Word: wolfensohn
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...addition to winning over his new colleagues, Wolfowitz confronts an equally daunting challenge if he hopes to change the way the World Bank does business. The Bank has changed from its early days when it focused mainly on funding huge infrastructure projects such as dams and bridges. Under James Wolfensohn, president for the past 10 years, more lending has gone into programs to improve governance, health and education. But some countries, such as Tanzania, have found that educated and healthy people are still poor if they lack jobs. One of Wolfowitz's big challenges will be to kick-start growth...
...Bank. The Bank is more than the principal multilateral agency for aid and assistance to the developing world. It can also change the intellectual landscape in which development is discussed. The fact that cracking down on corruption is vitally important to economic success was almost entirely disregarded until James Wolfensohn - who will leave the presidency of the Bank this year - made clean government a crusade. Brown does not just have the intellectual smarts to lead the Bank - though he has them in spades. During his time as Chancellor, he has also shown a rare and genuine compassion for the poor...
...imposed upon it. (For example, a bankruptcy law widely viewed within Thailand as too friendly to creditors was effectively imposed in 1998; today Thailand is moving toward adoption of a law that balances creditor and debtor interests.) Ownership requires participation in the decision making; as World Bank president James Wolfensohn has put it, the "country should be in the driver's seat." While critics have said that effective control remains in the hands of the instructor (the IMF and World Bank), the fact is that - especially in many of the World Bank's country programs - there has been a real...
...beat this deadly disease, African nations will need to devote resources that they do not have. African nations spend only $165 million a year to combat AIDS. But according to James Wolfensohn, president of the World Bank, an effective and comprehensive prevention program for sub-Saharan Africa would cost $2.3 billion a year...
...Indeed, Wolfensohn had become an outspoken critic of IMF policy after he judged that the international lender had actually exacerbated the economic crisis in countries such as Indonesia two years ago by insisting on harsh austerity measures as a condition for a financial bailout - which made the poorest and most vulnerable members of society pay the price for the errors of that nation's notoriously corrupt elite. Wolfensohn on Tuesday even saluted the demonstrators. "I believe deeply that many of them are asking legitimate questions, and I embrace the commitment of a new generation to fight poverty," said Wolfensohn...