{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='IMF\u0026#39;\u0026#39;s Lagarde and World Bank\u0026#39;\u0026#39;s Zoellick hold joint media conference' data-url='/boclips/videos/5c54bf5ad8eafeecae142836' data-video-url='/boclips/videos/5c54bf5ad8eafeecae142836' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nIMF\u0026#39;\u0026#39;s Lagarde and World Bank\u0026#39;\u0026#39;s Zoellick hold joint media conference\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Pan right of panel entering venue for news conference of the policy-setting committees of the 187-nation International Monetary Fund (IMF), and its sister lending institution, the World Bank2. SOUNDBITE: (English) Rober Zoellick,...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Pan right of panel entering venue for news conference of the policy-setting committees of the 187-nation International Monetary Fund (IMF), and its sister lending institution, the World Bank\u003cbr/\u003e2. SOUNDBITE: (English) Rober Zoellick, World Bank President:   ++STARTS ON WIDE SHOT, ZOOMS IN++\u003cbr/\u003e\"The Development Committee meeting is important for the World Bank because it enables us to hear directly from our shareholders beyond the normal country dialogues, and in concert with other countries. This invaluable interaction helps us to make improvements to our work in order to better serve our clients: developing countries.\"  \u003cbr/\u003e3. Cutaway wide shot of news conference\u003cbr/\u003e4. SOUNDBITE: (English) Christine Lagarde, Managing Director of the International Monetary Fund:  ++STARTS ON WIDE SHOT, ZOOMS IN++ \u003cbr/\u003e\"Concerning the economic situation, the low-income countries are doing relatively well in the current circumstances. Emerging and developing economy growth has been in the range of 5 to 6 percent, and is predicted, forecast, to be in the same range of numbers in 2012, so compared with other forecasts for advanced economies, for instance, it''s a very good level of growth that is forecast.\"   \u003cbr/\u003e5. Cutaway of news conference\u003cbr/\u003e6. SOUNDBITE: (English) Christine Lagarde, Managing Director of the International Monetary Fund:\u003cbr/\u003e\"In terms of policy recommendations, what certainly the Fund has recommended, in its various publications and review, is to make sure that the low-income countries rebuild their strengths and to that extent that they rebuild their buffers. They had developed policy buffers that have protected them during the crisis that have been eroded as a result of the crisis. That needs to be rebuilt.\"   \u003cbr/\u003e7. Wide of news conference\u003cbr/\u003eThe head of the International Monetary Fund (IMF) said on Saturday that low-income countries were doing \"relatively well\" compared to advanced economies in the current financial turmoil, but urged them to \"rebuild their strengths\" that had been \"eroded as a result of the crisis.\"\u003cbr/\u003eSpeaking during a news conference of the policy-setting committees of the 187-nation International Monetary Fund (IMF) and its sister lending institution, the World Bank in Washington, DC, Managing Director Christine Lagarde said that \"emerging and developing economy growth has been in the range of 5 to 6 percent and is predicted, forecast to be in the same range of numbers in 2012.\"\u003cbr/\u003e\"So compared with other forecasts for advanced economies, for instance, it''s a very good level of growth that is forecast,\" Lagarde said.\u003cbr/\u003eHowever, Lagarde also urged low-income countries \"to rebuild their buffers.\" \u003cbr/\u003e\"They had developed policy buffers that have protected them during the crisis that have been eroded as a result of the crisis. That needs to be rebuilt,\" Lagarde told reporters.      \u003cbr/\u003eThe debate at the meeting in Washington DC was centred on the European debt crisis that threatens to plunge the world into another deep recession. \u003cbr/\u003eGlobal finance officials pledged to take bolder moves to confront the crisis but sharp disagreements about exactly what to do can''t offer much reassurance to markets rocked by uncertainly in recent weeks.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' 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