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Remarks to the 30th anniversary of tidewater by James D. Wolfensohn (Inglês)

This report discusses about the last 30 years, when, in this 30 years, we have seen a very changed world. A world which used to be a bipolar, a world with two trading blocks, a world where we went into development not for moral and social reasons, but for heavy political reasons. A world where we developed our thinking through to the Washington Consensus where we believed in the centrality of markets, an outward-looking model, trade liberalization, export-led growth strategy, and a very strong macroeconomic framework. A world where we went ahead with the very strong support, at least it is strong compared to today, of overseas development assistance, although as he have said, largely couched in the political terms of a bipolar world. As we move into the next phase of development activity, we need to bring together the essential prerequisite of financial resource structure, with humanity, with people.

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