A Conversation with Al Jazeera's Ali Velshi and Jim Yong Kim
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A Conversation with Al Jazeera's Ali Velshi and Jim Yong Kim

Date: Wednesday, April 9, 2014
9:00 a.m. - 10:00 a.m ET approx. (13:00 – 14:00 GMT or convert time)
Location: World Bank Headquarters & Online

This event has concluded. View the replay below.

The fundamental problems of the world today affect not millions, but billions of us. Nearly 2 billion lack access to energy. An estimated two-and-a-half billion of us lack access to basic financial services. And all of us -- all 7 billion -- face an impending disaster to our planet from climate change if we do not act now with a plan equal to the challenge.

If we want to reach our goal of ending extreme poverty by 2030, we need to help 50 million people a year raise themselves out of poverty. This will require an extraordinary effort to make growth inclusive, create jobs for the poor, invest in people’s health and education, and ensure that growth is sustainable for future generations.

Join Al Jazeera's Ali Velshi as he sits down with World Bank President Jim Yong Kim in a live-streamed interview to discuss the priorities and changes at the World Bank Group and the issues critical to ending poverty.

View the live blog replay.

Follow the event on Twitter with #askjyk



President, World Bank Group
See what others are saying
Dr. Ashish Manohar Urkude
Dear Dr. Jim Yong Kim, Warm Greetings. I think the time has come to give powers to the UNO, ..and the World Bank ...by making them the Regulatory Bodies and to keep record of money spent on each and every activity on several projects related to MDG. Otherwise, MDG would not be achieved within prescribed time. I would like to know, what is your opinion on this, please? Thanks and Regards. Truly, Dr. Ashish Manohar Urkude, Ph. D. (Management)
luis galanti
sr.presidente evalue la posibilidad de bajar el interés en los créditos a los países pobres que lo soliciten, esto seria un verdadero gesto de austeridad que a veces se reclaman a los países deudores. muchas gracias
Reb Thomas
United States
President Kim, The World Bank is a strong force for the Knowledge Economy given your annual Knowledge Economy Index ranking of nations. The Qatari government (behind Al Jazeera/Ali Velshi) is also a proponent for the Knowledge Economy in Qatar and everywhere else. Can you and Ali discuss ways that KnowledgeEconomy.com/org/US/EU/ME/IN etc might partner with your organizations and/or possibly Facebook or a similar company to increase global connectivity, education, and financial services knowledge and to thereby decrease poverty? Aspiring to do well by doing good, Reb Thomas
Michael Fertik
United States
What type of technical or financial authority or tool that the World Bank now lacks do you think would be most useful for its mission and the health of the global economy?
Arnoud van der Plas
Dear Dr. Jim Young Kim, I see the enormous debt of the USA as major threat to the future economic stability of the world. Will you being addressing this topic in the future and if so what will be your approach to this difficult and politicaly sensitive subject? I hope to hear from you. Kind regards, Arnoud van der Plas
Shafiqur Rahman
Why World Bank and UNO are separate organizations? I think World Bank should be brought under UN control. Is there any need of IMF? What is special with IMF which World Bank cannot deal?
Gabby Ogbechie
President Kim, with the dawn of the Global village phenomenon; the ICT dominated world; and the ascendancy of Knowledge Economy, Africa and the other disadvantaged regions and economies of the World are progressively becoming increasingly impoverished. The global "Occupy" movement, and the "Arab Spring" are testaments to the ever increasing unemployment rates the world over. What policy is the World Bank evolving to tackle the rising unemployment levels by helping economies to create jobs, and dousing "the fire next time"?
Marko Maver
How is climate change affecting the World Bank's goal of ending extreme poverty by 2030?
Marko Maver
Dr. Kim, in the recent report - "Turn Down the Heat: Why a 4°C Warmer World Must be Avoided" - issued by the World Bank, the risks to agriculture and livelihoods, impacts of the rise in sea level on coastal areas, and increased number of extreme weather events were stressed, if global warming is not limited to 2C; or in the worse case scenario 4C+. What is the role of the World Bank in the overall global governance of environmental protection, and poverty alleviation? Last year during the WB Annual Meetings you mentioned that removal of subsidies for fossil fuel energies, and getting the price of carbon right, are key in tackling the issue of climate change and poverty. Is that really the case, and if so, how can the World Bank help in achieving that? (PhD Researcher in International Environmental Law; University of Sheffield)
Marko Maver
(How) does the World Bank acknowledge/consider the role of Carbon Capture and Storage (CCS), in the context of climate change and its impacts on poverty (alleviation)? (PhD Researcher in International Environmental Law; University of Sheffield)
David Stewart
United States
Dear President Kim. Recent World Bank data shows that children represent a large proportion of the poor. UNICEF experience also shows that child poverty, both monetary and multidimensional,is hard to escape and fuels intergenerational poverty. Society also pays a very high long term price for child poverty in the form of lower levels of health and education, lower adult productivity and wages. While these facts are now quite widely recognized, it would be great to get your views on how we ensure child poverty is explicitly addressed in the poverty eradication agenda. Many thanks, David Stewart
Arpan Karki
Dear Mr. Jim, I think the big bulk of money being supporred to end the poverty stays with the so called rich, in the form of consultancy fees, allowances, travel costs and audit fees, another big bulk being spent for seminars and presentation in big hotels. Not to forget the staff costs and costs for their expensive laptops. In this scenario, how confident are you that the monetary supports will help end the poverty and are these supports only the means to gain power not having anything to do with the poverty?
What is the meaning/importance of the rebasing of Nigerian economy? Vis a vis other african economies?
Matthew James
United States
Is the fiat monetary system adverse to ending poverty around the world and are there any other monetary systems such as standard based systems or any others that would be more consonant with that goal?
United Kingdom
Economic success often rests on the invisible and unrecognised work that women provide: they care for the home, the family, the elder, which takes a lot of costs from the government, and they also represent the majority of those with precarious jobs on which economies often rely to in order to develop faster. If women were fully participating in societies and economies, we could potentially achieve sustainable growth. What can the world bank do to ensure that women are able as much as men to develop their potential in life?
why the bank program only related not to the surface of the ordinary people?most of the program of under developed countries are not in root level?
Ahsan Zieshaan
Why is people of India suffrng frm inflation as its economy is increasing day by day? What role a citizen can play in controlling that? Now its UNO's turn to take up Regulatory authority in this regard. So Sir i wil be pleased if answer my question.. :)
KOYO Séverin Cyrille
Central African Republic
My question is to now how did the world Bank help private coorporation or civil organisation to reduce poverty?Can the world Bank put online service wich can help people or private organisatio which participate to submit directly their problem?Like my corporation wich named Central Africa Agro Business,my goal is to produce a lot of food but l have not financial help,what can i do,?Have a nice Day..C.S.KOYO..
margarita chahon
How are you workimg for a focusing knowing of the real capacities of the Women and how is this including & how is redidirected that capacities in the Government and real productivity in the world.
Danique Cyrus-Thomas
United Kingdom
Dear Dr Kim, How will you go about changing attitudes towards women and children around the world, so that the are empowered to have an equal economic opportunities, in order to alleviate themselves from poverty? Do you think this is possible by 2030?
Pascal Declaye
Mr President, First of all thank you for your strong commitment to the end of extreme poverty. Thousands of small NGOs and foundations (very often directly supported by citizens) provide funds to micro projects that have a real impact and positive lasting effect on local communities in very poor regions/countries. If these efforts could be more integrated and coordinated, the impact would be much greater, as we know that all components of development (income generating activities, health, education, water an sanitation etc..) should be worked on simultaneously. Is it something that the world bank supports and could help in some way ? Thanks in advance, Pascal Declaye
Camille Passi
United States
What are world leaders doing to ACTUALLY help countries to have a long term plan to help their poor?
Gloria Thomas
Is there a time frame when poverty will be significantly reduced in the developing countries
Gloria Thomas
Is there a time frame when poverty will be significantly reduced in the developing countries
Miledys Rodriguez
Dominican Republic
What is your plan to tackle corruption and financial heavens? Corrupt politicians and corporate members have continued to steal from the poor, and this has been going for centuries. Anything creative comes to mind?
Marte Ness
Dear Jim. I was hugely inspired by the work you and your Partners In Health colleagues did to make lifesaving tuberculosis medicine more accessible and affordable to sick and very poor people in Haiti, Peru and ultimately, all over the world. What are your key lessons from this experience and how do you apply them now, in the World Bank?
نحن لا نملك المال ولا المسكن وعنا اراضي حوالي ١٢٠ دنم بحاجه للاصلاح وتهيئتها للزراعه في محافظه المفرق من يساعدنا
Roberto de Cardona
Dear Sirs I am looking for an old friend:Bill Byrd who I met in Finland in 1961/62; If he works or has worked with your organization can you please let him have this message. Thanks for your kind cooperation. Roberto de Cardona Via Podgora 12 20122 Milano, Italy
Martin Kirk
United States
Mr Kim, given the controversy around the World Banks' flagship "Doing Business" report, including from the Bank's own Panel of Experts report in 2013 that said the rankings should be scrapped because they do more hard them good, will you scrap them?
Alnoor Ladha
United States
Dear Mr. Kim. The WB states that it's mission is to end poverty. However, through initiatives like the Doing Business rankings, some of the world's poorest countries are being forced to reduce labor and environmental standards, incented to create special relationships with tax havens so more wealth can be extracted from their countries, and are selling their people's land from underneath their feet. It seems that WB cares more about the interest of corporations from the wealthy countries that fund the Bank rather than the world's poor. What is your response to that? You can find reports with detailed evidence backing up all of these claims at www.ourlandourbusiness.org
Chris Williams
President Kim, You seek a 4-pronged plan out to 2030. Many agencies and experts this week are making inclusive growth and jobs-for-the-poor conditional on market performance and financial stability. Does WB accept these conditionalities or, rather, regard that markets and financial systems will only perform when jobs and inclusive growth outcomes have been achieved? ie Jobs and inclusive growth are pr-conditions, non-negotiables and market performance and financial system stability will follow. It seems to me that, this week, we have a tail trying to wag the dog. Please comment.
Bruno Moesch
Dear Dr. Kim, Do you have any plan of abandoning the use of the Doing Business index, which is criticized for leading to biased regulation in favor of transnational firms while failing to empower local populations and foster sustainable, fair social and economic development for poor countries in Africa, Latin America and Asia?
Freddy Lytton Cobbold
United Kingdom
Following the findings of the independent panel of experts you appointed to determine the impacts of the ‘Doing Business’ system. Do you have plans to heed their recommendations and reform/abolish these undemocratic ‘Doing Business’ indicators?
Ruella Munro
Commentary: One of the causes of poverty is youth unemployment. Many of my Tsinghua University Master's Thesis recommendation to address Grenada's Youth Unemployment Challenges can also be used to address Youth Unemployment Challenges around the world. For example: (1) Unemployed Youths with education, skills and experience, who are struggling with poverty and are not eligible to acquire resources to empower them to become business owners can opt into a program I coined in my thesis as: International Human Resource Exchange Program (IHRE). The purpose of this program would be to alleviate youth unemployment, poverty and the challenges of youth skill mis-match with market needs. This pioneering IHRE program could recruit unemployed youth in the similar fashion that is done for youth skill mis-match programs by World Bank and other. However, these youths described in the previous paragraph, once recruited, would be sent to other countries who are in demand for their education, skills and experience to be employed. These youths can be employed to mentor and train youths in the country they were sent to, be merely staff for businesses whose skills they are or other. In like manner, their country of the youth's origin can receive youths from the country they traded with. The trade of youths between countries can be organized between governments (GO/NGO/ Businesses) of countries and a point value based on education, experience and skills could be assigned to appoint a value to youth who opt into the IHRE program. This program should also ensure that a youth trade deficit does not occur where one country receives youth and the other did not. Opportunities to generate youths who can become employers either via state own companies or their own businesses could also be part of this program. The length of program could be for example: (1) Project based. (2) The length of time a youth is to work in their country upon acquiring a scholarship but can not find employment in their country (3) Other. If feasible a form of tax could also be acquired from youths who opt into the program. This tax would go back to the country of their origin. This tax should not in no way generate an experience of poverty for youth. It should only be considered in the event that their is evidence to support that the youth has sufficient surplus income to provide a small tax to their country as a means to pay it forward to their country of origin. As a result of IHRE, countries would acquire youths which match their market needs, have additional support to develop their own youths to meet their market needs, and youths around the world would find more ways to acquire employment and alleviate the poverty of their families. For more unorthodox recommendations to solve world challenges/ or more details concerning this particular recommendation, please feel free to contact me at rklmunro@gmail.com
You recently commit an ambitious cost cutting program which includes measures such as change of class of air travel for all staff from business to economy. However the rumors circulating that you always fly first class and sometimes private jets. Another anecdote circulating that you have ordered at the Bank’s expense two tuxedos for some event. Do you consider yourself so poor that you cannot purchase your own cloths? Will you set an example of behavior for your organization staff by opting out your current luxurious travel habits?
Apurv Gupta
United Kingdom
The online platform for young people to engage with the World Bank - YouThink seems to be highly restricted to young people who have 1. Working knowledge of such technology. 2. Who have access to such technology 3. Those who are interested in the discourse on politcs, economics or the law. These parameters highly point towards a very advanced, target group of young people - more so from the developing world. Shouldn't the World Bank also fund youth projects for young people to go into the field and organise awareness campaigns, conduct surveys on youth perception on the ground? We need to link this advanced group of young people with the disadvantaged one. Only then will progress enhance, given the sheer population of people under the age of 25 today. What say?
Tiyani Rikhotso
South Africa
What does the President and the World Bank intend doing to intervene on the critical challenges posed by Road crashes and pollution as raised in the report titled: Transport for Health recently released by the Bank? In particular the finding of 90% affected being developing countries?
Tom Craig
United States
Dr.Kim, what is and are you satisfied with the World Bank's success using logistics to create an economic cluster? What is needed and what are you doing to improve the success? Thank you.
Dr. Ananh Norasingh
we have funds for rural development on highway & clean water system for Lao PDR
Dr. Ananh Norasingh
I am fully support your EDI system for poor. However, I do hope it will happen in my country Lao PDR. I do have some funds for it to occur.
South Africa
Can you explain the negative impacts of the doing business indicators.
Arnie Saiki
United States
President Kim, as we approach the timetable for concluding the MDG2015 framework, I am concerned that the World Bank Country Partnership Strategies too easily streamlines public-private partnerships and investments in developing countries without the recognition of free prior and informed consent to the most impacted indigenous peoples. Although the ALTA outcomes and the upcoming World Conference on Indigenous Peoples seeks to raise the recognition for free prior and informed consent among States, the greater concern is that the consent process needs to be defined by indigenous processes, and not streamlined into a reductive process that does not account for the spirit through which FPIC was conceived. President Kim, I ask that you open up the MDG2015 to include the participation of Peoples who are largely unrepresented or disenfranchised by the UN process and provide the funding to include Peoples that are most impacted by industries that contribute to resource depletion, ecological degradation and climate change. Additionally, we need to see free prior and informed consent, not simply negotiated as an Indigenous Peoples to State process, but rather as an Indigenous Peoples to Investment Treaty process. FPIC needs to be affirmed and recognized within Investor-State agreements and resolved in the same court as other Investor State Dispute Settlements. Thank you.
Abdulkarim Idris
Please why do developed nations allow government officials from African countries and their proxies transfer huge amount of money to their shores despite knowing that these are ill gotten funds that are suppossed to be used for the devt of these so called poor nations? The world bank and its agencies can do better than preaching and act so that unemployment and other related vices can be tackled. I think the world bank is not only contributing but also encouraging these vice. Why are they financing different developmental projects in these so called poor nations knowing fully well they have the resources to handle such projeccts but stolen by government officials? Thank you
poverty eradication plan implementation not in papers but also in real practical due to lack of proper monitoring and evaluation system and other matter is identification of real poor those have no any identity, what will be happen of the rest groups of the world population near about 10% of the total existing population of the world, N.K.PANDU,RESEARCHER CUM NBDP INDIA PLANNER, INDIA
Dr Jason Hickel
United Kingdom
The World Bank was forced to step back from Structural Adjustment Programs in the early 2000s because the data showed they had caused so much damage. Yet the new Poverty Reduction Strategy Papers seem to incorporate many of the same problematic policies. If the Bank is serious about ending poverty, it seems to me that the Bank needs a firmer move away from structural adjustment. Would you support such a move?
M. Alejandra Morena
Dear Mr Jim Yong Kim, The goal of the World Bank is purportedly to fight poverty and increase prosperity in the world. However, it continues to implement and foster policies which actually lead to the opposite result, including massive land grabbing, forced evictions of communities from their lands, marginalization... and poverty. The Doing Business indicators are also highly controversial and criticized by numerous civil society organizations and social movements, as they force developing countries to deregulate and this often is not coherent or compatible with their human rights obligations and commitments. My question is: Will the World Bank finally drop the Doing Business Indicators, and other policies which are contrary to human rights? This will be important for the institution to regain its credibility and legitimacy, but also to actually work towards the supposed two aims of the World Bank. Many thanks and kind regards, M. Alejandra Morena
Alice Martin-Prével
Dear Dr Jim Yong Kim, What is World Bank's official position concerning the June 2013 report by the Independent Panel of Experts who reviewed the Doing Business indicator? Why didn't the Bank take into account the recommendation of the Panel to cease the aggregate ranking of countries and instead released its Doing Business 2014 report untouched? Thank you, Alice Martin-Prével
Trinidad and Tobago
Will you actively campaign for a second term? If your country needs you, would you become Secretary of Health?