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NEW World Bank president nominee Ajay Banga.

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WORLD VIEW: Development crisis threatens small states

“THE world is facing a crisis of development.” Those are the first words of a paper from officials of the World Bank Group (WBG), setting out a proposed roadmap for “urgent action” to tackle the “growing crisis of poverty and economic distress, and global challenges, including climate change, pandemic risks, and rising fragility and conflict”.


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