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Archive for category: David Malpass

David Malpass is an American economist who served as the President of the World Bank Group from April 2019 to June 2023. He has extensive experience in international financial institutions and focuses particularly on development finance, economic growth, and poverty alleviation worldwide.

David Malpass on the World Bank: The Key to Vaccine Distribution in Developing Countries

“The immediate problem is indemnification. Pfizer has been hesitant to go into some of the countries because of the liability problems, they don’t have a liability shield. So we work with the countries to try to do that. But I think also some of the other vaccine manufacturers may be able to go into countries because they’re operating through subsidiaries. This is all something that we’re exploring, and our goal, my goal, is to have vaccines available throughout the developing world based on what their countries decide. We’ve got financing available but the countries need to choose systems and then begin buying or receiving the vaccines.”

David Malpass

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