How We’re Taking On Extreme Poverty
Next week, we’ll be hosting our Spring Meetings in Washington, D.C., which will attract a few thousand leaders in development from around the world. To set the stage for these meetings, I talked this week about the fundamental issues in global development and how we’re undergoing dramatic changes inside the World Bank Group to meet those great challenges.
We live in an unequal world. The gaps between the rich and poor are as obvious here in Washington, D.C., as they are in any capital. Yet, those excluded from economic progress remain largely invisible to many of us in the rich world. In the words of Pope Francis, “That homeless people freeze to death on the street is not news. But a drop … in the stock market is a tragedy.”
While we in the rich world may be blind to the suffering of the poor, the poor throughout the world are very much aware of how the rich live. And they have shown they are willing to take action.
We must not remain voluntarily blind to the impact of economic choices on the poor and vulnerable – not only because of the moral argument of treating your neighbor with dignity but also because of the economic argument that when growth includes women, young people, and the poor, we all benefit.
Please take a few minutes and watch this video of my remarks on Tuesday at the Council on Foreign Relations in Washington. It describes how we’re taking major steps to make us fit for purpose, including increasing our financial firepower for global development. In a few years, our annual commitment will rise to more than $70 billion – up from $45 to $50 billion today. We will be able to mobilize and leverage hundreds of billions of dollars annually in the years ahead. These will be key parts of our strategy that ensures that no country is left behind as we move toward the target of ending extreme poverty by 2030.
(Photo: Simone D. McCourtie/World Bank)
Senior Sales Administrator at Tasheelat Automotive Compnay
9 年Very nice
chairperson at skw-life for limb loss charitable foundation-usa
10 年Jim Kim,President of the world bank said in his video interview to LinkedIn editor ,there is 1 billion people earn nearly $1.25 a day . This is extreme poverty level . and is mostly in Subcontinent and South East ASIA. THERE ,IS FOOD SHORTAGE ,NO CLEAN WATER, lots of Castro problems , MUD HOUSES WITH OUT TOILETRY FACILITIES. This is all due to corrupt Government - leaders .They do not want to improve their economy and do not want to improve poor people 's standard of living .If there is no Wars ,may be poverty will eliminate by 2030 ..Good plane and peace can bring the world economy around. Charities can do some extent to help poor people,but this not a permanent solution. Instead of giving them loan ,there should be permanent planed program through world bank for developing countries
Plow Man at Agriculture Rwanda
10 年I thank your good activities of fight poverty
ZONE ECONOMIQUE SPECIALE chez ecole nationale d'administration
10 年NOTRE PAYS TRAVERSE UNE CRISE AIGUE ,énergie ,salaires ,routes doc déficit des finances publiques ,le mois de juillet ,nous organisons le sommet des chefs d etat des membres des pays de l océan indien ,en présence du chef de l eta fran?ais ,par ailleurs ,AL JAZAERA FINANCE ,vient de me ressaisir par leur fiche ,en principe qui devait être remplie en vue de récupérer des fonds susceptibles pour faire fonctionner le projet de zone économique spéciale ,par un comite de pilotage ,au ministère de finance et économie, les autorités en place ignorent a le mettre ,urge de s en procurer des fonds .actuellement je lance les démarches ,avec MA mwe ,société de l énergie comorienne,en partenariat avec la président DES MOUVEMENTS DES ENTREPRISE COMORIENNES ,directrice administratives d une grande société de terrassement général et de construction EGT
auxiliar de despacho aduanero en beagle agentes de aduanas
10 年se?o jim como puedo abrir un negocio propio no tyengo capital quiero darle una herencia a mi familia