D. Speeches by Paul Wolfowitz (2005-07)

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Paul Wolfowitz served as 10th President of the World Bank Group from 2005 to 2007.

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  • Publication
    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.
  • Publication
    Africa: The Road to Opportunity
    (2006-10-18) Wolfowitz, Paul
    Paul Wolfowitz, President of the World Bank, remarked that the past-quarter century has to count as the most successful 25 years in history in the fight against poverty. The one region that has so far been conspicuously left behind by that progress is Sub-Saharan Africa. The people of Africa are hard at work building a more hopeful future for their continent. There is no shortage of energy, ambition, or entrepreneurial spirit. What are most severely lacking are resources to support good plans and good ideas. For Africa and the poorest countries in the world a critical source of development funding comes from the International Development Association or IDA. France has been a leader in IDA in the past. The World Bank has responded with an ‘Africa Action Plan.’ Wolfowitz briefly discussed four key areas of focus: Education, Health, Private Sector Development, and Infrastructure.
  • Publication
    Foreign Aid: Challenges and Opportunities
    (2006-07-31) Wolfowitz, Paul
    Paul Wolfowitz, President of the World Bank, discussed Africa’s challenge to unleash the energy of the people, and give people the opportunity to improve their lives themselves. He talked about the challenge of corruption. He appreciated Africa for improving policies to make it easier for new businesses to take off and for businesses that are established to expand. Africans are taking a lead in helping their continent turn the corner, and donors are raising the bar for development assistance to try to ensure that every dollar is used to create a healthier, better-educated, more prosperous Africa. Governance is taken seriously, with performance-based aid strengthening anti-corruption efforts.
  • Publication
    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.
  • Publication
    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.
  • Publication
    Africa: Whatever You Thought, Think Again
    (2005-09-08) Wolfowitz, Paul; Fay, Michael; Leautier, Frannie; Gomes, Paulo
    Paul Wolfowitz, President of the World Bank, congratulated the editorial team of National Geographic for the special issue on Africa. National Geographic has played a unique role in broadening the knowledge of the world. The World Bank partnered with National Geographic to produce a full-color wall map to raise awareness of the millennium development goals (MDGs) and to highlight each country's progress. We often hear about an Africa that is ravaged by poverty, disease and conflict. There is another face to Africa, one of hope, ambition, energy, intelligence and achievement. That face is also captured compellingly in this issue. Africa’s future holds rich opportunities. To seize these opportunities, there are many challenges to overcome. Given the enormous scale of this challenge, we need to come to terms with what we can and cannot achieve with the MDGs. The World Bank is working with countries that request help to strengthen legislation and institutions so they can take charge of combating corruption. Africa's transformation will depend on the commitment of the international community and the resolve of Africa's people and leaders. Michael Fay, National Geographic Explorer in Residence, spoke of his travels in Africa and said that there is a very direct relationship in particular in the African continent, but indeed everywhere on earth, between the management of the natural resource base and poverty alleviation, the wellbeing of humanity. Frannie Leautier, of the World Bank Institute, said countries working together can reach solutions that are much better than when they work individually. She noted the need to balance between human life and other life forms, with the forests, animals and so on. Paulo Gomes, of the World Bank Board of Directors, said the issue was very rich in presenting the ecological dimension of the diversity of Africa. The Bank needs to do something in preparing a comprehensive strategy to rebrand Africa in a more positive light. Africa has a formidable reservoir of variety in fauna and flora that can be used for science and the good of the continent. The panel fielded questions on urban ecology, indigenous knowledge, resource management, and governance amid ethnic diversity.