Securing Good Development Outcomes: Global Growth Challenges & Opportunities


World Bank policy-signalling address  at McGill University by President David Malpass and co-discussant Isabelle Bajeux-Besnainou, Dean of Desautels Faculty of Management.
Image by Owen Egan.

Securing Good Development Outcomes: Global Growth Challenges & Opportunities

Important policy-signalling address by Mr. David Malpass, President World Bank Group

Monday, October 7, 2019 – 4:00 – 5:10 pm

3:15 pm Doors open and registration

4:00 pm Policy-signalling address

4:30 pm Q & A with students

5:00 pm Closing remarks

Read transcript >

Pollack Hall, Strathcona Music Building, 555 Sherbrooke Street West, Montreal, Quebec H3A 1E3

Current McGill students and faculty members are invited to join Prof. Suzanne Fortier, Principal and Vice-Chancellor of McGill University, for a speech delivered by Mr. David Malpass, President of the World Bank Group, entitled Securing Good Development Outcomes: Global Growth Challenges and Opportunities. This special event will take place on October 7th at 4 pm in Pollack Hall in the Strathcona Music Building (555 Sherbrooke Street West).

Every year the World Bank presents this important policy-signalling address from a leading academic institution ahead of its general assembly in Washington, D.C.

General registration is restricted to current McGill students and faculty members and must occur in advance of the event.
A valid McGill ID card must be presented at the door to gain entrance to Pollack Hall.
Seats are unassigned and will be available on a first-come-first-served basis as of 3:15 pm. Please arrive early!


David R. Malpass: 13th President of the World Bank Group

David R. Malpass was selected as 13th President of the World Bank Group by its Board of Executive Directors on April 5, 2019.  His five-year term began on April 9.

Mr. Malpass previously served as Under Secretary of the Treasury for International Affairs for the United States.  Mr. Malpass represented the United States in international settings, including the G-7 and G-20 Deputy Finance Ministerial, World Bank–IMF Spring and Annual Meetings, and meetings of the Financial Stability Board, the Organization for Economic Cooperation and Development, and the Overseas Private Investment Corporation. 

In 2018, Mr. Malpass advocated for the capital increase for the IBRD and IFC as part of a reform agenda featuring sustainable lending practices, more efficient use of capital, and a focus on raising living standards in poor countries.  He was also instrumental in advancing the Debt Transparency Initiative, adopted by the Bank Group and the IMF, to increase public disclosure of debt and thereby reduce the frequency and severity of debt crises.       

Before joining the U.S. Treasury, Mr. Malpass was an international economist and founder of a macroeconomics research firm based in New York City.  He served as chief economist of Bear Stearns and conducted financial analyses of countries around the world.

Previously, Mr. Malpass served as the U.S. Deputy Assistant Secretary of the Treasury for Developing Nations and Deputy Assistant Secretary of State for Latin American Economic Affairs.  He focused on an array of foreign policy and development issues, including U.S. involvement in multilateral institutions; the Bank Group’s 1988 capital increase, which supported the creation of the Bank’s environment division; the Enterprise for the America’s Initiative; and Brady bonds to address the Latin American debt crisis. He also served as Senior Analyst for Taxes and Trade at the U.S. Senate Budget Committee, and as Staff Director of the Joint Economic Committee of the U.S. Congress.

Mr. Malpass has served on the boards of the Council of the Americas, Economic Club of New York, National Committee on U.S.–China Relations, Manhattan Institute, and Gary Klinsky Children’s Centers, as well as various for-profit entities.  He is the author of numerous articles on economic development.

Mr. Malpass earned his bachelor’s degree from Colorado College and his MBA from the University of Denver.  He was a CPA and undertook advanced graduate work in international economics at the School of Foreign Service at Georgetown University and has studied Spanish, Russian, and French. 

Isabelle G. Bajeux-Besnainou: Dr. Isabelle Bajeux-Besnainou has served as Dean of the Desautels Faculty of Management at McGill University since September 2015.

Under her leadership, the Faculty has launched a Master of Management in Finance, a Master of Management in Analytics, a series of interdisciplinary minors in Entrepreneurship for undergraduate students, and program offerings in data analytics at several levels. Dean Bajeux-Besnainou has also led strong efforts in the hiring of professoriate, and managed the expansion of the Faculty’s physical facilities through the acquisition and renovation of the Donald E. Armstrong Building, which opened in January 2018. Most recently, she spearheaded the creation of the innovative Bensadoun School of Retail Management, dedicated to the future of retail. The School will build on the University’s strengths in management, AI, sustainability, agriculture, and science, among others.

Prior to joining Desautels, Dean Bajeux-Besnainou was Associate Dean of Undergraduate Programs at the George Washington University School of Business for three years after serving as the Chair of the Finance Department. During this time, she developed a new Bachelor of Science degree program and reformed the Bachelor of Business Administration. As a firm believer in the value of interdisciplinary studies, she designed these two programs to require a major or minor outside of the Business School.

Dean Bajeux-Besnainou is an alumna of the École Normale Supérieure (ENS) Paris in Mathematics and earned a doctorate in Mathematics Applied to Finance in 1989 from Université Paris-Dauphine. She has taught extensively at various universities and her research interests relate to asset pricing, portfolio management, and credit risk, among other topics. Her work has been published in academic journals such as Management Science, Mathematical Finance, Journal of Economic Dynamics and Control, American Economic Review, and Journal of Business.

Dean Bajeux-Besnainou is currently Co-Chair of the Global Council on the Future of Consumption for the World Economic Forum. She has also served as a speaker at events across North America, Europe and Asia, including the Bloomberg Tomorrow's Talent Conference in New York City and Les Rencontres Économiques d'Aix-en-Provence. Dean Bajeux-Besnainou has been featured in various media such as Financial Times, Globe and Mail, Bloomberg, Fast Company, and Les Échos.


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