ABOUT THE EVENT A conversation between IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass.
COVID-19 ended a remarkable phase of global prosperity—a span of roughly 25 years when rapid economic growth enabled the incomes of the poorest nations to converge with those of the wealthiest, when the world came within striking distance of extinguishing extreme poverty.
Today, the world is massively off-track on the goal of ending extreme poverty by 2030—the prerequisite for all other development objectives. Restoring progress will not be easy—but it can be done.
With this event, the World Bank aims to convene a broad set of voices to underscore the urgency of the poverty challenge and the limited ability developing countries have to offset shocks through fiscal policy. It will highlight the policies that can support inclusive growth based on the World Bank’s country experience and knowledge work.
The discussion will focus on the full range of economic policy actions required to support inclusive growth and get progress toward reducing poverty back on track, drawing upon the new research in the upcoming World Bank Poverty and Shared Prosperity report.
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