【Close】Seminar "World Development Report 2022: Finance for an Equitable Recovery"

Day:2022.05.11

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Content

Developing countries face growing risks from financial fragility created by the COVID-19 crisis and non-transparent debt, says a new World Bank report. As rising inflation and interest rate increases pose further challenges to recovery, developing countries need to focus on creating healthier financial sectors.

According to World Development Report 2022: Finance for an Equitable Recovery, risks may be hidden because the balance sheets of households, businesses, banks, and governments are tightly interrelated. Today, high levels of non-performing loans and hidden debt impair access to credit, and disproportionately reduce access to finance for low-income households and small businesses.

At this seminar, Leora Klapper, WDR 2022 Director, will explain the main findings of the report, and Yoshino Naoyuki, Professor Emeritus, Keio University, and Harada Tetsuya, Senior Executive Research Fellow, JICA Sadako Ogata Research Institute for Peace and Development, will share comments. This seminar will be held in English and Japanese with simultaneous interpretation.

Program

9:00 Welcome & Introduction

9:05 Keynote speech
Leora Klapper
WDR 2022 Director, World Bank

9:40 Comments
Yoshino Naoyuki
Professor Emeritus, Keio University/ Director, Financial Research Center, Financial Services Agency

Harada Tetsuya
Executive Senior Research Fellow, JICA Sadako Ogata Research Institute for Peace and Development

9:55 Answer to Comments

10:05 Q&A

10:30 Close

Presentation Materials

Inquiry

Omori Koichi, World Bank Tokyo
E-mail:komori@worldbankgroup.org  

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