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Development is how we compete, grow, and stay secure - Caribbean News Global

Summary by Caribbean News Global
Private investment flows only where the right conditions exist and where there’s a clear probability of return By Ajay Banga The World Bank was not born of altruism, but of strategic design. Its original purpose, shaped by US interests, was to forge a global economic landscape ripe for private sector investment. This wasn’t charity—it was a calculated move to promote economic growth and prevent instability. Over time, our mission has evolved, so…
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Development is how we compete, grow, and stay secure - Caribbean News Global

Private investment flows only where the right conditions exist and where there’s a clear probability of return By Ajay Banga The World Bank was not born of altruism, but of strategic design. Its original purpose, shaped by US interests, was to forge a global economic landscape ripe for private sector investment. This wasn’t charity—it was a calculated move to promote economic growth and prevent instability. Over time, our mission has evolved, so…

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Caribbean News Global broke the news in on Sunday, April 6, 2025.
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