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  • Malpass, David  (117)
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  • 1
    UID:
    b3kat_BV048272557
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: These remarks were delivered by David Malpass, President of the World Bank Group, at the G20 Leaders Summit held in Osaka, Japan. He spoke about how giving women better access to economic opportunities is critical to eliminate differences in living standards between men and women. He highlighted We-Fi which is so important and how the Bank was proud to celebrate its two-year anniversary in Osaka. He spoke about the developing countries and the Bank's role in actively identifying changes in the private sector environment that will attract investment and enable higher living standards and better lives. He explained the Bank's work in fragile states, such as the Sahel and the Horn of Africa, to help countries build stronger foundations so that young people are more able to stay rather than seeking to immigrate. He discussed reducing inequality and realizing inclusive and sustainable growth around the world, and how addressing these requires jobs, education, healthcare, attention to the environment, and robust commerce and trade among neighbors and nations. He concluded by saying that the Bank would continue to work with all the nations on these challenges
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 2
    UID:
    b3kat_BV048272563
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: David Malpass, President of the World Bank Group, commemorated the 75th anniversary of the 1944 conference held in Bretton Woods, New Hampshire which led to the creation of the World Bank. He spoke about key historical events and development challenges. He discussed the IDA19 replenishment and its importance to the Sahel. He noted the evolution of development policy and development finance, including highlights like the debt crisis, globally traded bonds, and Green Bonds. He mentioned advisory services and key reports produced by the Group
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048272983
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: David Malpass, President of the World Bank Group, addressed the challenges to reducing poverty and boosting shared prosperity. He mentioned Brexit, negative interest rates, trade frictions, global economic slowdown, sluggish investment, debt burdens, and lack of access to clean water, education, electricity, roads, and basic health care. The World Bank focuses on helping developing countries implement good policies. Many need a bolder agenda for boosting private sector growth. He noted that the problem of global poverty is urgent, so we need to act quickly, and work continually with everyone on these challenges
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 4
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048273157
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: David Malpass, World Bank Group President, issued his remarks from the G20 Finance Ministers conference call, on the COVID-19 pandemic. These are difficult times for all, especially for the poorest and most vulnerable. For the World Bank Group, the first goal is to provide prompt support during the crisis, based on a country's needs. It is also vital to shorten the time to recovery and create confidence that the recovery can be strong. On March 17, the World Bank and IFC Boards approved a USD14 billion package to respond to COVID-19. Of that, IFC is making USD8 billion available in relatively fast-acting financial support for private companies. IBRD and IDA will be making USD6 billion available in the near term to support health care. The Bank is currently restructuring existing projects in 23 countries, many of these through the use of contingent emergency response components. The Bank is also preparing projects in 49 countries in a new fast-track facility, with decisions expected this week on as many as 16 country programs. The World Bank's Board will meet shortly, and it is expected that this first round of countries will provide a framework to quickly scale up over the next few weeks. The Bank and the IMF are ready to work quickly with official bilateral creditors and with other international organizations as partners to finalize a process by the Spring Meetings of our organizations in April
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 5
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048273160
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: David Malpass, President of the World Bank Group, summarized the challenging environment now facing the World Bank Group, as the unprecedented COVID-19 pandemic affects the world. He is expecting a major global recession to complicate the devastating health crisis. The extreme poor in IDA countries will be severely affected. He reviewed the measures taken by the World Bank Group in response to the emergency. The program has three pillars: protecting the poorest and most vulnerable households; supporting businesses and saving jobs; implementing emergency health operations in developing countries to strengthen economic resilience. To this end, USD 160 billion in financing over the next 15 months are available. He summarized the debt relief initiative championed at the G20 meeting. He recapped the activities during the Spring meetings and recent high-level appointments
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 6
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048273161
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: World Bank Group President David Malpass spoke of the steps the Group is taking to provide unprecedented financing to help countries respond to the crisis. He expects to have COVID-19 (Coronavirus) related projects in one hundred countries. He thanked the shareholders for the capital and funding that they provided for IBRD, IDA, IFC, and MIGA. He strongly welcomed the G20's announcement to allow the IDA countries that request forbearance to suspend repayment of official bilateral credit on May 1, 2020. He highlighted about how the IMF Managing Director and World Bank championed the debt initiative, and are committed to taking all the possible steps to support it. He mentioned that beneficiary countries will fully disclose their public sector financial commitments. He concluded by saying that he is certain that substantial progress on the crisis has been made this week from many different angles and that this fast action to provide support during the crisis will help during the downturn and strengthen the recovery
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 7
    UID:
    b3kat_BV048273569
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: He concluded by saying that the World Bank Group now has available COVID-19 financing programs in over one hundred developing countries, and invited use of those pathways to expand the financing of the health emergency and expand the response so that we can meet the full brunt of the crisis in the world's poorest countries
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 8
    UID:
    b3kat_BV048273568
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: David Malpass, President of the World Bank, discussed the severe health and economic impacts that the Coronavirus 2019 (COVID-19) pandemic and shut down have inflicted on developing countries. The World Bank Group's goal was to provide rapid, flexible responses to developing countries. That's a way to protect the poorest, by providing cash and other expandable support on debt, also to maintain the private sector and bolster the economic recovery. He announced that the World Bank Group will finance emergency programs in 100 countries - that's home to 70 percent of the world's population. The programs are tailored to the countries to effectively respond to the health, economic, and social shocks that that country are facing. On May 1 the Bank marked the start of an official bilateral debt payment suspension for International Development Association (IDA) countries, those that request forbearance. It is an initiative launched with the International Monetary Fund (IMF's) Managing Director in March and it was quickly endorsed by the G20 countries
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 9
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048273644
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: World Bank Group President David Malpass spoke about the Coronavirus (COVID-19) pandemic, and the economic shutdown of the advanced economies, which will result in the first major recession in ASEAN countries since the 1997 Asian financial crisis. He described how in East Asia and the Pacific, the World Bank Group has been taking broad and fast action to support developing countries in the face of this pandemic. He announced earlier this week that he had proposed to the Board to make available up to twelve billion US dollars of fast-track financing to countries for the purchase and deployment of Coronavirus (COVID-19) vaccines. He urged the G20 to extend the debt moratorium through 2021 and to consider further options for debt reduction, resolution, and increased transparency. He described the Coronavirus (COVID-19) impact on trade and global value chains, which is critical to the region's growth prospects. He believed that prospects for the East Asia and Pacific region show room for positive outcomes. He concluded by saying that, continued international cooperation to maintain an open and rules-based trading system will be essential for achieving a sustainable and inclusive global economic recovery
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 10
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    UID:
    b3kat_BV048273779
    Format: 1 Online-Ressource
    Series Statement: World Bank E-Library Archive
    Content: World Bank Group President David Malpass spoke about the broad, rapid, and affordable access to Coronavirus (COVID-19) vaccines which will be at the core of a resilient economic recovery that lifts everyone. He mentioned that the World Bank Group's forty-year engagement with China has been mutually beneficial and continues to evolve. He thanked China for its large contribution to IDA19, which is particularly noteworthy given China's stage of development. He highlighted on the lending relationship with China which is also evolving steadily, with a strong focus on analytical and advisory services and strong engagement from the International Finance Corporation. He expressed that China's economy needs further reform to get the most benefit as it returns to sustained growth. China's Coronavirus (COVID-19) economic policy response has been weighted towards supporting firms and banks and encouraging public investment, in relative terms, while direct transfers to households have been limited. Greening of China's growth going forward should form a core objective of the fourteenth five-year plan. Regarding progress on debt relief and transparency, he mentioned that private creditors have not been participating, leaving official bilateral creditors shouldering much of the burden
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
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