Ajay Banga
Showing 1–2 of 2 transcripts.
- Milken Institute1h 3m
Business and the Global Economy: Driving Growth and Innovation | Global Conference 2025
Conrad Kiechel, Gerard Baker, Ajay Banga, Mariam bint Mohammed AlMheiri, Rich Lesser, Gilberto Tomazoni, Jerry Baker
At the 28th Milken Institute Global Conference, panelists led by World Bank officials and BCG executives discussed strategies to navigate global trade fragmentation and a looming labor surplus in developing nations. The discussion highlighted the critical need for public-private partnerships to fund infrastructure and energy grids capable of supporting both AI adoption and agricultural transformation. Experts concluded that while geopolitical tensions threaten traditional globalization, targeted regional integration and regulatory reforms can unlock new growth vectors for the global economy.
- The Economist7 min
The World Bank chief on Donald Trump
Donald Trump, Ajay Banga, Zanny Minton Beddoes, RJ Banga
The event analyzes the structural shift in global trade toward nearshoring and bilateral deals driven by the Trump administration's tariff policies while detailing the World Bank's strategic pivot to prioritize climate resilience and local consumption in the Global South. To bridge the funding gap for emerging markets, the institution has raised its climate financing target to 45% by 2025 and actively mobilizes private capital through expanded political risk guarantees and local currency swaps. Despite these efforts, the discussion concludes that current investment levels remain insufficient and that the Bank maintains a cautious stance on nuclear energy, waiting for Small Modular Reactors to achieve commercial viability before providing direct support.