Jim Yong Kim, President of the World Bank Group, spoke about how theBank and other institutions can help boost shared prosperityand reduce inequality around the world. He talked about theimportance of measuring income growth among the bottom 40percent and compared that to the general population, butstressed that income alone cannot fully capture whether thebottom 40 percent are sharing in the prosperity of acountry. Kim also spoke about the terrible consequences wheninstitutions have too low aspirations for the poor, whichthe world is once again learning in its late response to theEbola epidemic. He discussed that it's not only a moralimperative for countries to come to the aid of the threecountries most affected by the epidemic, Guinea, Liberia,and Sierra Leone, but also an economic imperative to respondas rapidly and effectively as possible now before theepidemic spreads much wider.
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