New Directions and New Partnerships | Land Portal

Resource information

Date of publication: 
May 2016
Resource Language: 
ISBN / Resource ID: 
oai:openknowledge.worldbank.org:10986/24315
Copyright details: 
CC BY 3.0 IGO

James D. Wolfensohn, President of the World Bank Group, addressed the annual meetings of the World Bank and the International
Monetary Fund. He discussed the context in which
the Bank operates today; the role of the Bank in
development now, and in the coming years; what the Bank can
do to achieve its objectives in an effective and accountable
manner; and the Bank’s immediate and early initiatives. He called for a new IDA compact. The problem of debt overhang continues. He focused on the power of partnerships. He mentioned the need to develop an institutional culture focused on excellence and results.

Authors and Publishers

Author(s), editor(s), contributor(s): 

Wolfensohn, James D.

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The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

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