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World Bank’s New Chief Calls for a Fresh Playbook to Rev Up Private Investment in Emerging Markets
Armed with Informed Risk-Taking: The World Bank’s Bold Move By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president, Ajay Banga, said on Sunday. Banga told CNN’s “Fareed…