4
Shared Docs
4
Same-Page
4 / 5
Mentions
the M-SWF could invest in building a high-speed railway in the U.S., a hotel in Rwanda, an oil refinery in Vietnam, or a mining services company in Mongolia, all in need of capital for such investments that would increase the future productivity of these economies, not to mention creating immediate local
ident Robert Zoellick proposed that SWFs channel I% of their assets to productive and profitable projects in developing countries such as in Africa. World Bank's private sector arm International Finance Corporation (IFC) subsequently set up a subsidiary IFC Asset Management Company to pool assets from SWFs fo
rging markets. Joseph Stiglitz of Columbia University recently argued for the importance of channeling surplus into productive uses in his speech at the World Bank in September. For the concept of pooled investable assets to work, we need three primary principles, so the fund could be structured attractively to
tion in the core. Structural reforms, too, will be needed. According to the World Bank's "Doing Business" rankings, it is easier to do business in Mongolia than it is in Italy. On this front, we are heartened by the announcement this year of a host of new reforms in Italy, including an overhaul of lab
ssitates painful tradeoffs between deflation in the periphery and inflation in the core. Structural reforms, too, will be needed. According to the World Bank's "Doing Business" rankings, it is easier to do business in Mongolia than it is in Italy. On this front, we are heartened by the announcement this ye
From: Lawrence H. Summers < Sent: Monday, October 26, 2015 3:33 PM To: Jeffrey Epstein Cc: Ihsoffice Subject: Fwd: Mongolia Do I want to be doing this? Sent from my iPhone Please direct all scheduling inquiries to my office at Follow me on=twitter @lhsummers www.larry
n> Many thanks in advance and I hope this will work out. Best regards, Bert Bert Hofman World Bank Country Director China, Korea, Mongolia for World Ban= On Oct 26, 2015, at 21:25, Fred Hu Hi Julie, wrote: It should be possible . Let me connect you =irectly with my friend Bert Hofman who is the Chi
From: jeffrey E. <[email protected]> Sent: Monday, October 26, 2015 3:39 PM To: Lawrence H. Summers Subject: Re: Mongolia i wouldn't. dont know why world bank= involved. screws up any future deal = mers Do I want to be doing this? Sent from my iPhone Please direct a
5, at 21:25, Fred Hu rote: Hi Julie, It should be possible . Let me connect you =irectly with my friend Bert Hofman who is the China director for World Ban= in Beijing , so that you can discuss and co=rdinate as appropriate . Regards, 2 EFTA_R1_01601279 EFTA02483822 Fred Hu, Ph.D. Chairman Primav
Entities connected to both Mongolia and World Bank

Jeffrey Epstein
PERSON
Larry Summers
PERSON
Terje Rod-Larsen
PERSONLeon Black
PERSON
John F. Kennedy
PERSON
Robert Gates
PERSON
Lawrence Krauss
PERSONMaria Farmer
PERSON
Woody Allen
PERSON
Reid Weingarten
PERSON
Marc Rich
PERSON
Prince Andrew
PERSON
Prince Charles
PERSON
Boris Nikolic
PERSON
Glenn Dubin
PERSON
George W. Bush
PERSON
Donald Trump
PERSON
United States
LOCATION
Vietnam
LOCATION
Barack Obama
PERSON