Walter Sterling Surrey Memorial Lecture
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James D. Wolfensohn, President of the World Bank Group, discussed the international development framework; legal and justice system; financial supervision and control at the level of banks, financial markets, capital markets, leasing, and agricultural banks; and social safety net and a social structure to come up with programs for privatization in the former Soviet Union. Governments must be the dominant power in deciding the development agenda. In partnership with a country’s government, the Bank agrees upon a Comprehensive Development Framework.
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MONETARY POLICY, EQUITY, WITHDRAWAL, CAPITAL MARKETS, INVESTORS, REGULATORY FRAMEWORK, SOCIAL SAFETY NETS, GOOD, DEVELOPMENT ASSISTANCE, JURISDICTION, TAX DEDUCTIBLE, CORRUPT, POLICIES, TRANSPARENCY, MACROECONOMIC PLANNING, BRIBES, FUTURES, PENSIONS, COMPREHENSIVE DEVELOPMENT, COMPETITIVENESS, PRIVATIZATION, BANK, GOVERNMENT, DEVELOPMENT STRATEGY, EXCHANGE, BANKING SYSTEM, STRATEGIES, TRADE UNION, GOOD GOVERNANCE, SOCIAL SAFETY NET, DEVELOPING COUNTRIES, JOINT VENTURE, SAFETY NET, FISCAL POLICY, BANKRUPTCY LAW, SOCIAL STRUCTURE, PRICE, MARKET, TAX, CORRUPTION, WEALTH, BANKRUPTCY, POLICY, DISTRIBUTIVE JUSTICE, GOVERNANCE, SAFETY NETS, JUSTICE, DEVELOPMENT, WITHDRAWALS, TRADE, COMMUNICATIONS, PUBLIC POLICY, GDP, INFLUENCE, LEGAL SYSTEM, INTERNATIONAL MARKET, ORGANIZATION, ECONOMIC CRISIS, POVERTY, FINANCIAL MARKETS, CORRUPT PRACTICES, BANKING, COMPREHENSIVE DEVELOPMENT FRAMEWORK, CIVIL SOCIETY, EXCHANGE RATES, TRADING, LAW, JUSTICE SYSTEM, GLOBALIZATION, MARKETS, LEADERSHIP, FLOATING EXCHANGE RATES, INTERNATIONAL DEVELOPMENT, STRATEGY, LAWYERS, EXCHANGE RATE, WITHDRAWAL OF FUNDS, BILATERAL INSTITUTIONS, FARMERS, GOVERNMENTS, TRANSFER OF FUNDS, RESERVES, SERVICE, PRICES, FINANCE, MARKET ECONOMIES, AGRICULTURAL BANKS, BANKS