Roundtable Discussion on Economic Development, Georgia State, GA, December 11, 2006 [electronic resource] / Paul Wolfowitz.
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TextSeries: Speeches of World Bank Presidents | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2006Description: 1 online resource (1 p.)Subject(s): Accountability | Bank Accounts | Business Environment | Civil Society Organizations | Corruption | Developing Countries | Economic Development | Federal Reserve | Finance | Foreign Direct Investment | Globalization | Governance | Grants | Infrastructure | Land | Leadership | Loans | Macroeconomics | Macroeconomics and Economic Growth | Microcredit | National Governance | Natural Resources | Politics | Poverty | Private Investment | Private Sector Development | Public Policy | Public Sector Development | Small Businesses | Trust | ViolenceOnline resources: Click here to access online Abstract: Paul Wolfowitz, President of the World Bank, and Ambassador Andrew Young engaged in a roundtable discussion on economic development, moderated by Dean Bahl of Georgia State. Wolfowitz has made Africa the first priority of the Bank. There is really a chance for Africa to turn the corner. It's going to have to start with the best performers, doing what the so-called Tigers did in East Asia, showing the way for other countries. Young said you can make more money honestly in a growing economy, than you can steal in a dying economy. Wolfowitz gave examples of the turnaround in Africa. Africa needs an environment where foreign investment support and local domestic investment is even more important.
Paul Wolfowitz, President of the World Bank, and Ambassador Andrew Young engaged in a roundtable discussion on economic development, moderated by Dean Bahl of Georgia State. Wolfowitz has made Africa the first priority of the Bank. There is really a chance for Africa to turn the corner. It's going to have to start with the best performers, doing what the so-called Tigers did in East Asia, showing the way for other countries. Young said you can make more money honestly in a growing economy, than you can steal in a dying economy. Wolfowitz gave examples of the turnaround in Africa. Africa needs an environment where foreign investment support and local domestic investment is even more important.
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