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Guest: Michael Igoe, Devex Senior Reporter
Host: Kate Midden Wathen, Devex Engagement Editor
World Bank President Jim Yong Kim has a radical vision for the future of the institution. In a pivot toward private capital, some are asking if a model that works against current incentives will be successful — and whether the bank’s workforce is ready for these changes. Can President Kim achieve his vision for private sector financing? What will it take — and what stands in his way?
Additional reading:
• Jim Yong Kim: Here’s how the World Bank is maximizing finance for development
• Natalie Bridgeman Fields: Jim Kim’s World Bank is a setup for the poor
• What’s at stake in the World Bank’s quest for a capital increase?
• Smart Money: The World Bank looks to a future of creative financing
• Jim Kim thinks more donors should leverage their funds
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Long Story Short #6: The "America First" development agenda
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Long Story Short #8: The do's and don'ts of global development storytelling