James Wolfensohn
James Wolfensohn
James David Wolfensohn, KBE, AOis an Australian-American lawyer, investment banker and economist who served as the ninth president of the World Bank Group...
NationalityAustralian
ProfessionBusinessman
Date of Birth1 December 1933
CountryAustralia
billion certainly conclude might
It certainly is a surprise, and as you might imagine, we were just about to try and conclude our arrangements for a $3 billion package,
billion congress consider funding immediate needs passage rest subject target
I think the immediate needs of HIPC, subject to the passage by the U.S. Congress of the U.S. contribution, are probably met, ... I think the $2.6 billion to $2.8 billion target is achievable, and then we will need to consider funding the rest of it.
afraid happening jobs legitimate lose outside people scared toward trend
What is happening outside is that people are scared -- they are afraid they may lose their jobs, ... These are legitimate fears, but the trend toward globalization is irreversible.
assistance civil community effective including others performance private reaching society success
We can only have success in partnership with others in the development community, including civil society and the private sector. There must be effective performance in utilizing development assistance -- corruption-free and reaching the poor.
cannot challenge change community fear forces inclusion instrument opportunity poverty realize time together turn wherever
We cannot turn globalization back. Our challenge is to make globalization an instrument of opportunity and inclusion -- not fear and insecurity. With all the forces making the world smaller, it is time to change our way of thinking, time to realize we live together in one world, not two -- this poverty is in our community wherever we live. It is our responsibility.
acting almost government loath relinquish security though
The government of Israel, with its important security concerns, is loath to relinquish control, almost acting as though there has been no withdrawal.
asking bridge build building difficult opportunity side
We are asking for calm, and the opportunity to build a bridge, ... But it's very difficult to build a bridge if only one side is building it.
saying
There is no sense of forcing; There is no sense of insisting; There is no sense of saying that we know better,
build capacity developing economic help nations trying viability
There is no sense in trying to help developing nations develop their capacity and build their economic viability if you don't give them markets.
discussing reach weeks
We've been discussing (these points) for 20 weeks and have yet to reach finality.
maybe next others plans quarter whether year
I am just going to see in the next quarter of this year what my own plans are, and see whether I can still make a contribution, or maybe there will be others who can do better than me.
agreements assumption automatic based convince divides economic faith moral politics teach
One of the assumptions that divides institutions of faith from those based on politics and international agreements is the automatic assumption that you have to teach me spirituality, that you have to give me a moral center, that you must convince me there's more to development than economic mechanisms.
barriers buildings cement difference past understand
One need only look at the cement barriers surrounding these buildings to understand the big difference of the past year.
both capacity chair forward reporting russian
I look forward to reporting to you, both in a Russian capacity but also as this year's chair of the G8. I am here both to report to you and get your guidance.