D. Speeches by Paul Wolfowitz (2005-07)

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On the 50th Anniversary of Ghana's Independence

( 2007-03-05) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, congratulated Ghana on its fiftieth anniversary that it has become one of the best performers economically in Sub-Saharan Africa, and is expected to meet the Millennium Development Goal to cut poverty in half. He spoke about World Bank partnership with the university to help create a facility that provides access to a wealth of development information for students, researchers, faculty, and the general public, and encourages all to take advantage of this new resource on the campus. Ghana faces challenges to boost the competitiveness of the private sector, an important engine for job creation. Ghana will need to invest heavily in infrastructure, and reform its energy sector, while ensuring sustained good governance. He concluded by saying that Ghana should inspire Africa by aiming higher, moving faster, taking bigger and bolder steps to achieve the future that the people of Ghana deserve.
Remarks at Meeting on 'Sustaining Treatment Costs--Who Will Pay?'

( 2006-11-27) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, at a meeting jointly sponsored by WHO, UNAIDS, and the World Bank, addressed the issue of the financial sustainability of AIDS treatment—especially focusing on the increasing need for second-line combination treatment regimens. The Bank is working to strengthen capacity for effectively mainstreaming AIDS priorities into national planning efforts, particularly development of poverty reduction and implementation processes. As one of many development partners supporting national AIDS programs, the World Bank is committed to improve coordination, and to better align and harmonize its support with country responses.
Cities at the Front Lines of Development

( 2006-02-09) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, stated that the importance of cities is increasing on a daily basis. By 2030, China alone will add 342 million new urban residents, and India 271 million. Africa will add 395 million people and more than half (54 percent) of its population will be living in urban areas. Urbanization creates job opportunities and poverty challenges. Urbanization has place mayors on center stage to implement solutions to alleviate poverty at the local level. The World Bank established a dedicated urban unit more than 30 years ago, with estimated lending on urban issues in 2005 at $7 billion. The Bank looks forward to strengthening partnerships with local governments.
China a Model Country

( 2005-10-14) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, noted that China has shown astonishing resolve in the last 25 years in fighting poverty, with remarkable progress to show for it. With similar resolve, China can successfully work with the Bank and with other partners to overcome the remaining development challenges it faces today: battling continued poverty, confronting environmental decline, and lowering barriers to global trade. He commented that the upcoming meeting of the G-20 presents a vital opportunity for China and the international community to redress the imbalances in the global economy, to create a more stable and equitable world for future generations. It is the first time that China is hosting this meeting of the G-20-and this is appropriate evidence of China's growing role as a major force in the global economy. The decisions at that meeting can make a difference for the world's poor--between a life of deprivation and suffering or a future with dignity and opportunity.
Trading for Results: Realizing the Promise of Doha

( 2005-10-12) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, complimented the impressive work of agencies like the Japan International Cooperation Agency and the Japan Bank for International Cooperation. Japan is a big player everywhere in the world. The World Bank depends heavily on Japanese financial markets for borrowing. Today, Japan is a major market for developing countries and a major source of development assistance. Developing countries will need assistance to help their entrepreneurs take advantage of new trade opportunities. A swift and meaningful conclusion to the Doha round is essential if the Bank is to win the fight against poverty, disease, and hunger.
Charting a Way Ahead: The Results Agenda

( 2005-09-24) Wolfowitz, Paul

Paul Wolfowitz, President of the World Bank, makes the case for ending poverty in our lifetime, especially in Africa. There is an urgent need for action, because thousands of people living in extreme poverty, many of them children, die every day from preventable diseases. The call to end poverty reaches across generations, continents, and nationalities. It spans religions, gender, and politics. Wolfowitz claims that the world is at a turning point, with grounds for hope. The last few decades have witnessed dramatic improvement in the condition of the world's poorest people. He cites as key factors leadership and accountability, respect for women, civil society, the private sector, and legal empowerment of the poor. He concludes that in order to find solutions for alleviating poverty, the World Bank needs to strengthen its knowledge and expertise in such areas as education, health, infrastructure, energy and sustainable development, and agriculture. We must chart a course for a future in which today's poor become tomorrow's entrepreneurs.