At the World Bank and the IMF Annual meetings in Istanbul, Ngozi Okonjo-Iweala Managing director of the World Bank, discussed the necessary steps to fight poverty and promote development, after the worst recession since the Great Depression.
This exclusive debate takes place in Istanbul, where the World Bank is holding its annual set of meetings. A panel of business and political leaders join FRANCE 24's Raphael Kahane to discuss how the economic crisis will change the world.
At the World Bank's and the IMF's annual meetings in Istanbul, Robert Zoellick, president of the World Bank, discussed the necessary steps to recovery after the worst recession since the Great Depression.
Marwan Muasher, Senior Vice President of externals affairs at the World Bank, speaks about the harsh effects of the economic crisis on poor countries as the g20 draws to a close.
G20 finance ministers meeting in London have vowed to pursue existing stimulus policies until the end of the economic crisis. There was an "unprecedented level of cooperation" according to IMF head Dominique Strauss-Kahn.
Finance ministers are meeting in London for two days of preparatory talks ahead of a Group of 20 summit on Sept. 24-25 in the US city of Pittsburgh. But despite the first signs of economic recovery, G20 leaders are counselling caution.
G20 finance ministers meeting in London have vowed to pursue existing stimulus policies until the end of the economic crisis. They also pledged to incite bankers to adopt "responsible" pay practices but didn't agree on specific bonus limits.
G20 finance ministers meeting in London say they are close to an agreement on bank bonuses, including subjecting them to "clawback" if things go sour. Ministers also pledged to pursue existing expansionary policies until the crisis is over.
Finance ministers are meeting in London for two days of preparatory talks ahead of a Group of 20 summit on Sept. 24-25 in the US city of Pittsburgh. Despite the first signs of economic recovery, G20 leaders are counselling caution.
