I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.
“I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.”
— Jim Yong Kim · Bank
The World Motivation
I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.
“I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.”
— Jim Yong Kim · Bank
I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.
I think one of the main challenges that the World Bank faces is creating an organizational structure that doesn't get in the way of its staff. We have fantastic staff. People told me as I was coming into the organization that the greatest asset of the World Bank Group is its staff, and I think there's no question that that's the case.
Institutionalized discrimination is bad for people and for societies. Widespread discrimination is also bad for economies. There is clear evidence that when societies enact laws that prevent productive people from fully participating in the workforce, economies suffer.
If I care about poverty, I have to care a lot about investments in the private sector. The private sector creates the vast majority of jobs in the world, and social protection only goes so far.
If only God would give me some clear sign! Like making a large deposit in my name at a Swiss bank.
Martin Luther King took us to the mountain top: I want to take us to the bank.
They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.
When I say something, I want people to take it to the bank that I mean it and believe in it. It humbles me that companies want me. It's a challenge to uphold their values and make their product look good. I take that personally.
A crucial responsibility of any central bank is to control inflation, the average rate of increase in the prices of a broad group of goods and services.