World Bank president Jim Yong Kim and IMF managing director Christine Lagarde before a meeting of the Development Committee at the World Bank Headquarters in Washington on October 8, during the 2016 Annual Meetings of the IMF and World Bank Group, held from October 7-9. Photo: EPA

Why the global fight against extreme poverty must start with the rich and powerful

Kevin Rafferty says bold words and brave ambitions will have no impact unless leaders challenge elite vested interests to ensure the poorest have a stake in their national future

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World Bank president Jim Yong Kim and IMF managing director Christine Lagarde before a meeting of the Development Committee at the World Bank Headquarters in Washington on October 8, during the 2016 Annual Meetings of the IMF and World Bank Group, held from October 7-9. Photo: EPA
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