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Remarks at the Annual Conference on Development Economics / James D Wolfensohn.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Wolfensohn, James D.
- Series:
- Speeches of World Bank Presidents
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Crime.
- Education.
- Environment.
- Equity.
- Fiscal & Monetary Policy.
- Fiscal Policy.
- Infrastructure.
- Knowledge for Development.
- Legal System.
- Macroeconomics and Economic Growth.
- Open Markets.
- Participations and Civic Engagement.
- Political Economy.
- Poverty.
- Private Sector.
- Roads.
- Sanitation.
- Social Development.
- Social Inclusion & Institutions.
- Sustainable Land Management.
- Local Subjects:
- Crime.
- Education.
- Environment.
- Equity.
- Fiscal & Monetary Policy.
- Fiscal Policy.
- Infrastructure.
- Knowledge for Development.
- Legal System.
- Macroeconomics and Economic Growth.
- Open Markets.
- Participations and Civic Engagement.
- Political Economy.
- Poverty.
- Private Sector.
- Roads.
- Sanitation.
- Social Development.
- Social Inclusion & Institutions.
- Sustainable Land Management.
- Place of Publication:
- Washington, D.C. : The World Bank, 1998.
- System Details:
- data file
- Summary:
- James D. Wolfensohn, President of the World Bank Group, discussed that it is crucial to have economic growth and it is crucial to adhere to policies which are tried and true in terms of balance, in terms of equilibrium, in terms of monetary, and fiscal policy. The real issues are how can one deal with poverty within the framework of environmental sustainability, with inclusive and sustainable programs, with participation, and with results that can make a big enough difference. In the last seven years there has been a fantastic change in the weighting between the net flow of funds from the official institutions compared with the private sector-to the point where today private sector flows are six times official flows. The Bank is trying to deal with these new interfaces: working with the clients in a more responsive and less dogmatic fashion; asking how one can differentiate between economies; building a knowledge bank so that the Bank can leverage knowledge as a key driver of development.
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