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The future of the World Bank: In conversation with Vice President for East Asia and Pacific, Manuela V. Ferro

May 15, 2023

The World Bank recently released its “Evolution Roadmap”, aimed at responding more efficiently to growing poverty reduction needs and better addressing climate change challenges.

While the roadmap provides a good starting point — outlining the evolution of the bank’s mission, operations and financing model — it falls short in providing concrete and detailed strategies to achieve an ambitious reform.

To discuss the roadmap and the future of the World Bank, Deputy Director of the Lowy Institute’s Indo-Pacific Development Centre Alexandre Dayant sat with Manuela V. Ferro, the World Bank Vice President for East Asia and Pacific. An economist and engineer by training, Ms Ferro has more than 25 years of hands-on and leadership experience in Africa, Europe, Latin America, the Caribbean, the Middle East, North Africa and South Asia. She has shaped creative development solutions for multiple and diverse countries, from post-conflict low-income nations to upper middle-income states.

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