The World Bank can play a bigger global role

It should rise above politics and take on pressing global "public" problems such as the impact of climate change

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New leadership at the World Bank following the surprise resignation of its president, Dr Jim Yong Kim, is an opportunity for the largest multilateral development bank to strengthen its global reach and impact.

Beyond fighting poverty, the World Bank must become a true agent of development change that works with low-, middle-and high-income countries to tackle the dangers of climate change, widening income gaps and hindrances to open world trade.

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A version of this article appeared in the print edition of The Straits Times on February 28, 2019, with the headline The World Bank can play a bigger global role. Subscribe