Remarks by World Bank Group President David Malpass to the 52nd Washington Conference on the Americas
These remarks were delivered by World Bank Group President David Malpass to the 52nd Washington Conference on the Americas. He discusses: the Bank forecast that Latin America and the Caribbean will grow by only 2.3 percent in 2022. Energy, food, an...
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| Format: | Speech |
| Language: | English English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099534305162229207/IDU01509b69f040009f2c0014a4386ce41 http://hdl.handle.net/10986/37805 |
| Summary: | These remarks were delivered by World
Bank Group President David Malpass to the 52nd Washington
Conference on the Americas. He discusses: the Bank forecast
that Latin America and the Caribbean will grow by only 2.3
percent in 2022. Energy, food, and fertilizer prices are
rising at a pace not seen in many years, hitting the
region’s poor particularly hard. The commodity price boom
will benefit natural resource exporters and government
revenue. One key unfolding crisis is the rise of inflation
in advanced economies. At the primary and secondary levels,
the learning losses from the Coronavirus disease 2019
(COVID-19) lockdown policies need to be urgently addressed.
As the leaders from the region gather for the Summit of the
Americas in Los Angeles, it provides an opportunity to be
strategic in addressing the challenges ahead. |
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