Join a discussion on channeling revenues from extractive industries—oil, gas and mining—to end poverty through diversified growth and development. If managed well, revenue from resources such as oil and gas in Tanzania and Mozambique, iron ore in Guinea, copper in Mongolia, gas and gold in Latin America, oil, gas, bauxite and gold in Central Asia, can contribute to sustainable development. When poorly handled they can present long-term challenges for governments, communities and the environment. How can governments capture and channel natural resource revenues into smart investments? How can they unlock this wealth to make it work for the poor? What can we learn from past experience?
More than 1 billion people still live in poverty and the gap between ‘haves’ and ‘have nots’ is growing in many developing nations. Join Chinese talk show host Yang Lan for a conversation on the issue with World Bank Group President Jim Yong Kim and World Bank Chief Economist Kaushik Basu. The live-streamed session will explore why promoting shared prosperity matters and how inequality hinders opportunities for poor people in developing countries.
