A joint seminar organized by the World Bank and the National Bank of Poland (NBP) held at NBP’s head office in Warsaw discussed the issue of economic development in a transforming world.
NBP’s First Deputy President, Piotr Wiesiolek, said that new trends and models are necessary when looking at economic development in the context of a changing and evolving world.
“Central bankers usually spend little time talking about development and development assistance. They usually talk about growth. But, as we have learned over the years, economic growth and development are closely interconnected and one may not be easily sustained without the other,” said Wiesiolek.
World Bank Managing Director Caroline Anstey attended the event during her two-day visit to Poland April 12-13th. In her presentation, Democratizing Development in a Transforming World, Anstey said that to stay relevant, today’s models of global growth must take into account the multi-polar distribution of economic clout and the rising influence of emerging markets. She also discussed what Poland could bring to the table.