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Despite urgent funding needs for climate change, health, and education, financial sources are unclear amid economic downturns and rising debt. Join us live on July 9th to watch the opening session of the Annual Bank Conference on Development Economics (ABCDE).
ABCDE Conference | Growth and Human Development in An Era of Stagnation
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Doing things the old way would not make the future come through
#ajaybanga , Great speech Mr Banga ,just not only impressive but convincing too . 👍 I completely agree with your diagnostics about the what ails the institution… your suggestion for Speed over sluggishness and Simplicity over complexity of the process . Also the fact that WB is just not the bank for bucks but also for the knowledge capital …. Few suggestions as remedies to the above - Do GatiShakti as India has done leveraging technology and tweaking of the mandate of existing institutions which is enabling “Whole of the Govt “ approach . Through this initiative the GoI has been able to ensure intense and effective communication among the related specialists verticals without disrupting or dismantling the latter . It is able to bring in not only the desired speed and simplicity but has also increased the quality of decision making … - regarding the knowledge capital of the WB which is surely a rich repository but I think it requires to be enriched further with the deeper knowledge of the not so rich national as your clients . Best wishes.
Greetings from Abuja, Nigeria
Glory from Nigeria
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I am joining from Japan
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SF Bay Area, California
Development Relevance & Problem Size: The size and mobility of international capital flows make it increasingly important to monitor the strength of financial systems. Robust financial systems can increase economic activity and welfare, but instability can disrupt financial activity and impose widespread costs on the economy. The regulatory framework for stressed assets resolution is favorable. The strong demand for capital from banks and corporates. The long-term capital with expertise — the need of the hour. Attached herewith is the loan write-off data.
Hello from Mongu, Zambia
Thank you for tuning in! Welcome to the Annual Bank Conference on Development Economics 2024 #ABCDE2024 We are exploring The Great Incoherence: Growth and Human Development in an Era of Stagnation. Speaking now is World Bank Group President Ajay Banga. Learn more about the conference: https://www.worldbank.org/en/events/2024/07/09/annual-bank-conference-on-development-economics-2024-the-great-incoherence