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World Bank Head Sees Other Development Banks as Allies 世界银行行长称将其他开发银行视为盟友
Slowing economic growth around the world is endangering the World Bank’s goal of ending extreme poverty by the year 2030. That is what World Bank President Jim Yong Kim said recently. Mr. Kim said the goal remains1 within reach. But he thinks extreme poverty will disappear only if world leaders and financial and development agencies do their part.
What exactly is extreme poverty? The United Nations says extreme poverty is a condition in which basic human needs are not being satisfied or met. These needs include having clean drinking water, food and an education.
Jim Yong Kim says there is good news. He says the world has made some progress toward reaching the goal.
“Over 25 years, we’ve gone from nearly two billion people living in extreme poverty to fewer than one billion.”
Even with this progress, nearly one billion people continue to live on less than about $1.25 a day. Slowing economic growth in industrial and developing economies is affecting the fight against extreme poverty.
Mr. Kim suggests that one solution is to partner with new financial institutions such as the Asian Infrastructure2 Investment Bank and the New Development Bank.
“We at the World Bank Group see these development banks as potentially very strong allies in tackling the enormous challenge of bringing much needed infrastructure to the developing world.”
Banking3 coalitions4 could help identify financing for transportation and other infrastructure needs that the World Bank alone cannot provide. Amy Studdart is with the Center for Strategic and International Studies in Washington, D.C.
“There’s a huge infrastructure gap in Asia. The World Bank itself estimates that it was $2.5 trillion worth of investment that needs to happen in South Asia and South East Asia along.”
Many people are concerned that new lending agencies will reduce the influence of existing ones like the World Bank. But Mr. Kim says the issue is not influence.
“The fundamental issue for us is, your enemy cannot be other institutions. Your enemy has to be poverty.”
The World Bank is expected to consider those issues when world leaders meet at the United Nations later this year.
Words in This Story
potentially – adv. capable of becoming real, a possibility
tackle – v. to deal with a difficult problem; in sports, to bring someone down to the ground
gap – n., the space between two people or things; a space from which something is missing
1 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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2 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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3 banking | |
n.银行业,银行学,金融业 | |
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4 coalitions | |
结合体,同盟( coalition的名词复数 ); (两党或多党)联合政府 | |
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