Saturday, October 31, 2009

Zoellick, the BM and the global crisis

Since one has already reported across this finance blog, authorities of the World Bank and of the International Monetary Fund met, like every year in the same dates, in the city of Istanbul, one of the areas most filled with Turkey. In this occasion, one will allude to the speech that there realized the president of the Group of the World Bank, Robert B. Zoellick, for motive of this one so important meeting.

Robert B. Zoellick

The same day of the opening of this event, the president Zoellick made use of his oratory time and spoke about everything a little. Although the finished speech can be consulted on the official web page of the World Bank, this finance blog will allude to some outstanding points of his paper.

Since it could not be otherwise, the leader was useful to speak about the global crisis, central topic of the meeting, and affirmed that they think that, for ends of 2009, it will increase greatly the number of persons who live in the extreme poverty as this way also the number of unemployed men will increase in the world, informed the web of the BM.

Zoellick is entrusted entirely that the challenge of now in more will consist of keeping on cooperating still after having spent the danger of falling down in the abyss, he published the above mentioned web.
Following the topic of the crisis, Zoellick said that the Group of the BM put itself at a height of this challenge, published the web site of the BM, which added that the work realized by the organism was with energy, creativity and a big clarity of targets.

It is important to add that the meeting, which along with the Governors of the Group of Bamco Mundial and the IMF, was carried out from Tuesday, the 6th until Wednesday, the 7th of October and which, between other varied topics, was debated about the world financial and economic crisis and on how it was his impact in the different countries, informed the web site of the BM.

Image subject to license CC

Related posts:

  1. The IMF and the global crisis
  2. BM and IMF debate on the global crisis in Turkey
  3. The World Bank in “reform“

No comments:

Post a Comment