Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015

Kim, Jim Yong

Opening Press Conference, World Bank/IMF Annual Meetings, Lima, Peru, October 8, 2015

Autores

Descripción

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.

Palabras clave

JOBS, CREATION OF JOBS, CAPITAL MARKETS, ECONOMIC GROWTH, DEVELOPMENT ASSISTANCE, COUNTRIES, COST OF PRODUCTION, PUBLIC-PRIVATE PARTNERSHIPS, INCOME, INTEREST, TRACK RECORD, DOMESTIC RESOURCE MOBILIZATION, ISSUANCES, DEVELOPING COUNTRIES, EMISSIONS, REVENUES, LOAN, TAX SYSTEMS, GLOBAL CAPITAL MARKETS, PRICE, TAX, DEVELOPMENT GOALS, TREATIES, SUSTAINABLE DEVELOPMENT, LEVELS OF LENDING, FREE TRADE, CIVIL SOCIETY ORGANIZATIONS, DEVELOPING COUNTRY, BUDGET, BANK LENDING, INDIGENOUS POPULATIONS, ECONOMIC ACTIVITY, BOND ISSUANCES, COMMUNICATIONS, RAPID DEVELOPMENT, DISEASES, RISING DEMAND, BENEFICIARY, OFFICIAL DEVELOPMENT ASSISTANCE, JOB OPPORTUNITIES, RESOURCE MOBILIZATION, GLOBAL CAPITAL, INTEREST RATES, SOCIAL PROGRESS, BIRTH RATES, MIGRATION, ADOPTION, DEBT, MARKETS, NONGOVERNMENTAL ORGANIZATIONS, PRESS CONFERENCE, TUBERCULOSIS, LOANS, TAX REVENUES, BORROWING COSTS, MIGRANTS, SUBSIDIES, FINANCE, TAXES, PROGRESS, UNEMPLOYMENT, EMERGING MARKETS, EQUITY, GOOD, CLIMATE CHANGE, GLOBAL MARKET, POLICIES, HIV, ACCESS TO CAPITAL, WOMAN, FUTURE, BUDGETS, WORLD ECONOMY, CLIMATE, DEMAND, MULTILATERAL DEVELOPMENT, TRANSITION COUNTRIES, AGENCIES, REFUGEE, COUNTRY, REFUGEES, MARKET, POPULATIONS, POLICY, FLOW OF REFUGEES, TERMS OF CAPITAL, ENERGY EFFICIENCY, NEWS AGENCY, SHAREHOLDERS, REGIONAL INTEGRATION, TRADE, GLOBAL TRADE, QUALITY EDUCATION, EXTREME POVERTY, BOND, POVERTY, POPULATION, REVENUE, LENDING, AGENCY, MATURITIES, DEMOGRAPHIC, RENEWABLE ENERGY, PROFITS, COMMODITY PRICES, CAPITAL FLIGHT, COMMODITY, POPULATION INCREASES, PRICES, DEVELOPMENT BANK, BENEFITS