This is a statement by Angel Gurría, Secretary-General, OECD, and Erik Solheim, Chair of the Development Assistance Committee (DAC), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + The international community is set to transition into a critical new phase in its fight against poverty. A number of key issues must be addressed if it is to be successful: disparities between countries must be reduced, as well as a range of inequalities within them. Providers of development co-operation must maintain their commitments on the quantity and quality of the resources they provide, and they must help developing countries mobilise more domestic resources. The OECD is uniquely placed and equipped to support these and other efforts with a number of adapted tools.
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This is a statement by Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank Group (IsDB) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses the global economy in the post-crisis era, the economic prospects of IsDB member countries, and IsDB Group reponses. Major thematic areas supported by the IsDB Group are the following: fostering inclusive development, supporting agriculture development and food security, addressing youth unemployment, enhancing infrastructure development, Strengthening Economic Cooperation and Integration, and fostering Islamic finance. IsDB Group major initiatives include capital increase, resource mobilization, member country partnership strategy, reverse linkages, trade-related development assistance, Secretariat of the G-8 Deauville Partnership IFI coordination platform, MDGs and post-2015 development agenda, and celebrating 40th anniversary.
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This is a statement by Mr. Mohamed Boussaid, Minister of Economy and Finance of the Kingdom of Morocco, on behalf of the Constituency of Afghanistan, Algeria, Ghana, the Islamic Republic of Iran, the Kingdom of Morocco, Pakistan, and Tunisia at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by Mr. Xiaozhun Yi, Deputy Director-General of the World Trade Organization (WTO) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + The WTO forecasts world merchandise trade to grow by some 4.7 percent in 2014, developing (including emerging) economies' trade flows still outpacing that of developing countries'. With their imports growing faster than their exports since the financial crisis, developing countries pull the developed countries' recovery, and contribute to reduce global imbalances.
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This is a statement by Mr. Pravin J. Gordhan, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + The report states the improvement of economic prospects and growth in high-income countries; the progress made to date in aligning the institution to achieve the goals endorsed by governors at the last spring meetings; International Development Association's (IDA's) strong and more targeted investments in regional transformational projects in Sub-Saharan Africa (SSA) as an important component to shaping the future of sustainable growth on the continent; and the progress report on the implementation of the recommendations of the Sendai report and commend the increased integration of disaster risks management (DRM) into policy and investment operations, as well as in country partnership strategies across the Bank Group.
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This is a statement by Mr. Koen Geens, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014. The report states growth in the post-crisis global economy: policy challenges for developing countries; and mainstreaming disaster risk management in World Bank Group operations.
... Vea más + It recognizes the efforts deployed in incorporating disaster risk management into the new country partnership framework model, thereby better informing policy and investment decisions.
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This is a statement by Mr. Guido Mantega, Minister of Finance, Brazil on behalf of Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname and Trinidad and Tobago at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + The World Bank Group (WBG) support and urge to continue to be the multilateral platform for all regions in their paths of inclusive development. In this sense, the Brazilian-World Bank partnership through the creation of a knowledge hub in Brazil is serving as an important facilitating platform for knowledge sharing. The new country partnership framework (CPF) should continue to be a document establishing guidelines for the engagement of the WBG and client countries.
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This is a statement by Mr. Alberto Arenas, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He states that the developing countries are facing new challenges to secure World Bank Group (WBG) twin goals: to end extreme poverty and promote shared prosperity. The developed world has shown signs of recovery reflected, for example, by improvements in economic growth and business confidence, and reduction in unemployment rates.
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This is a statement by Mr. Yaobin Shi, Vice Minister, Ministry of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He states that the international community should pay more attention to development, transfer more resources to developing countries, and provide stronger support for their economic growth, so as to inject lasting dynamism to sustain global economic development. The Bank Group should help channel capital inflows into real economy, by working across its institutions and with development partners, and fully utilize its global convening powers and comparative advantages in resources mobilization, financial innovation, and projects development.
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This is a statement by Anton Siluanov, Minister of Finance of the Russian Federation, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses growth in the post-crisis global economy concerning policy challenges for developing countries.
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This is a statement by The Right Honourable Helen Clark, Administrator of the United Nations Development Programme and Chair of the United Nations Development Group, United Nations, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + She promotes more inclusive and sustainable patterns of growth in the post-2015 development agenda.
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This is a statement by Dr. Arvind Mayaram, Alternate Governor, India, representing the Constituency of Bangladesh, Bhutan, India and Sri Lanka, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses the post-2015 development agenda, the WBG change process, the IDA 17 replenishment, and disaster risk management. He proposes the following three areas of emphasis for poviding transformational, innovative csolutions to the challenges facing the WBG: i) agriculture and food security, ii) infrastructure, and iii) urbanization.
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This is a statement by Minister Gerd Müller, Federal Minister for Economic Cooperation and Development, Germany, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses globalization with respect to the limits of our natural environment.
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This is a statement by Mr. Guy Ryder, Director-General, International Labour Organization, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by H.E. Ahmed Bin Mohammed Al-Khalifa, Minister of Finance, Kingdom of Bahrain, on behalf of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman, Qatar, Syria, United Arab Emirates, Yemen, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He emphasizes sustainable development and slow growth shared within and between member countries.
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This is a statement by H.E. Kittiratt Na-Ranong, Deputy Prime Minister and Minister of Finance, Thailand, representing the Constituency of Brunei Darussalam, Fiji, Indonesia, Lao PDR, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga and Vietnam, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + He discusses growth in the post-crisis global economy: policy challenges for the developing countries, World Bank Group reforms, a successful IDA 17 replenishment, infrastructure financing, and mainstreaming disaster risks management in world bank group operations.
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This is a statement by Mr. Ignazio Visco, Governor of the Bank of Italy at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + Addressing the challenges to growth in developing countries as a central theme was timely and relevant to the wider discussion taking place in other fora, like the Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union (EU) (G20). The analysis presented by the World Bank is accurate and the policy recommendations go in the right direction. In the relative short-term, countries need to be prepared to manage the major risks associated with the gradual return to normal of monetary policy in highly advanced economies; in the longer-term, they will have to adopt appropriate policies to tackle the drastic reduction in productivity growth that, as shown in the global economic prospects, is at the root of the slow post-crisis recovery. A sound combination of fiscal and monetary policies to address short-term challenges, together with growth enhancing structural reforms is the appropriate way forward.
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This is a statement by Ms. Marie-Gabrielle Ineichen-Fleisch, State Secretary for Economic Affairs, Swiss Confederation at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + There is evidence that economic growth has resumed in virtually all regions around the world, albeit at a varying rate. This encouraging trend has yet to translate into inclusive and sustainable development for all. High levels of inequality and persistent unemployment, in particular among the youth, raise concern that the benefits of economic expansion are not being shared equitably within societies. High inequality can inhibit progress in health and education, cause political and economic instability, and thereby reduce the pace and sustainability of growth. At the same time, the promise of greener and sustainable economic development is becoming less achievable as the frequency and severity of climate change-related natural disasters increases. In view of this, growth will only contribute to sustainable social and economic development if sound, responsible and inclusive policies and investments are put in place. It is the mandate of the World Bank Group (WBG) to support its public and private partners in achieving these objectives. The WBG internal reforms and the expanded financial capacities should strengthen this mandate and be assessed based on whether they enable the WBG to achieve these goals.
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This is a statement by Mr. Daniel Kablan Duncan, Prime Minister and Minister of Economy and Finance, Republic of Côte d'Ivoire, on behalf of the Group II African Countries, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Vea más + His statement focuses primarily on the topics appearing on the agenda of the April 12, 2014 meeting, namely (i) Growth in the Post-Crisis Global Economy: Policy Challenges for Developing Countries; and (ii)) the Progress Report on Mainstreaming Disaster Risk Management in World Bank Group Operations.
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