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
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.
night eight people
What we need to do is increase the totality of money that is given to the poorest areas and then we can do more on prevention but we have crucial needs at the moment just to get people out of poverty and to get the eight hundred million people that go to bed at night hungry, give them some food and some hope.
two people dollars
We have three billion people, half the world's population today, living on less than two dollars a day.
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.
issues poverty firsts
The first thing that you need to deal with is the issue of equity and poverty.
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.
change moving status-quo
If you're changing the status quo, whatever move you make is disrupting something else.
loss skills culture
In this time of globalization, with all its advantages, the poor are the most vulnerable to having their traditions, relationships and knowledge and skills ignored and denigrated, and experiencing development with a great sense of trauma, loss and social disconnectedness.
past hands differences
The future is in our hands. We are not hapless bystanders. We can influence whether we have a planet of peace, social justice, equity, and growth or a planet of unbridgeable differences between peoples, wasted resources, corruption, and terror.
arisen colleagues distress feeling problems share
I share with my colleagues the feeling of distress from the problems that have arisen on the streets,
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,
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.
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.