Description:
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