Development in a time of crisis - Speech and discussion with World Bank Group President Jim Yong Kim

Video vom 7. April 2016

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Development in a time of crisis: Speech and discussion with World Bank Group President Jim Yong Kim

Introduction by Marcel Fratzscher, President of DIW Berlin and Professor of Macroeconomics and Finance at Humboldt-University, Berlin

Opening Remarks by Ursula Müller, German Executive Director to the Board of Directors at the World Bank Group

Tuesday, April 5, 2016 | 12.00 - 1.00 pm
Venue: Quadriga Forum, Werderscher Markt 13, 10117 Berlin

The world faces challenges for the ages: forced displacement of millions of refugees from the Middle East and Africa, growing concerns about climate change, and preparing for a future pandemic – all during a period of slowing global economic growth. In this time of crisis, development poses direct challenges to the entire global development community, including the World Bank Group (WBG). In particular, these times demand solutions that are equal to the challenges, and that will require innovative approaches such as use of concessional financing and structuring cutting-edge deals with a variety of partners.

At this joint event with the German Institute for Economic Research (DIW Berlin), World Bank Group President Jim Yong Kim will discuss today’s development challenges and present his institution’s responses. This includes giving refugees more perspectives to stay closer to home, assisting countries to choose renewable energy sources over fossil fuels, and finding incentives for the private sector to help countries respond to even a fast-moving pandemic in the future.

The event will be introduced by DIW Berlin President Marcel Fratzscher, followed by a short speech by the German Executive Director to the Board of Directors at the World Bank Group Ursula Müller. After President Kim’s presentation addressing development in a time of crisis, participants will have the opportunity to ask questions and discuss.

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