Address to the Bankers' Club, London [electronic resource] / James D Wolfensohn.

By: Wolfensohn, James DContributor(s): Wolfensohn, James DMaterial type: TextTextSeries: Speeches of World Bank Presidents | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 1997Subject(s): Capital Markets and Capital Flows | Children | Countries | Crime | Developing Countries | Development Economics & Aid Effectiveness | Economic Development | Family | Finance | Finance and Development | Finance and Financial Sector Development | Insurance | International Finance | Leadership | Loans | Macroeconomics and Economic Growth | Microcredit | WomenOnline resources: Click here to access online Abstract: James D. Wolfensohn, President of the World Bank, made points on topics that link banking to the developing world: scourge of acquired immune deficiency syndrome (AIDS), which has 16 million people suffering from that disease; crime; war; migration, because migration comes from countries that do not have economic opportunity; and trade. It is crucial that the bankers in the city, as the home of international banking and the largest center of international banking, recognize that there is something more than the profit motive. As far as development is concerned, it's no longer an issue of having government to government assistance.
Tags from this library: No tags from this library for this title. Log in to add tags.
    Average rating: 0.0 (0 votes)
No physical items for this record

James D. Wolfensohn, President of the World Bank, made points on topics that link banking to the developing world: scourge of acquired immune deficiency syndrome (AIDS), which has 16 million people suffering from that disease; crime; war; migration, because migration comes from countries that do not have economic opportunity; and trade. It is crucial that the bankers in the city, as the home of international banking and the largest center of international banking, recognize that there is something more than the profit motive. As far as development is concerned, it's no longer an issue of having government to government assistance. 30 billion of private capital went to the developing world, eclipsing the 0 billion of official aid. International institutions have to change. And private institutions have to change in thinking not just of themselves but of leveraging their activities and their interests to work in partnership with the governments.

There are no comments on this title.

to post a comment.

Powered by Koha