce extreme poverty in the countries. He speaks about the importance of early childhood development. He talks about stronger health systems in developing countries that can extend the reach of doctors and nurses, and serve as disease outbreak alert and response networks critical to containing infections. He concludes by saying that the pregnant woman who lives in a conflict zone should be focused and we must do whatever it takes to support her so that her newborn child will have a world of opportunity, equal to that of any child in the world
    DOI: 10.1596/24289
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    Creating Opportunity and Prosperity in East Asia (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the opportunities and challenges facing the economic development of Indonesia and East Asia, and how the World Bank Group can help end extreme poverty and foster share prosperity more widely in the region. He remarked that the progress most admired about Indonesia is its accomplishment in reducing extreme poverty. The Group has aligned its work with two goals -- to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the population in low- and middle-income countries. The Program Nasional Pemberdayaan Mandiri, or PNPM, has helped distribute the gains from this growth more equitably across the population. He concludes saying that, we can make sure your successes help build a more just and equal world
    DOI: 10.1596/24337
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    Remarks at Plenary Session, Third International Conference on Financing for Development, Addis Ababa, Ethiopia, July 13, 2015 (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss building on Ethiopia's legacy by presenting the world with a shared vision for substantially increasing funding for the world's poor. He talks about the need to be bold, creative, form strong partnerships, and find new resources to meet our goals of reducing poverty in the world. He talks about how the funding we leverage means more children will be educated, more patients will be treated, and more vital services will be provided. He concludes that we are part of a growing global movement that is the first generation in humankind that can end extreme poverty
    DOI: 10.1596/24301
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    Opening Remarks at Press Conference in Beijing, China, July 17, 2015 (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: These remarks delivered by Jim Yong Kim, President of the World Bank Group, discuss the Chinese economy, China's global role in development, and the latest report on health care reform. He appreciated China, that remains the largest contributor to world growth since the global financial crisis. He talks about the progress made by China in several reforms, including lower credit growth, better regulation of shadow banking, and better management of local government borrowing and these reforms hold the key to its continued economic success. He addresses huge infrastructure needs that are critical to end poverty, reducing inequality, and boosting shared prosperity in the world and China's committment to support financially for the same. He concludes by talking about more efficient health care system in China that will lead to a healthier population, boost economic growth and become an engine for job creation
    DOI: 10.1596/24296
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    Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015 (2015)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: This is the transcript of the remarks delivered by Jim Yong Kim, President of the World Bank Group. He discusses on the period of slow growth, the end of the commodity super-cycle, pending interest-rate hikes, and the continued flight of capital out of emerging markets in the world. He talks about governments that must overcome a growing demographic divide to make future progress. He talks about the climate change and the need to cut emissions and invest in greater resilience . He speaks about developing countries that are going to get serious about increasing tax revenues, and stopping illicit flows of money. He mentions about the increase of capacity to support countries all over the world in building successful Purchasing Power Parity (PPP). He concludes by talking about Mexico and its very rapid development in the northern states and the need to apply that model for the development of southern states
    DOI: 10.1596/24293
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    Inclusive and Sustainable Industrialization in the Future Global Development Agenda (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Remarks delivered by Jim Yong Kim, President of the World Bank Group discuss the critical role of inclusive and sustainable industrialization in the future global development agenda, including to end extreme poverty by 2030. He speaks about working with UNIDO and the government of Ethiopia to ensure that new industrial parks make use of recycled water and renewable resources, develop green areas, and reflect upgraded environment standards and environmental inspection systems. The World Bank Group is looking for opportunities to work closely with UNIDO on industrial zones in Senegal
    DOI: 10.1596/24299
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    Remarks at Press Conference, Accra, Ghana, October 16, 2015 (2015)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: This is the transcript of the remarks delivered by Jim Yong Kim, President of the World Bank Group at a press conference in Accra, Ghana. He discusses on the two goals, to end extreme poverty by 2030 and to boost shared prosperity to the bottom 40 percent in developing countries. He talks about improving the productivity of agriculture and making sure that every industry, every person in Africa has access to energy to end extreme poverty. He talks about the importance of investing in the health and education of people for future economic growth in developing countries. He commended Ghana on its structural transformation, shift out of a solely agricultural-focused economy and in one in which non-agricultural self-employment and, to a lesser degree, wage jobs have also become part of the economy. He concludes by talking about taking action on improved and fair, more just, more efficient tax systems and stopping illicit financial flows, in order to benefit the development of the country
    DOI: 10.1596/24291
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  • 74
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    Uniting Behind Universal Health Coverage (2015)
    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: Jim Yong Kim, President of the World Bank Group, remarked that the Isay-Shima summit next May is our opportunity to finally act on the unfulfilled promise of Alma Ata, and move rapidly toward universal health coverage, and to prepare ourselves before the next pandemic hits. Accomplishing these twin goals will represent a quantum leap forward in people's health and economic wellbeing
    DOI: 10.1596/31107
    URL: Deutschlandweit zugänglich
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  • 75
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    Speech at Migration and the Global Development Agenda Conference (2015)
    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: Jim Yong Kim, President of the World Bank Group, discussed the following topics. The Bank is helping many manage the humanitarian and development challenge. The Bank supports the global knowledge partnership on migration and development (KNOMAD), which helps countries develop evidence-based policy options and capacity to reap the benefits of migration. The future research agenda aims to build a database that identifies legal and policy restrictions that prevent countries from realizing migration's possibilities and to develop approaches to education and social policy that facilitate migrants' integration
    DOI: 10.1596/31106
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  • 76
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    Development Committee Closing Press Conference (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Marek Belka, Chairman of the Development Committee, stated that there was a very broad, uniform support for the twin goals of the World Bank Group. He noted the resounding support for internal reforms at the World Bank Group. Jim Yong Kim, President of the World Bank Group, spoke about the change process and the success in developing and bringing together Global Practices and cross-cutting solution areas throughout the world. He noted the IDA replenishment and new financial arrangements that will allow increased lending in the next few years. He concludes by noting the need for a carbon price and the need to reduce fossil fuel subsidies, the importance of energy efficiency and improved performance standards, and and also long-term finance for renewable energy. Christine Lagarde, IMF Managing Director, affirms that the IMF will continue to work on the issues of inequality, gender inclusion, growth, and the job market, and the fiscal aspect of climate change and how those matters of macroeconomic criticality can be addressed using fiscal tools. They fielded questions on IMF governance reform, the impact of technological change on employment, and the pace of the Global Infrastructure Facility
    DOI: 10.1596/24335
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  • 77
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    Preparing for Peace and Prosperity : Steps Ahead for the Arab World (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses measured hope and optimism, to share a vision for a path forward, to a just and sustainable future in the Middle East and North Africa. He talks about a way forward to help not only Syria rebuild, but also to help Lebanon, Jordan, Turkey, and Iraq recover from the massive spillover effects of the war is to be supported by the principles of co-existence, tolerance, compromise, transparency, good governance, and inclusive economic growth. He talks about the need for improvement in quality of education. He talks about development that requiring a commitment to transparency on the part of governments, and well-informed citizens to hold governments accountable. He speaks about helping women overcome the multiple legal and cultural constraints that have kept their labor force participation in the region at 29 percent, the lowest in the world. He talks about the young people here and throughout the Arab world deserve a chance to grow up in a region that is focused on creating jobs, not on conflict-a region focused on inclusive growth, not on growth for just the elite. The region needs to invest in its people with strong education and health systems
    DOI: 10.1596/24328
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  • 78
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    Remarks at Opening Press Conference, IMF/World Bank Annual Meetings, Washington, D.C., October 9, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the need for more trained health workers in the countries most-affected by Ebola, the Global Infrastructure Facility, and fight against cholera in Haiti. The World Bank Group is pledging USD 50 million to help improve access to safe water and sanitation for all Haitians, aimed at preventing waterborne diseases
    DOI: 10.1596/24323
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    Tackling the Most Difficult Problems : Infrastructure, Ebola, and Climate Change (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group states that the infrastructure gap is enormous --an estimated USD 1 trillion to USD 1.5 trillion more is needed each year. To fill this gap, the Bank needs to tap into the trillions of dollars held by institutional investors, most of which are sitting on the sidelines, and direct those assets into projects that will have great benefit for a range of developing countries. The Bank announced the creation of the Global Infrastructure Facility, which is designed to attract financing for infrastructure needs. To combat Ebola, the Bank needed to move to an emergency footing. During all of the efforts on infrastructure, Ebola, and climate change, teams from across the institution worked collaboratively and displayed an inspiring commitment to innovation. The Bank will be aggressive and creative and apply large-scale solutions to help states manage, prepare for, recover from and conquer the risks, so they can grow and flourish. The Bank's strategy on climate change has five parts: carbon pricing, eliminating fuel subsidies, cleaner cities, smart agricultural policies, and renewable energy investment
    DOI: 10.1596/24322
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  • 80
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    Does Local Financial Development Matter for Firm Lifecycle in India? (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (64 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Ayyagari, Meghana Does Local Financial Development Matter for Firm Lifecycle in India?
    Abstract: The differences in financial development across Indian states, while seeming substantial, have a minor effect on firm lifecycle and growth. These results hold controlling for differences in labor regulations across states, capital intensity, and for firms born before and after the major reforms. There is no evidence that firms in financially dependent industries have different lifecycle profiles or grow faster in financially developed states than underdeveloped states. Overall, firms in the formal manufacturing sector grow as they age whereas in the informal sector, firms have a declining lifecycle, but in both cases little evidence is found that financial institutions matter for firm lifecycle. The findings of this paper suggest that size and depth differences in financial development across Indian states are likely dwarfed by overall inefficiencies that characterize state-dominated financial systems, with important implications for the reforms of the Indian financial system going forward
    DOI: 10.1596/1813-9450-7008
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    A Conversation with Al Jazeera's Ali Velshi and World Bank Group President Jim Yong Kim (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how the World Bank is focused on a prosperity that is shared by everyone, and to lift the billion or so people living in extreme poverty out of that condition so that they can have those things that everybody in the world seems to want. He speaks about the inequality in the economic growth of the countries around the world. He highlights the health care and education sectors as essential to improving lives in developing countries. He points to the fact that the time is now to think about positive ways of moving in a direction to grow economies and at the same time, increase the participation of everyone. He talks about how the World Bank Group is working very hard now to reduce bureaucratic processes so that people in the countries feel a difference. He speaks about climate change and the challenges involved in tackling it. He concludes by saying that they're looking at every possible way of investing in people, of spurring innovation
    DOI: 10.1596/24336
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    Remarks at the 2014 Prince Mahidol Award Conference, Pattaya, Thailand, January 29, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, said he was honored to share the Prince Mahidol award with a distinguished group of individuals who have spent many years fighting to end the HIV-AIDS epidemic. He said that Thailand was the first developing country to mount a successful HIV prevention response. Thailand's successes in AIDS prevention and treatment were not inevitable, neither was its quest for universal health coverage. He have learned that investing in people is not just the right moral choice, ambitious reforms require skillful balancing of competing demands and a handful of committed people with vision have the power to change the world. He concludes that lessons are universal and timeless that we can achieve great things, if we learn from history, and contribute to a lasting evidence-based wisdom
    DOI: 10.1596/24341
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  • 83
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    Remarks at CARE Conference on Gender Equality, Washington, D.C., March 5, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, shares the good news that the governors of the World Bank Group have set ambitious goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the population in developing countries. He noted that increased economic activity among women has translated into a reduction in poverty by about 30 percent and has helped insulate their households from the recent financial shocks. We need to address our blind spots. We need to draw more attention to the major constraints for women and girls that are right in front of us. Discrimination and prejudice destroy economic opportunity. He reminds us that Malala Yousafzai started a social movement around education for girls first in Pakistan, and then around the world. If we can even begin to move together with that kind of resolve, the world will be more peaceful, more prosperous, more just and worthy of the mothers who gave birth to us
    DOI: 10.1596/24340
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    Count on Us (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses fundamental issues in global development and the World Bank Group's role in helping countries and the private sector meet the greatest challenges in development. He speaks about the twin goals, to end extreme poverty by 2030 and to boost shared prosperity. Due to television, everyone knows how everyone else lives. We must not remain voluntarily blind to the impact of economic choices on the poor and vulnerable. He added that we must ensure that our economic progress does not irreparably compromise our children's future due to climate change. World Bank's lending capacity - or the amount of loans we can carry on our balance sheet -- will increase by USD 100 billion dollars in the next decade, to roughly USD 300 billion dollars. He concludes by saying that all parts of our global society must unite to translate the vision of a more just, sustainable economy into the resolute action. That will be our legacy to the future. Dr. Kim fielded questions
    DOI: 10.1596/24338
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    Speech at Maternal, Newborn and Child Health Summit, Toronto, Canada, May 30, 2014 (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, notes that we stand at a critical threshold for global health and development. Too many women and children are still dying because they lack access to quality health care, especially in the least developed countries. He talks about shifting focus from inputs to paying for results, an approach that has been proven to be extremely effective in getting high quality, essential health services to women and children. He remarks that empowering frontline health workers with the autonomy and resources to develop strategies to improve service delivery has resulted in transformational changes in access and quality. As countries move toward universal coverage, fewer mothers die in childbirth, and more babies are born healthy
    DOI: 10.1596/24329
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    Remarks at the Development Committee Press Conference, IMF-World Bank Annual Meetings, Washington, D.C., October 11, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the problem of global inequality. He speaks about the commitment for building the platform which would bring the expertise of not only the World Bank, but the International Monetary Fund (IMF) and other multilateral development banks, to prepare projects and bridge the gap in what is a market failure. He speaks about the companies that were represented, sovereign wealth funds, the countries that had signed on, including China, which has made very strong commitments to finding a price on carbon for the world. He highlights about the need for some source of funding that will disperse immediately on the occasion of the next epidemic, and the global community needs to come together to decide what the response will be. Christine Lagarde, IMF Managing Director, commended Kim on his efforts in the fight against Ebola. Lagarde noted that much of Africa is growing and creating jobs. The two fielded questions on Ebola, the role of China in these institutions, China's investment-led growth strategy, and the Asian Infrastructure Investment Bank
    DOI: 10.1596/24321
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    The Importance of Safety Nets : Mexico's Leadership (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses the importance of safety nets and social protection that countries provide to their citizens. He announces supporting for Mexico's second-generation safety net program PROSPERA, which provides a financial cushion to poor people, allowing them to achieve a higher level of health and security and giving them the chance to learn skills and to find good jobs to become more productive workers, to raise their income levels, and to promote economic growth. He talks about Mexico that played a crucial role in sharing lessons learned from its leadership in the sector and responding to presentations on the experiences of other countries that have faced similar challenges
    DOI: 10.1596/24312
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    Remarks at the International Corruption Hunters Alliance Meeting, Washington, D.C., December 8, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses two goals: to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of the Population. These efforts require us fight against corruption in its many forms. He talks about the need to be alert, respond immediately when things go wrong, learn from the experience, and assure it doesn't happen again. He cautions about the lack of governance, which is a necessary condition for corruption to thrive. The challenge is to get the knowledge and tools to the right people at the right time, and to fully leverage opportunities for reform. World Bank, with support from Australia, Denmark and Norway, created the International Corruption Hunters Alliance to engage in what is happening at a multilateral level, to provide access to the latest anti-corruption tools and information, and to create the dialogue that drives our collective effort to beat corruption. He concludes by saying that the intersection with corruption and dirty money are undeniable, and the implications for sustainable, inclusive development are clear
    DOI: 10.1596/24310
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  • 89
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    Sending a Signal from Paris : Transforming the Economy to Achieve Zero Net Emissions (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, focuses on economic policy as the key to mobilizing a coordinated global response to climate change. He talks about the need to confront climate change, without which there will be no hope of ending poverty or boosting shared prosperity. He adds that the longer the delay in tackling climate change, the higher the cost will be to do the right thing for our planet and our children. He affirms that from the Paris meeting we will make the rallying cry for effective management of local, national and global economies to fight climate change. The Paris agreement needs to speak as loudly of economic transformation as it does of pollution or carbon emissions targets. Carbon pricing that can raise revenues and can be used to generate more economic and social benefits. Specific efforts are needed to scale up renewable energy and develop carbon capture and sequestration technology, at a pace that will allow us to reach carbon neutrality by the end of the century. He concludes by saying that he will drive the World Bank Group and all its capabilities--financial, technical, and human--to support this development transition toward the goal of preserving our planet for all future generations
    DOI: 10.1596/24311
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  • 90
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    Boosting Shared Prosperity (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, spoke about how the Bank and other institutions can help boost shared prosperity and reduce inequality around the world. He talked about the importance of measuring income growth among the bottom 40 percent and compared that to the general population, but stressed that income alone cannot fully capture whether the bottom 40 percent are sharing in the prosperity of a country. Kim also spoke about the terrible consequences when institutions have too low aspirations for the poor, which the world is once again learning in its late response to the Ebola epidemic. He discussed that it's not only a moral imperative for countries to come to the aid of the three countries most affected by the epidemic, Guinea, Liberia, and Sierra Leone, but also an economic imperative to respond as rapidly and effectively as possible now before the epidemic spreads much wider
    DOI: 10.1596/24325
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    Quality Education for the World We Want (2014)
    Washington, D.C : The World Bank
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    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, emphasized that children learned better when we level the playing field at an early stage. He stressed the need for stronger basic education with immediate investment, and a focus on recruitment, grooming, and motivation of teachers. He concluded that we must sustain this momentum and use all available resources and evidence to make sure that every child is in school and learning
    DOI: 10.1596/24327
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    The economic impact of the 2014 Ebola epidemic : short- and medium-term estimates for West Africa (2014)
    Washington, DC : World Bank Group | Washington, D.C : The World Bank
    Details
    ISBN: 9781464804229
    Language: English
    Pages: Online-Ressource (106 p)
    Edition: World Bank eLibrary
    RVK:
    QG 700
    Keywords: Westafrika ; Ebola-Virus ; Auswirkung ; Wirtschaft
    Abstract: Beyond its terrible toll in human lives and suffering, the Ebola epidemic has inflicted a measurable economic impact on West Africa in terms of forgone output, higher fiscal deficits, rising prices, lower real household incomes, and greater poverty. This impact results partly from the health-care costs and forgone productivity associated with being infected, but it is driven principally by the efforts of the uninfected population to avoid exposure ('aversion behavior'). The Economic Impact of the 2014 Ebola Epidemic: Short- and Medium-Term Estimates for West Africa provides a mixed methods analysis of the economic impact, combining theory on the channels of economic impact of the epidemic, economic indicators across sectors in the affected countries, and models of how these economies interact with each other and with the broader world. The result is a quantification of the potential overall magnitude of the economic impact for Guinea, Liberia, and Sierra Leone, as well as for West Africa as a whole. Ebola's short-term economic impact (2014) in the three core countries is on the order of US
    DOI: 10.1596/978-1-4648-0438-0
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    Bank Capital and Systemic Stability (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (42 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Anginer, Deniz Bank Capital and Systemic Stability
    Abstract: This paper distinguishes among various types of capital and examines their effect on system-wide fragility. The analysis finds that higher quality forms of capital reduce the systemic risk contribution of banks, whereas lower quality forms can have a destabilizing impact, particularly during crisis periods. The impact of capital on systemic risk is less pronounced for smaller banks, for banks located in countries with more generous safety nets, and in countries with institutions that allow for better public and private monitoring of financial institutions. The results show that regulatory capital is effective in reducing systemic risk and that regulatory risk weights are correlated with higher future asset volatility, but this relationship is significantly weaker for larger banks. The paper also finds that increased regulatory risk-weights not correlated with future asset volatility increase systemic fragility. Overall, the results are consistent with the theoretical literature that emphasizes capital as a potential buffer in absorbing liquidity, information, and economic shocks reducing contagious defaults
    DOI: 10.1596/1813-9450-6948
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    Corporate Governance and Bank Insolvency Risk : International Evidence (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (53 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Anginer, Deniz Corporate Governance and Bank Insolvency Risk
    Abstract: This paper finds that shareholder-friendly corporate governance is positively associated with bank insolvency risk, as proxied by the Z-score and the Merton's distance to default measure, for an international sample of banks over the 2004-08 period. Banks are special in that "good" corporate governance increases bank insolvency risk relatively more for banks that are large and located in countries with sound public finances, as banks aim to exploit the financial safety net. Good corporate governance is specifically associated with higher asset volatility, more nonperforming loans, and a lower tangible capital ratio. Furthermore, good corporate governance is associated with more bank risk-taking at times of rapid economic expansion. Consistent with increased risk-taking, good corporate governance is associated with a higher valuation of the implicit insurance provided by the financial safety net, especially in the case of large banks. These results underline the importance of the financial safety net and too-big-to-fail policies in encouraging excessive risk-taking by banks
    DOI: 10.1596/1813-9450-7017
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    Latin America and the Caribbean : Getting Fit for the Next Big Challenge (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses how to boost Latin America's growth. The region needs to increase productivity, spur innovation, and adapt its productive structure to changing circumstances which must become a national priority for all countries, independent of their political cycles and ideologies. Improving logistics and infrastructure, education, and the contractual environment are critical to advance development in the region. World Bank Group is working with the Haitian Government and the private sector to introduce best practices in public-private partnerships and to create opportunities for the Haitian people who have been waiting so long for them. He concludes by saying that providing disadvantaged children access to a quality education raises their productive capacity and enhances social inclusion through higher employability leading to higher growth and improved quality of life
    DOI: 10.1596/24330
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  • 96
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    What Is to be Done, and What Will I Do? : Confronting the Biggest Challenges of Our Time (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, addressed the theme of what is to be done, and what will I do? He opened with stories from his life, which made him realize that activism could drive social change. World Bank Group has set goals to end extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent in every developing country. These goals will drive our work going forward. But three major challenges will determine whether we succeed: achieving inclusive economic growth; investing in people; and slowing the rising tide of climate change. Finally he concludes saying that, whatever you do, please remember that the time is now for all of us to work together to bend the arc of history toward justice
    DOI: 10.1596/24339
    URL: Deutschlandweit zugänglich
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  • 97
    Online Resource
    Online Resource
    Speech at Event on Delivering for Every Woman and Every Child within a Generation, United Nations, New York, September 25, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses maternal and child deaths; developing finance; and transforming business in global health and development. He announced that the creation of the Global Financing Facility in support of Every Woman Every Child will enable countries to close the gaps in achieving the health millennium development goals, building on proven experience with results-based financing for health. The Facility will help countries mobilize additional domestic and international resources, including from domestic budgets, other bilateral and multilateral donors, the private sector, and innovative financing mechanisms
    DOI: 10.1596/24326
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 98
    Online Resource
    Online Resource
    Statement following the United Nations' Chief Executives Board Meeting on Ebola, Washington, D.C., November 21, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group discusses efforts of the leaders of the United Nations system toward the Ebola epidemic, and their work toward a unified approach on the ground in West Africa. The goal is to get to zero cases. He talks about the need for community-based care facilities with well-trained health workers and strong triage, diagnostic, treatment and referral capabilities in the affected countries. He speaks about the need to accelerate and adapt the response to changing conditions on the ground and also prepare for the recovery. He assured continued support as development partners to the Ebola-affected countries
    DOI: 10.1596/24309
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 99
    Online Resource
    Online Resource
    Human Capital in the 21st Century (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses the Ebola epidemic as continuing as a serious threat, not only in terms of human lives, especially in the three most affected countries - Guinea, Liberia, and Sierra, but to the regional and global economies as well. He then addressed educational reform. To promote inclusive growth, the World Bank Group works to facilitate the diffusion of knowledge and support countries in investing in the productivity and skills of their people. Taking on new challenges, solving problems creatively, and working across different backgrounds and cultures, will be important tasks for the vast majority of human beings in the 21st century. He discussed shortcomings of Korea's educational system
    DOI: 10.1596/24314
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
  • 100
    Online Resource
    Online Resource
    Media Q and A at G20 Meeting, Brisbane, Australia, November 14, 2014 (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Speeches of World Bank Presidents
    Abstract: Jim Yong Kim, President of the World Bank Group, discusses setting a clear target for growth. He is pleased with the focus on infrastructure. The World Bank, the Asian Development Bank, African Development Bank, and the Inter-American Development Bank plus others, together will supply about USD 100 billion in support for infrastructure. Kim fielded questions about the fight against Ebola, the proposal for a contingency fund to prevent future outbreaks, developing country expectations of the G20 summit, inequality, the Global Infrastructure Facility, and the China-US pact and climate change
    DOI: 10.1596/24313
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
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