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Addressing Challenges to Growth, Security and Stability - Scene-Setter Speech by World Bank Group President David Malpass

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

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

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· David Malpass Wiki · World Bank Group WikiAddressing Challenges to Growth, Security and Stability - Scene-Setter Speech by World Bank Group President David Malpass

ContextAddressing Challenges to Growth, Security and Stability - Scene-Setter Speech by World Bank Group President David Malpass.

Why it mattersMalpass warns that 60% of low-income countries are in or near debt distress.

Problems raised
  1. Debt distress affects 60% of low-income countries.
  2. Conflict and violence spread.
  3. Growth is threatened.
Solutions proposed
  1. Monitor cross-border financial flows.
  2. Provide humanitarian assistance.
  3. Build capacity on the ground.
Read full speech on worldbank.org ↗

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