Tag jim wolfensohn

Jim Wolfensohn (born 1935) is a former Australian economist and banker who served as the President of the World Bank from 1995 to 2005. He is known for his efforts to reform the World Bank and increase its focus on poverty reduction and sustainable development.

Here are some notable achievements and facts about Jim Wolfensohn:

• Wolfensohn was born in Alexandria, Egypt, to a Jewish family of Ukrainian descent.
• He earned a Bachelor's degree in economics from the University of Sydney and a Master's degree in economics from Harvard University.
• He worked as a banker and economist for several years before joining the World Bank in 1995.
• During his tenure as World Bank President, Wolfensohn implemented several reforms aimed at increasing the bank's effectiveness and accountability.
• He was a strong advocate for poverty reduction and sustainable development, and he played a key role in shaping the World Bank's strategy on these issues.
• Wolfensohn was also a vocal critic of corruption and worked to strengthen the bank's anti-corruption efforts.
• He was succeeded as World Bank President by Paul Wolfowitz in 2005.
• Wolfensohn has received numerous awards and honors for his work, including the Nobel Peace Prize in 2003.

Some of his notable quotes include:

• "The World Bank is not just a bank, it's a development institution."
• "Poverty is not just a moral issue, it's an economic issue."
• "Corruption is a cancer that eats away at the fabric of society."

Overall, Jim Wolfensohn is widely regarded as one of the most influential and effective World Bank Presidents in the institution's history.