New World Bank chief to focus on 'market-based' growth

The World's Bank's new president, Jim Yong Kim, has said that capitalist "market-based growth is a priority for every single country".

Dr Kim told the BBC that market-led growth will help create jobs and lift people out of poverty, two issues that were key to global economic growth.

He was chosen as the new president of the World Bank on Monday.

Steve Kingstone reports.