Wolfensohn, James D.2016-09-152016-09-151996-05-10https://hdl.handle.net/10986/25080James D. Wolfensohn, President of the World Bank Group, remarked that despite remarkable successes, East Asian countries face formidable challenges in sustaining their development in the face of large-scale changes taking place throughout the region. Increasingly, countries of the region confront common development policy challenges. Their common agenda must be the agenda of the World Bank Group if the Bank is to remain relevant to them. Responding effectively to these needs will require that the Bank Group forge new partnerships and revitalize traditional ones.en-USCC BY 3.0 IGOFINANCIAL SERVICESCAPITAL FUNDSEQUIPMENTBUSINESS OPPORTUNITIESURBANIZATIONREMOTE REGIONSENVIRONMENTAL DEGRADATIONINFORMATION TECHNOLOGYPRINCIPALINCOMEINTERESTGUARANTEESPRIVATIZATIONCAPITAL BASELOCAL GOVERNMENTSWATER SUPPLYSERVICESDEVELOPING COUNTRIESSHARE OF WORLD TRADEPUBLIC SERVICESBANKING SYSTEMSINFRASTRUCTURE DEVELOPMENTHOUSINGPORTFOLIOHUMAN RESOURCES DEVELOPMENTPROJECTSMUTUAL FUNDSBENEFICIARIESPRIVATE PENSIONPENSIONSAVINGS INSTITUTIONSINSTRUMENTSLIFE EXPECTANCYRAPID DEVELOPMENTINTERNATIONAL FINANCEHUMAN RESOURCESAVINGSTECHNICAL ASSISTANCETELECOMMUNICATIONSTRANSPORTREGIONAL TRADECONTRACTSTRADINGCONTRACTUAL SAVINGS INSTITUTIONSCAPITAL MARKETMARKETSPRIVATE INVESTMENTLEGISLATIONPOLLUTIONVENTURE CAPITALCOMPETITIVE MARKETINTERNATIONAL COMPETITIONLABORLOANSPRIVATE CAPITAL FLOWSENTERPRISESINVESTMENT OPPORTUNITIESNATURAL RESOURCESPRIVATE CAPITALPENSION FUNDSFINANCELIBERALIZATIONINFRASTRUCTUREMARKET ECONOMIESBANKING SECTORBANKSEQUITYINVESTORSREGULATORY FRAMEWORKSBOND MARKETSGOODWAGESINTERNATIONAL TRADETRANSPARENCYSOCIAL SERVICESBARRIERSEXPORT COMPETITIVENESSFUTUREBANKINTERNATIONAL ECONOMYSTATE ENTERPRISESSOVEREIGN RISKSCREDITMACROECONOMICSFOREIGN INVESTMENTCAPITAL FLOWSINVESTMENT VEHICLESFISCAL YEARSOCIAL VALUESMARKETLOCAL INSTITUTIONSNEW MARKETSLONG-TERM INVESTMENTSCONTRACTUAL SAVINGSENFORCEMENTINFRASTRUCTURE INVESTMENTSINSURANCELONG-TERM FUNDSREGIONAL INTEGRATIONECONOMIC DEVELOPMENTTRADEGOODSTRADING SYSTEMSECURITYINVESTMENTVENTURE CAPITAL FUNDSBONDHUMAN RESOURCESSHAREAFFILIATECLEARING SYSTEMSPOVERTYFINANCIAL MARKETSFINANCE CORPORATIONBANKINGPRIVATE INVESTORSFINANCIAL SUPPORTINVESTMENTSLENDINGWORLD TRADECAPITAL ACCOUNTSRAPID GROWTHTRANSITION ECONOMIESINSURANCE COMPANIESFINANCIAL SYSTEMSGOVERNMENTSFINANCIAL SECTORASIAN BOND MARKETSWEAK ENFORCEMENTGUARANTEEINDUSTRIAL COUNTRIESCOMPETITIONINVESTINGSpeechWorld Bank10.1596/25080