Balancing the Development Agenda: The Transformation of the World Bank Under James D. Wolfensohn, 1995-2005

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Ruth Kagia
World Bank Publications, Jan 1, 2005 - Business & Economics - 156 pages
Balancing the Development Agenda examines the evolution of the World Bank and its operations during the presidency of James Wolfensohn. It examines the modernization of this global economic institution which is now focused on home-grown development planning where borrowing countries are in the ¿driver¿s seat¿ of their own development. It takes a closer look at the major development challenges addressed by the Bank during the past decade such as debt relief, corruption, and HIV/AIDS and provides a timeline of events that have shaped the Bank into the institution it is today. Readers with an interest in the World Bank and in international development will find this a fascinating account of the Bank¿s transformation under the guidance of James Wolfensohn.
 

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Page iv - Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope, and crossing each other from a million different centers of energy and daring those ripples build a current that can sweep down the mightiest walls of oppression and resistance.
Page 148 - For a very small expense the public can facilitate, can encourage, and can even impose upon almost the whole body of the people, the necessity of acquiring those most essential parts of education.
Page 22 - Goal 1. Eradicate extreme poverty and hunger Goal 2. Achieve universal primary education Goal 3. Promote gender equality and empower women Goal 4. Reduce child mortality Goal 5. Improve maternal health Goal 6. Combat HIV/AIDS, malaria and other diseases Goal 7. Ensure environmental sustainability Goal 8. Develop a global partnership for development Target 1.
Page 4 - Our goal must be to reduce these disparities across and within countries, to bring more and more people into the economic mainstream, to promote equitable access to the benefits of development regardless of nationality, race, or gender.
Page 153 - UN United Nations UNAIDS Joint United Nations Programme on HIV/AIDS UNDP United Nations Development Programme UNESCO United Nations Educational, Scientific and Cultural Organization...
Page 114 - Bank includes the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).
Page 99 - My goal is to make the World Bank the first port of call when people need knowledge about development. By the year 2000, we will have in place a global communications system with computer links, videoconferencing, and interactive classrooms, affording our clients all around the world full access to our information bases the end of geography as we at the Bank have known it.
Page 99 - The Bank Group's relationships with governments and institutions all over the world, and our unique reservoir of development experience across sectors and countries, position us to play a leading role in this new global knowledge partnership.
Page 21 - Poverty is pain; it feels like a disease. It attacks a person not only materially but also morally. It eats away one's dignity and drives one into total despair.
Page 114 - IBRD aims to reduce poverty in middle-income and credit-worthy poorer countries by promoting sustainable development through loans, guarantees, and (nonlending) analytical and advisory services.

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