“Today, you have 20 percent of the world controlling 80 percent of the Gross Domestic Product; you've got a $30 trillion (US) world economy, and $24 trillion of it is in the developed countries... These inequities can't exist. So if you are talking about systemic breakdown, I think you have to look in terms of social breakdown.” IfsThinkingWorldLooksCountryTodaySocialTermTalkingEconomyProductsPercentCapitalismGrossBreakdownWorld EconomyDeveloped CountryGross Domestic Product Author:James Wolfensohn
“I was deeply concerned then, and have become more concerned since, that unless we can deal with the questions of development and the questions of poverty, there's no way that we're going to have a peaceful world for our children.” WorldWayChildrenDealsPovertyDevelopmentConcernedOur ChildrenPeacefulEnding PovertyPeaceful World Author:James Wolfensohn
“The notion of the world as a village is becoming a reality.” WorldRealityBecomingNotionVillage Author:James Wolfensohn
“We have three billion people, half the world's population today, living on less than two dollars a day.” PeopleWorldTwoTodayThreeHalfDollarsPopulationBillionsLiving On Author:James Wolfensohn
“Well the specific role of the World Bank is to be ready with financial assistance immediately after this emergency takes place because you need to reconnect water, you need to reconnect power, you need roads, you need bridges, and that has to be done urgently.” WorldNeedsWellsDoneWaterRolesPowerReadyFinancialBridgesAssistanceEmergenciesWorld BankFinancial Assistance Author:James Wolfensohn