World Bank Quotes - Page 2

• Once the violence has ceased, the US should immediately call on the World Bank and other international institutions to convene a donors conference to rebuild Lebanon's shattered infrastructure.

  John Conyers

  World, Lebanon, Violence

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• According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.

  Michel Chossudovsky

  Concentration Of Wealth, Rights, World

  "The Globalization of Poverty and the New World Order". Book by Michel Chossudovsky, 2003.

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• To claim the World Bank is just an extension of US foreign policy is just wrong.

  Nicholas Stern

  World, Claims, Foreign Policy

  "Nicholas Stern: One global crisis after another" by John Crace, www.theguardian.com. March 25, 2008.

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• Nicaragua is a World Bank and International Monetary Fund designated "heavily indebted poor country," with little legal ability to control its economic future: Everything is for sale. And once Nicaraguans decide to cash in and sell their houses or farms, they have to look far inland for anything affordable.

  Tony D'Souza

  Country, House, Looks

  "The Boomtown, the Gringo, the Girl, and Her Murder". www.outsideonline.com. May 1, 2007.

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• Combining valuable insights from his experience in China, his time as the World Bank's chief economist, and the 2008 financial crisis, Justin Yifu Lin's recommendations for development policy reflect an impressive and unique personal journey.

  Kemal Dervis

  Journey, Unique, Development

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• We must work to repeal trade agreements that impede access to affordable generic drugs. We must work to cause the IMF and the World Bank to reduce and eventually eliminate the debt that takes poor nations' resources away from crises like AIDS. We must focus America's leadership on addressing and ending this epidemic.

  Dennis Kucinich

  Epidemics, Agreement, America

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• I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund.

  Bob Geldof

  Thinking, Organization, People

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• The serious problems facing the world today will never be solved until women are able to use their full potential on behalf of themselves, their families, and their global and local communities, as the World Bank and others have discovered

  Jenny Shipley

  Community, Able, Today

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• It is vital that the World Bank Group continually challenges itself to refresh our development thinking. It is vital that a modernized multilateralism be open to new ideas.

  Robert Zoellick

  Thinking, Ideas, Challenges

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• What gives these corporations like CONOCO, SHELL, EXXON, DIASHAWA, ITT, RIO TINTO ZINC, and the WORLD BANK a right which supercedes or is superior to my human right to live on my land, or that of my family, my community, my nation, our nations, and to us as women?

  Winona LaDuke

  Zinc, Land, Giving

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• the most powerful bodies in the world, the World Trade Organization, the World Bank, and the International Monetary Fund, are also the least democratic and inclusive.

  Anita Roddick

  Powerful, Organization, World

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• Bopha, Sandy, floods in Pakistan, droughts in China… How many reports from the likes of the World Bank, NASA and the International Energy Agency will it take? How many preventable catastrophes until our leaders realize that climate change will not be solved by nice speeches and empty promises? Countries like Canada and the U.S. have promised to reduce their greenhouse gas pollution and provide adequate financial support for developing countries, they have so far failed on both counts.

  Steven Guilbeault

  Country, Nice, Agency

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• The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.

  Herman E. Daly

  Development, World, Problem

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• Sadly, I do my homework. I've a soft spot for the boring minutiae. I read the Charter of the United Nations before meeting with Kofi Annan. I read the Meltzer report, and then I'll read C. Fred Bergsten's defense of institutions like the World Bank and the I.M.F. It's embarrassing to admit.

  Bono

  Defense, World, Homework

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• [Mikhail Bakunin] expectations were generally confirmed, including his prediction that some would seek to gain state power on the backs of popular revolution, then constructing a "Red bureaucracy" that would be one of the worst tyrannies in history, while others would recognize that power lies elsewhere and would serve as its apologists, becoming mystifies, "disablers," and managers while demanding the right to function in "technocratic isolation," in World Bank lingo.

  Noam Chomsky

  Lying, Expectations, World

  Source: www.publicanthropology.org

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• In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.

  Noam Chomsky

  Children, Spring, Blow

  "Noam Chomsky on America's Economic Suicide". Interview with Laura Flanders / GRITtv, www.alternet.org. May 4, 2012.

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• The World Bank is the monopoly provider of poverty data and, partly due to a leadership change there, the World Bank's reporting has been heavily on the rosy side since about 2000. The Bank's cultivation of an upbeat picture affords a very interesting lesson in statistics and how you can, depending on which numbers you present and how you present them, create a more positive or more negative impression of the evolution of poverty.

  Thomas Pogge

  Data, Numbers, Interesting

  Source: www.truth-out.org

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• Car prices play a large role in calculating PPPs even while they play no role whatsoever in the consumption or consumption needs of the poor. And the prices of rice, bread and beans play a small role in calculating PPPs even though they play a huge role in meeting the consumption needs of the poor. So the World Bank's method of comparing and converting everything at general purchasing power parities into US dollars is highly distorting within an exercise whose purpose it is to determine whether households are or are not capable of meeting their basic consumption needs.

  Thomas Pogge

  Exercise, Play, Car

  Source: www.truth-out.org

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• Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always though that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City.

  Lawrence Summers

  Country, Dirty, Thinking

  "Larry Summers’ War Against the Earth" by Jim Vallette, www.counterpunch.org. June 15, 1999.

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• By using general consumption PPPs, the World Bank is, in effect, saying to the poor: "Sure, you cannot buy as much food as the dollar value we attribute to your income would buy in the United States. But then you can buy much more by way of services than you could buy with this PPP equivalent in the United States." But what consolation is this? The poor do not buy services - they are services, on their luckier days.

  Thomas Pogge

  United States, Dollars, Income

  Source: www.truth-out.org

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