Countries pursuing stabilizing policies (fiscal discipline, stable currencies, market-based pricing) immediately attract private capital inflows; the World Bank's role is to help countries adopt these policies and create enabling conditions (capital markets development, rule of law) for private investment.
causalpending
Speaker
David MalpasEvidence Quote
“when a country even including weaker countries put in stabilizing policies the markets respond right away they look ahead they say aha you've come into my range of risk tolerance”
Source
Fix the global debt crisis before it's too late, warns World Bank's David Malpass— GZERO MediaCreated: 8/12/2026, 6:44:21 PM
My Notes
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