| Summary: | Jim Yong Kim, President of the World Bank Group, spoke about how the Bank and other institutions can help boost shared prosperity and reduce inequality around the world. He talked about the importance of measuring income growth among the bottom 40 percent and compared that to the general population, but stressed that income alone cannot fully capture whether the bottom 40 percent are sharing in the prosperity of a country. Kim also spoke about the terrible consequences when institutions have too low aspirations for the poor, which the world is once again learning in its late response to the Ebola epidemic. He discussed that it's not only a moral imperative for countries to come to the aid of the three countries most affected by the epidemic, Guinea, Liberia, and Sierra Leone, but also an economic imperative to respond as rapidly and effectively as possible now before the epidemic spreads much wider
|
|---|