Most times, life or death is the highest stake a person can play for.
Most times, life or death is the highest stake a person can play for. —Jim Yong Kim
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Most times, life or death is the highest stake a person can play for.
Most times, life or death is the highest stake a person can play for. —Jim Yong Kim
Jim Yong Kim Unexpectedly Resigns As World Bank President #edesonworldnews #jimyongkim #worldbank #worldbankgroup #worldbanknote #trendingtopic #trending #trendingnow #businessnews #currentaffairs2019 #currentaffairsquiz #leadership #nigerians (at Lagos, Nigeria) https://www.instagram.com/p/BsZGPWuHK8M/?utm_source=ig_tumblr_share&igshid=1tdn0f509ewtx
Bos Bank Dunia Mundur, Luhut: Saya Telepon Tanya Kenapa Resign
Liputanviral - Presiden Bank Dunia (World Bank), Jim Yong Kim, mengundurkan diri. Kim akan melepas jabatan itu akhir Januari ini alias tiga tahun lebih cepat dari berakhirnya masa jabatan. Menko Maritim Luhut Binsar Pandjaitan mengaku langsung menelpon Jim Yong Kim saat mengetahui kabar tersebut. Dia bilang, Jim akan akan bergabung dengan institusi swasta yang fokus pada investasi infrastruktur di negara-negara berkembang. "Tadi saya bicara lewat telepon dengan Presiden World Bank yang resign. Saya tanya kenapa resign. Dia bilang ada mau bikin satu infrastructure fund dengan partner untuk emerging market," kata Luhut saat ditemui di kantornya, Jakarta, Selasa (8/1/2019). Dia bilang, Jim Yong Kim menyebut Indonesia merupakan salah satu negara berkembang yang paling menarik sebagai tujuan investasi bidang infrastruktur. Lembaga yang akan ditunggangi Jim Yong Kim nanti tersebut kata Luhut memiliki kapasitas pendanaan hingga US$ 1 triliun. "Mereka siapkan US$ 1 triliun komersial dengan bunga yang lebih bagus. Mereka bisa mobilisasi uang dari berbagai negara," kata Luhut. Dalam keterangan tertulis yang dikirimkan ke email para pegawai Bank Dunia, Kim memang mengaku akan bergabung dengan institusi swasta yang fokus pada investasi infrastruktur di negara-negara berkembang. Kim mengaku tak menduga kesempatan ini datang kepadanya, dan akan memberikan kontribusi terbesar pada masalah-masalah besar seperti perubahan iklim dan minimnya infrastruktur di negara-negara berkembang. Read the full article
World Bank Head Quits.
United Nations, Jan 8 World Bank President Jim Yong Kim has announced that he is stepping down as the head of the premier anti-poverty institution putting the likely choice of its future leadership in the hands of US President Donald Trump, a sceptic of international development. Trump’s role is expected reinvigorate challenges to Washington’s monopoly on appointing the Bank’s head. Announcing his decision on Monday, Kim said in a tweet: “It’s been the greatest privilege I could have ever imagined to lead the dedicated staff of this great institution to bring us closer to a world that is finally free of poverty.” Kim, 59, who is dropping out 19 months into his second term on February 1, would be joining a private company and focus on infrastructure investments in developing countries, the Bank said. The Bank’s CEO Kristalina Georgieva will become the interim president till a successor to Kim is appointed. As the largest share-holder, the US by tradition appoints the head of the Bank, while Europeans determine the chief of the International Monetary Fund. Kim was nominated for the job by former President Barack Obama in 2012. Before Trump’s election, Kim was hastily re-appointed in September 2016 to a second term that began in July 2017 with an eye on pre-empting a possible Trump nominee getting the job. Now, however, Trump will get an opportunity to nominate the Bank’s head. Trump’s role will resurrect and strengthen challenges to the post-World War II model of the leadership of the 189-member bank that has always been determined by the US . Already the US nominee was challenged for the first time in 2012 by two contenders. Colombian economist Jose Antonio Ocampo Gaviria eventually withdrew from the race, while Nigeria’s then-Finance Minister Ngozi Okonjo-Iweala lost when the Bank’s directors rubber-stamped Kim’s appointment. Now there will be robust demands for reconsidering the US leadership of the Bank and stronger non-American contenders for the job. Kim, a South Korea-born US citizen, was an unusual leader for the Bank: He was a medical doctor by training, a specialist in public health and an academic with a Harvard doctorate in anthropology who had led the Ivy League Dartmouth College. But his background in health was a plus for the Bank’s mission of fighting poverty and promoting development. Under his leadership, the Bank adopted in tandem with the UN the goal of ending extreme poverty by 2030 and focusing on the bottom 40 per cent of the population in the developing world. The Bank’s International Development Association, which funds programmes in the least developed countries, achieved two record replenishments during his tenure, the last one in 2016 for $75 billion. Last April, the Bank also increased its capital by $13 billion with the unexpected support of the Trump administration. Kim also pushed the Bank’s cooperation with the private sector for financing development in the developing world, particularly in the areas of climate change and infrastructure. China, though a part of the World Bank, has thrown a challenge to it by setting up its own development banking institutions. The Asian Infrastructure Investment Bank (AIIB), founded in 2016 is one of those institutions and several countries Read the full article
Resignation of World Bank President Jim Yong Kim
World Bank President Jim Yong Kim, who resigned Tuesday, will step down on Feb. 1, and current executive director Kristalina Georgieva will take over as interim director. The term of Jim Yong Kim, 59, normally expired in 2022. The resigning president announced that he would join a company and be responsible for infrastructure development in emerging countries. Read the full article
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World Bank Ajak Dunia Mengadopsi Human Capital Index
Inanews - Isu teknologi yang dapat mengubah lingkungan kerja di masa depan menjadi salah satu topik yang ramai didiskusikan dalam setiap sesi rangkaian Annual Meeting IMF—World Bank Group (WBG) di Bali sepanjang pekan ini. Presiden World Bank Group Jim Yong Kim menyampaikan dalam Rapat Paripurna Annual Meeting IMF—WBG 2018, teknologi dan otomatisasi yang mengancam keberadaan beberapa pekerjaan telah menimbulkan pertanyaan dari berbagai penjuru dunia mengenai langkah yang harus diambil agar masyarakat tetap dapat menopang perekonomian keluarganya. “Berita baiknya adalah kita telah mengetahui jawaban untuk membantu negara bersiap untuk masa depan. Kuncinya adalah memberikan investasi untuk masyarakat,” ujarnya, Jumat (12/10/2018). Kim menjelaskan setiap inovasi memang akan mengubah beberapa bentuk pekerjaan, selanjutnya perubahan itu akan membentuk kesempatan baru dan menghasilkan lapangan pekerjaan yang baru pula. Bank Dunia pun telah merilis perangkat baru untuk membantu menyelesaikan masalah investasi untuk masyarakat, yaitu Human Capital Index, Kamis (11/10). Indeks tersebut memberikan gambaran langsung mengenai hubungan kesehatan dan pendidikan dengan pertumbuhan ekonomi di masa depan. Sejauh ini, sebanyak 28 negara telah berkomitmen untuk menjadi pengadopsi Proyek Modal Manusia (Human Capital Project) dan Bank Dunia akan bekerja sama dengan negara-negara tersebut untuk mendesain rencana meningkatkan kualitas kesehatan dan pendidikan. “Indonesia membuat target yang ambisius untuk mengurangi kekerdilan (stunting), dari 33% menjadi 22% pada 2022. Pemerintah melakukan sejumlah reformasi keuangan—termasuk memberikan pajak untuk rokok—untuk mengumpulkan lebih banyak sumber untuk investasi modal manusia,” imbuhnya. Read the full article
President Barack Obama has made an unconventional pick for his nomination on who should be next to head the World Bank. The World Bank has always been headed by an American since its founding in 1944, but this time Korean-born Jim Yong Kim has the president's backing. Obama wanted to push for nominee with broad development experience, and Kim was suggested by Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton. Jim Yong Kim's pioneering work in the treatment of HIV/AIDS and tuberculosis, made the administration confident that he could be in charge of an organization whose purpose is to assist developing countries. The Dartmouth President, Jim Yong Kim, will be the first of his kind if his nomination is passed by the World Bank's 25-member executive board.