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
developing dollar dramatic eight growing looking next rich seven trillion
We are also looking economically at an 8 trillion dollar economy, in the developing world growing seven to eight times in the next 50 years and the rich world 2 1/2 times. These are dramatic shifts.
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.
bring countries developed developing encourage growth hope interest peaceful poverty recognize stability unless
...It is our hope that we will be able to encourage the developed countries to recognize that it is in their interest to bring poverty alleviation in the developing world because we are one world, and unless we get stability and growth in the developing world, we are not going to have a peaceful world,
afforded bring challenges continuity deep developing fighting knows mission programs remarkable team understanding work
His work in the developing world has afforded him a deep understanding of the many challenges of development. He knows what a remarkable institution this is, he appreciates its outstanding team of development professionals, and I know he will bring continuity to its programs and its mission of fighting poverty.
discussion respect shutting wins
We respect the demonstrators' right to protest, but who wins by shutting down discussion of some of the world's most pressing problems?
collapse facing financial solution unless within
Unless a solution is found, we may be facing the financial collapse of the PA within two weeks.
coming ensure financial looking package pressure relieved together
We are looking to put together a package which will ensure the financial pressure is relieved for the coming period.
needs way poverty
So the first thing you need to do about conflict is to prevent it, and the best way of preventing it is by dealing with the question of poverty.
children peaceful development
I was deeply concerned then, and have become more concerned since, that unless we can deal with the questions of development and the questions of poverty, there's no way that we're going to have a peaceful world for our children.
people today poverty
Too many of the conflicts which are caused today are caused by the problems that emerge from people who are in poverty.
issues poverty firsts
The first thing that you need to deal with is the issue of equity and poverty.
reality village becoming
The notion of the world as a village is becoming a reality.
horse winning outsiders
But when someone is on a winning horse, and everything looks wonderful, it's very hard as an outsider to persuade them something is wrong.
play people looks
As you look at the flow of Muslim fundamentalism, or fundamentalism in various areas and various religions, they all play on the people who have very little.