GZERO World with Ian Bremmer cover image

Fix the global debt crisis before it's too late, warns World Bank's David Malpass

GZERO World with Ian Bremmer

CHAPTER

The Importance of Stability in the World Bank

The World Bank was a leader in the responses to crises, he says. The bank wants people in developing countries to have better lives tomorrow than today,. So the personnel of the bank have really embraced that and so you end up with a 35% expansion of the bank with no increase in the budget.

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