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We want a poverty-free world on a liveable planet, says Ajay Banga, President of the World Bank

Developed by 2047 agenda: The administration needs to be retooled to reach this ambitious goal

The broad point is that most the ‘basics as understood and defined by the bureaucracy in the past century need to change, because they may not present the challenge they once did. In other words, the floor has to move up with rising aspirations. For that, the administration needs to be retooled to address the challenges of an emerging economy seeking a developed-economy status.

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