The position of World Bank Chief Economist is one of the most influential in economics. The International Bank for Reconstruction and Development (IBRD, in Romance languages: BIRD), better known as the World Bank, is an international organization whose original mission was to finance the reconstruction of nations devastated by WWII. Now, its mission has expanded to fight poverty by means of financing states. ...
It is held by François Bourguignon as of March 2005. 2005 : January - February - March - April - May - June - July - August - September - October - November - December- → Ongoing events • Iraqi legislative election • Bill C-38 (Canada gay marriage) • Tsunami relief • Cedar Revolution in Lebanon • Tulip Revolution in Kyrgyzstan • German Visa Affair 2005 • Expo 2005 in Nagoya, Japan • Terri Schiavo controversy • Pope John Paul II...
The International Bank for Reconstruction and Development (IBRD, in Romance languages: BIRD), better known as the World Bank, is an international organization whose original mission was to finance the reconstruction of nations devastated by WWII. Now, its mission has expanded to fight poverty by means of financing states. ...
WorldBank president James Wolfensohn told CNN that the loss of confidence that followed the attacks could result in slower economic activity worldwide.
WorldBankchiefeconomist Nicholas Stern said it was more important than ever to maintain world trade, as slowdowns are often accompanied by pressure to boost protectionism.
IMF chiefeconomist Ken Rogoff, speaking at a September 26 press conference launching the fund's October 2001 World Economic Outlook, said it was premature to try to quantify exactly the implications of the attack for growth in the U.S. and elsewhere.
At the WorldBank's annual meeting in Hong Kong in September, Wolfensohn called for a bank "rooted in villages and poor countries" not in Washington.
During the 1980s, the Bank's SAPs were "the second prong of the massive assault that Washington mounted against the South." The other prong was "low-intensity conflicts" (LIC), the U.S. Iaunched against governments in Afghanistan, Angola, Nicaragua, Panama, and Grenada, and against liberation movements in El Salvador, Guatemala, and the Philippines.
The insistence on capital liberalization is revealing of the true agenda of the WorldBank and the IMF since 1945: fully integrating the Third World into the global capitalist system in the subordinate position of raw material supplier and open market.
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