The great struggle of our generation is the global fight to end poverty and build inclusive prosperity while safeguarding the Earth for those who will come after us. At its heart, this is a fight for wiser, more capable governance.”
-World Bank Group President Jim Yong Kim
Daylight Dialogue Speech, Manila, July 15, 2014
During a recent visit to the Philippines, World Bank Group (WBG) President Jim Yong Kim spoke about the imperative of effective governance for ending poverty. His remarks affirmed that good governance is a crucial part of the development agenda. Quoting President Aquino, President Kim also stressed that “good governance is good economics,” and applauded the Philippine government’s powerful “No Corruption, No Poverty” platform.
President Kim defined good governance as delivering public services effectively and efficiently; protecting citizens from violence and ensuring the rule of law; choosing wise policies and investments; maintaining public assets; fostering a transparent regulatory environment that allows the private sector to create good jobs; and directly confronting corruption so citizens have trust in institutions.