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Quote by James Wolfensohn

“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.”

Quote by James Wolfensohn

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James Wolfensohn
James Wolfensohn

James Wolfensohn, born on December 1, 1933, is an accomplished lawyer with extensive experience in international finance and law. He served as the President of the World Bank and held key positions in various international organizations. more

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