Remarks at the World Government Summit
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. Deliverin...
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Language: | English |
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World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/746651536734102062/Remarks-by-World-Bank-Group-President-Jim-Yong-Kim-at-the-World-Government-Summit http://hdl.handle.net/10986/31108 |
Summary: | 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 Niño 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. |
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