A Dynamic Partnership in New Frontiers – Africa
Jim Yong Kim, President of the World Bank Group, called the country "an exceptional example of an aid recipient turned donor" and urged business leaders to invest in Africa to help millions of Africans emerge from poverty, while also finding strong...
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2016
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Online Access: | http://documents.worldbank.org/curated/en/2016/02/25866069/speech-world-bank-group-president-jim-yong-kim-world-bank-group-korea-dynamic-partnership-new-frontiers-africa-seoul-korea-republic http://hdl.handle.net/10986/24343 |
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okr-10986-243432021-04-23T14:04:21Z A Dynamic Partnership in New Frontiers – Africa Kim, Jim Yong EQUITY GRANT INVESTORS GOOD COUNTRIES BUSINESS ENVIRONMENTS CORPORATION CREDIT ENHANCEMENT FUTURE INTEREST BANK INDUSTRY PARTNERSHIP EQUITY INVESTMENTS DEVELOPING COUNTRIES DIVIDEND PORTFOLIO EXPENDITURES COMPANIES LOAN COUNTRY CENTRAL BANKS ECONOMICS EXPOSURE INSURANCE ECONOMIC DEVELOPMENT INTERNATIONAL FINANCE STATES RISK INSURANCE EDUCATION GLOBAL ECONOMY INVESTMENT NATURAL RESOURCE OFFICIAL DEVELOPMENT ASSISTANCE RISK FINANCE CORPORATION DEMOCRACY MONETARY FUND INVESTMENTS SOCIETY DEBT ORGANIZATIONS RAPID GROWTH RETURN AGENCY ARREARS RESERVES MISSION PRIVATE EQUITY POLITICAL RISK INSURANCE DUE DILIGENCE GUARANTEE DEVELOPMENT BANK FINANCE POLITICAL RISK INFRASTRUCTURE BANKS INVESTING Jim Yong Kim, President of the World Bank Group, called the country "an exceptional example of an aid recipient turned donor" and urged business leaders to invest in Africa to help millions of Africans emerge from poverty, while also finding strong economic returns in new markets. It used to be that if you wanted to do something around development, the focus was on official development assistance, foreign aid. Korea is one of the countries that benefited tremendously from foreign assistance. The World Bank made many investments in the Republic of Korea and to a great extent some of the greatest successes were related to the relationship between the Republic of Korea and the World Bank Group. For countries to have the same experience that Korea has had--going from one of the poorest countries in the world to now being the 14th largest economy in the world--the private sector will have to play a critically important role. 2016-05-24T20:25:04Z 2016-05-24T20:25:04Z 2013-12-03 Speech http://documents.worldbank.org/curated/en/2016/02/25866069/speech-world-bank-group-president-jim-yong-kim-world-bank-group-korea-dynamic-partnership-new-frontiers-africa-seoul-korea-republic http://hdl.handle.net/10986/24343 English en_US Speech before business leaders, Seoul, Korea, December 4, 2013; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Speech East Asia and Pacific Africa Africa Korea, Republic of Myanmar |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
EQUITY GRANT INVESTORS GOOD COUNTRIES BUSINESS ENVIRONMENTS CORPORATION CREDIT ENHANCEMENT FUTURE INTEREST BANK INDUSTRY PARTNERSHIP EQUITY INVESTMENTS DEVELOPING COUNTRIES DIVIDEND PORTFOLIO EXPENDITURES COMPANIES LOAN COUNTRY CENTRAL BANKS ECONOMICS EXPOSURE INSURANCE ECONOMIC DEVELOPMENT INTERNATIONAL FINANCE STATES RISK INSURANCE EDUCATION GLOBAL ECONOMY INVESTMENT NATURAL RESOURCE OFFICIAL DEVELOPMENT ASSISTANCE RISK FINANCE CORPORATION DEMOCRACY MONETARY FUND INVESTMENTS SOCIETY DEBT ORGANIZATIONS RAPID GROWTH RETURN AGENCY ARREARS RESERVES MISSION PRIVATE EQUITY POLITICAL RISK INSURANCE DUE DILIGENCE GUARANTEE DEVELOPMENT BANK FINANCE POLITICAL RISK INFRASTRUCTURE BANKS INVESTING |
spellingShingle |
EQUITY GRANT INVESTORS GOOD COUNTRIES BUSINESS ENVIRONMENTS CORPORATION CREDIT ENHANCEMENT FUTURE INTEREST BANK INDUSTRY PARTNERSHIP EQUITY INVESTMENTS DEVELOPING COUNTRIES DIVIDEND PORTFOLIO EXPENDITURES COMPANIES LOAN COUNTRY CENTRAL BANKS ECONOMICS EXPOSURE INSURANCE ECONOMIC DEVELOPMENT INTERNATIONAL FINANCE STATES RISK INSURANCE EDUCATION GLOBAL ECONOMY INVESTMENT NATURAL RESOURCE OFFICIAL DEVELOPMENT ASSISTANCE RISK FINANCE CORPORATION DEMOCRACY MONETARY FUND INVESTMENTS SOCIETY DEBT ORGANIZATIONS RAPID GROWTH RETURN AGENCY ARREARS RESERVES MISSION PRIVATE EQUITY POLITICAL RISK INSURANCE DUE DILIGENCE GUARANTEE DEVELOPMENT BANK FINANCE POLITICAL RISK INFRASTRUCTURE BANKS INVESTING Kim, Jim Yong A Dynamic Partnership in New Frontiers – Africa |
geographic_facet |
East Asia and Pacific Africa Africa Korea, Republic of Myanmar |
relation |
Speech before business leaders, Seoul, Korea, December 4, 2013; |
description |
Jim Yong Kim, President of the World Bank Group,
called the country "an exceptional example of an
aid recipient turned donor" and urged business leaders
to invest in Africa to help millions of Africans emerge from
poverty, while also finding strong economic returns in new
markets. It used to be that if you wanted to do something
around development, the focus was on official development
assistance, foreign aid. Korea is one of the countries that
benefited tremendously from foreign assistance. The World
Bank made many investments in the Republic of Korea and to a
great extent some of the greatest successes were related to
the relationship between the Republic of Korea and the World
Bank Group. For countries to have the same
experience that Korea has had--going from one of the poorest
countries in the world to now being the 14th largest economy
in the world--the private sector will have to play a
critically important role. |
format |
Speech |
author |
Kim, Jim Yong |
author_facet |
Kim, Jim Yong |
author_sort |
Kim, Jim Yong |
title |
A Dynamic Partnership in New Frontiers – Africa |
title_short |
A Dynamic Partnership in New Frontiers – Africa |
title_full |
A Dynamic Partnership in New Frontiers – Africa |
title_fullStr |
A Dynamic Partnership in New Frontiers – Africa |
title_full_unstemmed |
A Dynamic Partnership in New Frontiers – Africa |
title_sort |
dynamic partnership in new frontiers – africa |
publishDate |
2016 |
url |
http://documents.worldbank.org/curated/en/2016/02/25866069/speech-world-bank-group-president-jim-yong-kim-world-bank-group-korea-dynamic-partnership-new-frontiers-africa-seoul-korea-republic http://hdl.handle.net/10986/24343 |
_version_ |
1764456430022164480 |