Challenges Facing the Bank in the 21st Century
James D. Wolfensohn, President of the World Bank Group, discussed the challenges facing the World Bank. The Bank is now working and trying to deal with the questions of poverty and equity. While poverty is rarely about the lack of one thing, but instead many, the bottom line is that poor constantly...
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| Format: | Speech |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/2015/12/25669529/challenges-facing-bank-21st-century-remarks-national-press-club-james-d-wolfensohn-president http://hdl.handle.net/10986/31128 |
| Summary: | James D. Wolfensohn, President of the World Bank Group, discussed the challenges facing the World Bank. The Bank is now working and trying to deal with the questions of poverty and equity. While poverty is rarely about the lack of one thing, but instead many, the bottom line is that poor constantly live with hunger. Poverty has important psychological dimensions such as powerlessness, noiselessness, dependency, shame, and humiliation. The poor lack access to basic infrastructure such as roads, transportation, clean water. The poor rarely speak of income but instead focus on managing assets and the environment, social and human. |
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