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A Fireside Chat with President David Malpass at the Atlantic Council

· David Malpass, President of the World Bank Group (International)

Summary written by Dark Majestic in its own words · topics: public finances and debt, development and emerging economies, growth, investment and productivity

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· David Malpass Wiki · World Bank Group WikiA Fireside Chat with President David Malpass at the Atlantic Council

ContextFireside chat at the Atlantic Council in Washington, near the end of the speaker's term; the World Bank fights poverty and faces debt and growth crises in poor countries.

Why it mattersMalpass reflects on debt overhang as his term ends.

Problems raised
  1. Capital stays in advanced economies.
  2. Developing countries face debt overhang.
  3. Global challenges dominate the next year.
Solutions proposed
  1. Attract new investors to developing countries.
  2. Address debt overhang.
  3. Focus on developing countries' growth.
Read full speech on worldbank.org ↗

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