Event Recap

New Atlanticist

Apr 5, 2023

David Malpass on China’s role in the World Bank and how to prevent a ‘lost decade for growth’

By Katherine Walla

The president of the World Bank, speaking at the Atlantic Council as he prepares to hand over the reins to his successor, has one big worry about the global economy: a “reversal in development.” 

Digital Currencies Economy & Business

The Atlantic Council GeoEconomics Center hosted an AC Front Page event featuring David Malpass, president of the World Bank Group, on April 4, 2023. Malpass participated in this keynote event at the Atlantic Council studios one week before the world’s finance ministers and central bank governors convene in Washington for the World Bank-International Monetary Fund Spring Meetings.

A global cost of living crisis, supply-chain disruptions, and climate change threaten growth prospects for developing countries, with some at risk of debt default in 2023. Sustainable, efficient mobilization of both public and private capital is vital to ensure prosperity for the decade ahead. Malpass shared his vision for how the World Bank Group can respond to global challenges and help foster inclusive growth around the world. Malpass participated in a fireside chat moderated by Lisa Abramowicz, co-host of “Bloomberg Surveillance.”

The GeoEconomics Center presented this live event as part of the Atlantic Council’s #ACFrontPage event series, our premier ideas platform spotlighting global leaders and championing constructive solutions to global challenges. From publishing timely commentary and analysis, to providing a platform for leaders re-imagining the global financial system, the GeoEconomics Center works at the intersection of foreign policy, finance, and economics to help shape a better global economic future.

An #ACFrontPage Event

Atlantic Council Front Page is our premier live ideas platform for global leaders to discuss the defining challenges of our time. #ACFrontPage is a high-level event series featuring top newsmakers across multiple digital platforms. Harnessing the convening power and expertise of the Council’s sixteen programs and centers, #ACFrontPage leverages the Council’s capabilities in social media, press, and digital outreach to spotlight the world’s most prominent leaders and the most compelling ideas across sectors and engage new audiences eager for nonpartisan and constructive solutions to current global challenges. This widely promoted program features the Council’s most important guests and content serving as the highlight of our programming.


David Malpass
World Bank Group


Lisa Abramowicz
Co-host of Bloomberg Surveillance on TV & radio
Bloomberg LP

Bretton Woods 2.0 Project

The Bretton Woods 2.0 Project examines the deep challenges facing the Bretton Woods Institutions and works to reimagine the governance of international finance for the modern global economy.

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At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.