Lecture by Mr Guiseppe Zampaglione from the World Bank by Evan L
On the 12th of March the
Economics and Geography department was visited by Giuseppe Zampaglione, who
currently works as a Senior Protection Specialist at the World Bank.
Mr. Zampaglione opened with a brief overview
of the different development projects and initiatives the World Bank supports
and finances. This resonated with all students, as the topic of economic
development and global governance is taught in both syllabi. Indeed, Kirsty
Rogers remarked that “he made economics textbooks come to life”; this reflects
the clarity with which Mr. Zampaglione progressed his ideas and theories on
solving extreme poverty.
The talk focused primarily on Chad and how
the World Bank is trying to improve health care, infrastructure, and education.
Interestingly, Mr. Zampaglione explained that the World Bank is changing its
approach to development, as it realises migrational crises can no longer be
considered short-term humanitarian issues: Chad, for example, has struggled to
develop as a consequence of this predicament for the last few decades.
When Mr. Zampaglione opened the floor for
discussion, a multitude of questions were fielded concerning the lending schemes
of the World Bank, the effectiveness of its policies, and what the future of
the World Bank will look like. To this he responded that “our dream is that we,
the World Bank, will go out of business”, which reflected the commitment of the
World Bank to eradicating poverty. At this point we would like to thank Mr.
Zampaglione for elucidating the workings of the World Bank, which had
previously been an abstract concept for most students. Moreover, we are
thankful to Mr. Shelley for organising an event with such a prolific and
insightful speaker.
Evan L
U6th
IB Economics Students
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