Jim Yong Kim
Showing 1–5 of 5 transcripts.
- Milken Institute57 min
Filling the Global Infrastructure Gap
Brian Sullivan, David Bohigian, Jim Yong Kim, Raymond J. McGuire, Hiromichi Mizuno, Angela Rodell, Ray McGuire
A high-level forum featuring global financial leaders and development officials addressed the critical $2.7 trillion annual infrastructure gap in emerging markets, where private capital currently constitutes a mere fraction of total investment. Participants debated strategies to bridge this divide by aligning impact mandates with mid-to-high teen return expectations while leveraging tools like political risk insurance and the newly rebranded Development Finance Corporation to de-risk projects. The dialogue concluded with a consensus on the necessity of "high-quality" standards, universal ownership frameworks, and specific "dream projects" such as Sahel solar farms to mobilize the trillions of dollars in available global assets.
- Milken Institute1h 6m
MIc'd Up | The Sustainability Revolution, With Al Gore
Al Gore, Eric Garcetti, Jim Yong Kim
At the Milken Institute's "Sustainability Revolution" summit, Los Angeles Mayor Eric Garcetti, former Vice President Al Gore, and World Bank President Jim Yong Kim converged to discuss the economic and environmental synergy of transitioning from fossil fuels to renewable energy. Garcetti detailed how Los Angeles achieved an 11% emissions drop alongside a 75% faster job growth rate than the national average, while Gore highlighted that extreme weather events are becoming statistically probable and renewable costs have fallen below those of coal. Complementing these insights, Kim emphasized the World Bank's commitment to allocating 30% of its resources to climate change and argued that integrating ESG factors is increasingly a fiduciary necessity for maximizing market returns.
- Milken Institute1h 13m
Lunch Program | Promoting Prosperity in a World in Transition
Michael Klowden, Michael Milken, Jane Harman, Jim Yong Kim, Tidjane Thiam
At the midpoint of the Milken Institute Global Conference, a high-level panel featuring former Secretary Robert Gates, Paul Ryan, and leaders including Jane Harmon, Dr. Jim Yong Kim, and Tijan Fafé analyzed the economic imperatives of global prosperity and the $4 trillion gap required to meet Sustainable Development Goals. The discussion centered on leveraging private sector innovation and demographic shifts in emerging economies to fund critical investments in human capital, health, and education, culminating in the launch of the Disruptive Technology for Development fund to support infrastructure leapfrogging in developing nations. Speakers emphasized that addressing instability in Africa and the Middle East through targeted rule of law and wealth management strategies is essential for preventing future conflict and securing long-term global security.
- Milken Institute1h 12m
The Future of Health 2018
Tanisha Carino, Francis Collins, Diana DeGette, Jim Yong Kim, Michael Milken, Rajiv Shah
At a recent biomedical and economic conference, leaders discussed the transformative $3 billion 21st Century Cures Act and the ambitious "All of Us" program, which aims to recruit one million participants to generate personalized genomic and health data while addressing the opioid crisis through standardized research. Complementing these health initiatives, the World Bank introduced a Human Capital Index to rank nations on health and education outcomes, urging G20 leaders and investors to fund early development and infrastructure to mitigate global risks like automation-driven inequality and obesity-related economic burdens. These strategies collectively emphasize that sustained economic growth and stability depend on treating human capital investment as a critical driver of national sovereignty and future market resilience.
- Milken Institute1h 21m
Lunch Program: A Conversation with Wilbur L. Ross, Jr., Jim Yong Kim and Jamie Dimon
Wilbur L. Ross, Jr., Jim Yong Kim, Jamie Dimon, Michael Klowden, Willow Bay, David Rubenstein
The 20th Milken Institute Global Conference convened approximately 4,000 attendees from 60 nations to address the theme of "Building Meaningful Lives" through strategic pillars of capital access, job creation, and health. Key figures including U.S. Commerce Secretary Wilbur Ross, World Bank President Jim Yong Kim, and JPMorgan Chase CEO Jamie Dimon presented diverging perspectives on trade policy, global development, and domestic infrastructure reform. Their discussions emphasized shifting from GDP-centric metrics to human capital investment, while outlining specific strategies to overcome regulatory hurdles and automate job transitions to drive future economic growth.