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Transcript: Exceptional Uncertainty and the Global Economy: A Conversation with David Malpass and Adam Posen

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

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

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· David Malpass Wiki · World Bank Group WikiTranscript: Exceptional Uncertainty and the Global Economy: A Conversation with David Malpass and Adam Posen

ContextTranscript: Exceptional Uncertainty and the Global Economy: A Conversation with David Malpass and Adam Posen.

Why it mattersMalpass criticises creditors earning large returns from the poorest countries.

Problems raised
  1. Creditors earn big returns from the poorest countries.
  2. Debt is not transparent.
  3. Uncertainty is exceptional.
Solutions proposed
  1. Pressure creditors for debt relief.
  2. Increase debt transparency.
  3. Separate debt and investment pricing.
Read full speech on worldbank.org ↗

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