Remarks at the Council of the Americas

Wolfensohn, James D.

Remarks at the Council of the Americas

1999

Wolfensohn, James D.

James D. Wolfensohn, President of the World Bank Group, reassessed the global financial architecture and its impact on Latin America. Latin American countries, being small economies, are very vulnerable to world pressures. After a huge drop in private sector finance, we’re seeing the first signs of return. What we need now is greater transparency and supervision in banking and the private sector—and a better common set of principles and standards. We need decent government, trained government, with capacity at all levels. We need legal systems that work. We must ensure social safety nets are in place. The things that bring about equity in a society are education and knowledge. Latin America’s kids need stability and social justice.

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Mots clés AGROVOC

access to markets accounting bank banking bankruptcy banks business associations capital civil society corruption credit debt developing countries distance learning economic structure equity exchange rate farmers finance financial institutions financing governance government institutional development investment justice land land ownership laws leadership legal system lending loans market economies markets microcredit organization outreach policies politics poverty prices privatization projects property property rights repayment social safety nets social structure trade trade unions unions village

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D'autres materias

Financial system; Guarantee; Development assistance; Deposits; International capital; Social safety net; Groups of people; Small loans; Global economy; Borrowings; Accessibility; Financial systems; Availability of bank financing; Greater access; Depositors; Oil prices; Small business; Access to market; Adequate disclosure; Judicial system; Good; Basis points; Social responsibility; International banks; Check; Commodity prices; Social justice; Bond markets; Flow of funds; Institutional investors; Confidence; International investors; International investment bank; People; Investment bank; Investors; Regulatory authorities; Civil servant; Corrupt; Commodity; Growth rates; Private sector financing; Return; Monetary policy; Minister; Government officials; Safety nets; Development bank; Monetary fund; Economic policy; Audits; Capital markets; Transparency; Politicians; International investment; Principal; Futures; Market; Safety net; Interests; Bank financing; Family; Exchange rates; Futures market; Bankruptcy laws; Finances; Lenders; Legal systems; Public schools; Communications; Governments; Exchange; Bond; Administration of justice; Access to bond markets; Policy; Justice system; Accounting principles; Bonds; Investing; International capital markets

Langue

anglais

Format

application/pdf, text/plain

Licence

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

Type

Lecture

Sur AGRIS depuis: 2024-10-18

Date de modification: 2025-10-25

Format: Dublin Core

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Cette notice bibliographique a été fournie par World Bank

Découvrez la collection de ce fournisseur de données dans AGRIS

Liens

DOI http://documents.worldbank.org/curated/en/2015/11/25256284/remarks-council-americas-james-d-wolfensohn-president https://hdl.handle.net/10986/26168

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Remarks at the Council of the Americas

1999

Mots clés AGROVOC

Informations bibliographiques