I have very clear ideas about what it’s going to take to end extreme poverty and to share prosperity. In fact, this is what I’ve been doing my whole … - Jim Yong Kim

In the private sector, companies have experts running all over the place figuring out the details of how to solve particular problems, and then they share them with the rest of the organization. But in global health, global education, or global development, that’s been really difficult to do.

We’re thinking about other ways we can bring the organizations together. It was always intended that the UN, a political organization focused on justice and development, would work together with the financial organizations in order to make the world a better place.

In 1990, East Asia, South Asia, and Africa all had the same percentage of people living in extreme poverty: 55 percent. Now, East Asia is at ten percent, and South Asia has gone down to 30 percent. In Africa, it’s still 55 percent. Why did we succeed in East Asia, and why are we falling behind in Africa? This year, we’re going to be lending over $60 billion. That seems like a lot of money, but every year, sub-Saharan Africa requires about $100 billion in new investment in infrastructure.