Jim Yong Kim quotes
So the fact that I had worked in more than a dozen countries and have been working for 25 years trying to implement health, education and social protection programmes, I think really helped me inside the World Bank Group and helped me to feel a sense of closeness to our frontline staff. But it's a complicated organization... I'm still learning... and the ethnography will continue until I'm done with my work at the World Bank Group.
Jim Yong Kim
In 1990, East Asia, South Asia, and Africa all had the same percentage of people living in extreme poverty: 55 percent. Now, East Asia is at ten percent, and South Asia has gone down to 30 percent. In Africa, it's still 55 percent. Why did we succeed in East Asia, and why are we falling behind in Africa? This year, we're going to be lending over $60 billion. That seems like a lot of money, but every year, sub-Saharan Africa requires about $100 billion in new investment in infrastructure.
Jim Yong Kim
In the private sector, companies have experts running all over the place figuring out the details of how to solve particular problems, and then they share them with the rest of the organization. But in global health, global education, or global development, that's been really difficult to do.
Jim Yong Kim
We've set two goals: ending extreme poverty by 2030 and boosting shared prosperity. How are we going to get there? Generally speaking, it divides into three main categories. One is economic growth. If you look at the greatest achievements in lifting people out of poverty, China, almost through brute economic growth, lifted 600 million people out of poverty. The second big block is investment in human beings. In other words, making sure that the poorest people have some kind of income or sustenance to be able to consume and, potentially, participate in economic growth. And a third category is social protection.
Jim Yong Kim
