James Wolfensohn Quotes


So the first thing you need to do about conflict is to prevent it, and the best way of preventing it is by dealing with the question of poverty.


Citations

Wolfensohn, James D. Voice for the World's Poor: Selected Speeches and Writings of World Bank President James D. Wolfensohn, 1995-2005. World Bank Publications, 2005.

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James Wolfensohn
James Wolfensohn
  • Born: December 1, 1933
  • Died: November 25, 2020
  • Nationality: Australian
  • Profession: Businessman

Sir James David Wolfensohn KBE AO was an Australian-American lawyer, investment banker, and economist who served as the ninth president of the World Bank Group (1995–2005). During his tenure at the World Bank, he is credited with the focus on poverty alleviation and a rethink on development financing, earning him recognition as a banker to the world's poor. In his other roles, he is credited with actions that brought Chrysler Corporation back from the brink of bankruptcy, and also improving the finances of major United States cultural institutions, including Carnegie Hall and the Kennedy Center. He served two terms as President of the World Bank on the nomination of U.S. President Bill Clinton, and thereafter held various positions with charitable organizations and policy think-tanks including the Brookings Institution.