---
title: "104 World bank Quotes by 82 authors"
description: "Browse 104 World bank quotes by 82 authors. Discover the best World bank sayings and thoughts."
image: "https://sms4smile.com/quotes/i/4a5/mahathir-mohamad-3562_action_affirmative-action-is-not-something-that_1433672.png"
---

> [Affirmative action is not something that the World Bank believes in or promotes.](https://sms4smile.com/quotes/mahathir-mohamad/affirmative-action-is-not-something-that-the-world-bank-believes-in/)

[Mahathir Mohamad](https://sms4smile.com/quotes/author/mahathir-mohamad/)

[Image](https://sms4smile.com/quotes/i/4a5/mahathir-mohamad-3562_action_affirmative-action-is-not-something-that_1433672.png)

> [The problem with the World Bank has to do with development - the spreading of Western over-consumption worldwide.](https://sms4smile.com/quotes/herman-e-daly/the-problem-with-the-world-bank-has-to-do-with-development-the/)

[Herman E. Daly](https://sms4smile.com/quotes/author/herman-e-daly/)

[Image](https://sms4smile.com/quotes/i/1e3/herman-e-daly-31591_consumption_the-problem-with-the-world-bank-has-to-d_2747171.jpg)

> [I do wish that the IMF and the World Bank would disappear soon.](https://sms4smile.com/quotes/hugo-chavez/i-do-wish-that-the-imf-and-the-world-bank-would-disappear-soon/)

[Hugo Chavez](https://sms4smile.com/quotes/author/hugo-chavez/)

[Image](https://sms4smile.com/quotes/i/703/hugo-chavez-2598_disappear_i-do-wish-that-the-imf-and-the-world-ban_2716836.png)

> [The World Bank is now the biggest culprit in the debt crisis.](https://sms4smile.com/quotes/susan-george/the-world-bank-is-now-the-biggest-culprit-in-the-debt-crisis/)

[Susan George](https://sms4smile.com/quotes/author/susan-george/)

[Image](https://sms4smile.com/quotes/i/c2f/susan-george-17151_bank_the-world-bank-is-now-the-biggest-culpri_1605721.jpg)

> [To claim the World Bank is just an extension of US foreign policy is just wrong.](https://sms4smile.com/quotes/nicholas-stern/to-claim-the-world-bank-is-just-an-extension-of-us-foreign-policy-is/)

[Nicholas Stern](https://sms4smile.com/quotes/author/nicholas-stern/)

[Image](https://sms4smile.com/quotes/i/f76/nicholas-stern-14654_america_to-claim-the-world-bank-is-just-an-exten_2841186.png)

> [To claim the World Bank is just an extension of U.S. foreign policy is just wrong.](https://sms4smile.com/quotes/nicholas-stern/to-claim-the-world-bank-is-just-an-extension-of-u-s-foreign-policy-is/)

[Nicholas Stern](https://sms4smile.com/quotes/author/nicholas-stern/)

[Image](https://sms4smile.com/quotes/i/ca2/nicholas-stern-14654_bank_to-claim-the-world-bank-is-just-an-exten_3179442.png)

> [The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.](https://sms4smile.com/quotes/jos-saramago/the-world-is-governed-by-institutions-that-are-not-democratic-the/)

[Jose Saramago](https://sms4smile.com/quotes/author/jos-saramago/)

[Image](https://sms4smile.com/quotes/i/707/jos-saramago-208_democratic_the-world-is-governed-by-institutions-th_909273.png)

> [I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.](https://sms4smile.com/quotes/jim-yong-kim/i-want-to-eradicate-poverty-i-think-that-there-s-a-tremendous-passion/)

[Jim Yong Kim](https://sms4smile.com/quotes/author/jim-yong-kim/)

[Image](https://sms4smile.com/quotes/i/42f/jim-yong-kim-15065_bank_i-want-to-eradicate-poverty-i-think-that_1230327.png)

> [The World Bank adjusts its poverty estimates for differences in prices across countries, but it ignores differences in needs.](https://sms4smile.com/quotes/angus-deaton/the-world-bank-adjusts-its-poverty-estimates-for-differences-in/)

[Angus Deaton](https://sms4smile.com/quotes/author/angus-deaton/)

[Image](https://sms4smile.com/quotes/i/dd1/angus-deaton-5260_bank_the-world-bank-adjusts-its-poverty-estim_1171531.jpg)

> [The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for…](https://sms4smile.com/quotes/paul-singer/the-congo-is-very-wealthy-from-oil-money-but-is-not-paying-its-debts/)

[Paul Singer](https://sms4smile.com/quotes/author/paul-singer/)

[Image](https://sms4smile.com/quotes/i/0fd/paul-singer-13759_applying_the-congo-is-very-wealthy-from-oil-money_236653.jpg)

> [My dad's main client was the World Bank, and he spent most of his time traveling to Third World countries. His particular…](https://sms4smile.com/quotes/hugh-jackman/my-dad-s-main-client-was-the-world-bank-and-he-spent-most-of-his-time/)

[Hugh Jackman](https://sms4smile.com/quotes/author/hugh-jackman/)

[Image](https://sms4smile.com/quotes/i/640/hugh-jackman-1847_bank_my-dad-s-main-client-was-the-world-bank_2572195.jpg)

> [One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed…](https://sms4smile.com/quotes/abdul-aziz-al-ghurair/one-of-the-biggest-challenges-for-the-mena-region-is-unemployment/)

[Abdul Aziz Al Ghurair](https://sms4smile.com/quotes/author/abdul-aziz-al-ghurair/)

[Image](https://sms4smile.com/quotes/i/7f0/abdul-aziz-al-ghurair-39272_across_one-of-the-biggest-challenges-for-the-me_522610.jpg)

> [I would like to see many times more dollars going into the education for girls. The World Bank has some wonderful statistics…](https://sms4smile.com/quotes/swanee-hunt/i-would-like-to-see-many-times-more-dollars-going-into-the-education/)

[Swanee Hunt](https://sms4smile.com/quotes/author/swanee-hunt/)

[Image](https://sms4smile.com/quotes/i/2c2/swanee-hunt-32003_education_i-would-like-to-see-many-times-more-doll_2175076.jpg)

> [Ya know, Hitler was this evil, evil man. But with the World Bank and Israel manipulating America, he might have been on…](https://sms4smile.com/quotes/zach-braff/ya-know-hitler-was-this-evil-evil-man-but-with-the-world-bank-and/)

[Zach Braff](https://sms4smile.com/quotes/author/zach-braff/)

[Image](https://sms4smile.com/quotes/i/ca2/zach-braff-854_america_ya-know-hitler-was-this-evil-evil-man-bu_1297960.jpg)

> [It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus…](https://sms4smile.com/quotes/joseph-stiglitz/it-is-a-set-of-policies-formulated-between-15th-and-19th-streets-by/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

[Image](https://sms4smile.com/quotes/i/db1/joseph-stiglitz-1351_country_it-is-a-set-of-policies-formulated-betwe_1146486.jpg)

> [The Muslim leaders swallow the advice of the Western powers and bodies like the IMF and World Bank, even when it is…](https://sms4smile.com/quotes/abu-bakar-bashir/the-muslim-leaders-swallow-the-advice-of-the-western-powers-and/)

[Abu Bakar Bashir](https://sms4smile.com/quotes/author/abu-bakar-bashir/)

[Image](https://sms4smile.com/quotes/i/87a/abu-bakar-bashir-18677_advice_the-muslim-leaders-swallow-the-advice-of_1304133.png)

> [The culture of death is imposed by economic and political interests, the arrogance of power, corruption. I blame the first world for…](https://sms4smile.com/quotes/rigoberta-menchu/the-culture-of-death-is-imposed-by-economic-and-political-interests/)

[Rigoberta Menchu](https://sms4smile.com/quotes/author/rigoberta-menchu/)

[Image](https://sms4smile.com/quotes/i/42f/rigoberta-menchu-13774_arrogance_the-culture-of-death-is-imposed-by-econo_563407.png)

> [The IMF and the World Bank, the most opaque and secretive entities, put millions into NGOs who fight against "corruption" and for…](https://sms4smile.com/quotes/arundhati-roy/the-imf-and-the-world-bank-the-most-opaque-and-secretive-entities-put/)

[Arundhati Roy](https://sms4smile.com/quotes/author/arundhati-roy/)

[Image](https://sms4smile.com/quotes/i/fe8/arundhati-roy-346_corruption_the-imf-and-the-world-bank-the-most-opaq_684737.png)

> [“The World Bank, anxious that the last vestiges of Zimbabwe's former inclination toward socialism be abandoned, successfully urged the imposition of a…](https://sms4smile.com/quotes/michael-dorris/the-world-bank-anxious-that-the-last-vestiges-of-zimbabwe-s-former/)

[Michael Dorris](https://sms4smile.com/quotes/author/michael-dorris/)

[Image](https://sms4smile.com/quotes/i/281/michael-dorris-29681_democracy_the-world-bank-anxious-that-the-last-ves_506901.png)

> [During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical…](https://sms4smile.com/quotes/joseph-stiglitz/during-my-three-years-as-chief-economist-of-the-world-bank-labor/)

[Joseph Stiglitz](https://sms4smile.com/quotes/author/joseph-stiglitz/)

[Image](https://sms4smile.com/quotes/i/a32/joseph-stiglitz-1351_economics_during-my-three-years-as-chief-economist_2873909.jpg)

> [Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine…](https://sms4smile.com/quotes/michael-ignatieff/conservatives-believe-that-international-institutions-such-as-the/)

[Michael Ignatieff](https://sms4smile.com/quotes/author/michael-ignatieff/)

[Image](https://sms4smile.com/quotes/i/949/michael-ignatieff-3146_anti-american_conservatives-believe-that-international_1898503.jpg)

> [Nicaragua is a World Bank and International Monetary Fund designated 'heavily indebted poor country,' with little legal ability to control its economic…](https://sms4smile.com/quotes/tony-d-souza/nicaragua-is-a-world-bank-and-international-monetary-fund-designated/)

[Tony D'Souza](https://sms4smile.com/quotes/author/tony-d-souza/)

[Image](https://sms4smile.com/quotes/i/6e6/tony-d-souza-28440_ability_nicaragua-is-a-world-bank-and-internatio_844733.jpg)

> [Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs \[Less Developed…](https://sms4smile.com/quotes/lawrence-summers/just-between-you-and-me-shouldn-t-the-world-bank-be-encouraging-more/)

[Lawrence Summers](https://sms4smile.com/quotes/author/lawrence-summers/)

[Image](https://sms4smile.com/quotes/i/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)

> [I think one of the main challenges that the World Bank faces is creating an organizational structure that doesn't get in the…](https://sms4smile.com/quotes/jim-yong-kim/i-think-one-of-the-main-challenges-that-the-world-bank-faces-is/)

[Jim Yong Kim](https://sms4smile.com/quotes/author/jim-yong-kim/)

[Image](https://sms4smile.com/quotes/i/6a3/jim-yong-kim-15065_asset_i-think-one-of-the-main-challenges-that_983133.jpg)

> [Bopha, Sandy, floods in Pakistan, droughts in China… How many reports from the likes of the World Bank, NASA and the International…](https://sms4smile.com/quotes/steven-guilbeault/bopha-sandy-floods-in-pakistan-droughts-in-china-how-many-reports/)

[Steven Guilbeault](https://sms4smile.com/quotes/author/steven-guilbeault/)

[Image](https://sms4smile.com/quotes/i/64c/steven-guilbeault-79670_adequate_bopha-sandy-floods-in-pakistan-droughts_3012473.jpg)

> [In 88 poor countries for which we have data, in each and every one of the 88, the PPP for food shows…](https://sms4smile.com/quotes/thomas-pogge/in-88-poor-countries-for-which-we-have-data-in-each-and-every-one-of/)

[Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/)

[Image](https://sms4smile.com/quotes/i/91a/thomas-pogge-7757_beans_in-88-poor-countries-for-which-we-have-d_3088769.jpg)

> [ “\[Farmer\] went to dozens of American and Canadian universities and colleges, preaching his O for the P \[Preferential Option for the Poor\]… ](https://sms4smile.com/quotes/tracy-kidder/farmer-went-to-dozens-of-american-and-canadian-universities-and/)

[Tracy Kidder](https://sms4smile.com/quotes/author/tracy-kidder/)

[Image](https://sms4smile.com/quotes/i/aff/tracy-kidder-8859_world-bank_farmer-went-to-dozens-of-american-and-ca_1055327.jpg)

> [“I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO),…](https://sms4smile.com/quotes/joseph-e-stiglitz/i-became-convinced-that-the-advanced-industrial-countries-through/)

[Joseph E. Stiglitz](https://sms4smile.com/quotes/author/joseph-e-stiglitz/)

[Image](https://sms4smile.com/quotes/i/a77/joseph-e-stiglitz-33743_developing-countries_i-became-convinced-that-the-advanced-ind_1888119.jpg)

> [“Let the trees be consulted before you take any action every time you breathe in thank a tree let tree roots crack…](https://sms4smile.com/quotes/john-wright/let-the-trees-be-consulted-before-you-take-any-action-every-time-you/)

[John Wright](https://sms4smile.com/quotes/author/john-wright/)

[Image](https://sms4smile.com/quotes/i/2c8/john-wright-38131_flower_let-the-trees-be-consulted-before-you-ta_103471.png)

> [The director of the institute where I was working apologized about these young, enthusiastic researchers when the World Bank visited because he…](https://sms4smile.com/quotes/vandana-shiva/the-director-of-the-institute-where-i-was-working-apologized-about/)

[Vandana Shiva](https://sms4smile.com/quotes/author/vandana-shiva/)

[Image](https://sms4smile.com/quotes/i/261/vandana-shiva-2756_back-home_the-director-of-the-institute-where-i-wa_1757296.jpg)

> [Car prices play a large role in calculating PPPs even while they play no role whatsoever in the consumption or consumption needs…](https://sms4smile.com/quotes/thomas-pogge/car-prices-play-a-large-role-in-calculating-ppps-even-while-they-play/)

[Thomas Pogge](https://sms4smile.com/quotes/author/thomas-pogge/)

[Image](https://sms4smile.com/quotes/i/d76/thomas-pogge-7757_beans_car-prices-play-a-large-role-in-calculat_1114443.jpg)

> [“Development isn't a collection of things but rather a process that yields things. Not knowing this, governments, their development and aid agencies,…](https://sms4smile.com/quotes/jane-jacobs/development-isn-t-a-collection-of-things-but-rather-a-process-that/)

[Jane Jacobs](https://sms4smile.com/quotes/author/jane-jacobs/)

[Image](https://sms4smile.com/quotes/i/c37/jane-jacobs-1991_world-bank_development-isn-t-a-collection-of-things_108886.png)

> [“The processes of corporate power do not work in isolation. The economic and legal mechanisms that allow the privatization of the commonwealth,…](https://sms4smile.com/quotes/george-draffan/the-processes-of-corporate-power-do-not-work-in-isolation-the/)

[George Draffan](https://sms4smile.com/quotes/author/george-draffan/)

[Image](https://sms4smile.com/quotes/i/8a7/george-draffan-108887_corporate-influence_the-processes-of-corporate-power-do-not_2317088.jpg)

> [“Social science now tells us that if we can take indigent girls between the ages of 10 and 14 and give them…](https://sms4smile.com/quotes/elizabeth-gilbert/social-science-now-tells-us-that-if-we-can-take-indigent-girls/)

[Elizabeth Gilbert](https://sms4smile.com/quotes/author/elizabeth-gilbert/)

[Image](https://sms4smile.com/quotes/i/89b/elizabeth-gilbert-131_child-labor_social-science-now-tells-us-that-if-we-c_1441163.jpg)

> [ “a 1960 self-published broadside, A Business Man Looks at Communism, Koch claimed that “the Communists have infiltrated both the Democrat \[sic\] and… ](https://sms4smile.com/quotes/jane-mayer/a-1960-self-published-broadside-a-business-man-looks-at-communism/)

[Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/)

[Image](https://sms4smile.com/quotes/i/995/jane-mayer-1031_armed-services_a-1960-self-published-broadside-a-busine_1593079.png)

> [“Countless aid organizations and governments are convinced that they know what poor people need, and invest in schools, solar panels, or cattle.…](https://sms4smile.com/quotes/rutger-bregman/countless-aid-organizations-and-governments-are-convinced-that-they/)

[Rutger Bregman](https://sms4smile.com/quotes/author/rutger-bregman/)

[Image](https://sms4smile.com/quotes/i/651/rutger-bregman-2463_education_countless-aid-organizations-and-governme_2835821.jpg)

> [“Neoliberal economics, the logic of which is tending today to win out throughout the world thanks to international bodies like the World…](https://sms4smile.com/quotes/pierre-bourdieu/neoliberal-economics-the-logic-of-which-is-tending-today-to-win-out/)

[Pierre Bourdieu](https://sms4smile.com/quotes/author/pierre-bourdieu/)

[Image](https://sms4smile.com/quotes/i/9ea/pierre-bourdieu-16809_beliefs-and-values_neoliberal-economics-the-logic-of-which_2198469.jpg)

> [“Professor Joseph Stiglitz, former Chief Economist of the World Bank, and former Chairman of President Clinton's Council of Economic Advisers, goes public…](https://sms4smile.com/quotes/anonymous/professor-joseph-stiglitz-former-chief-economist-of-the-world-bank/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

[Image](https://sms4smile.com/quotes/i/8fd/anonymous-1_bank-account_professor-joseph-stiglitz-former-chief-e_2648009.jpg)

> [“Some days he walked along the banks of the river that smelled of shit and pesticides bought with World Bank loans.”](https://sms4smile.com/quotes/arundhati-roy/some-days-he-walked-along-the-banks-of-the-river-that-smelled-of-shit/)

[Arundhati Roy](https://sms4smile.com/quotes/author/arundhati-roy/)

[Image](https://sms4smile.com/quotes/i/b9a/arundhati-roy-346_globalization_some-days-he-walked-along-the-banks-of-t_1123191.png)

> [Since I came to the World Bank in 2007, I have argued that we must 'modernize multilateralism.'](https://sms4smile.com/quotes/robert-zoellick/since-i-came-to-the-world-bank-in-2007-i-have-argued-that-we-must/)

[Robert Zoellick](https://sms4smile.com/quotes/author/robert-zoellick/)

[Image](https://sms4smile.com/quotes/i/93f/robert-zoellick-25073_argued_since-i-came-to-the-world-bank-in-2007-i_365693.jpg)

## Top authors on World bank

- [Jim Yong Kim 5 quotes](https://sms4smile.com/quotes/about/world-bank/jim-yong-kim/)

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                        "text": "The World Bank is now the biggest culprit in the debt crisis.",
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                        "text": "To claim the World Bank is just an extension of US foreign policy is just wrong.",
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                        "text": "To claim the World Bank is just an extension of U.S. foreign policy is just wrong.",
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                        "@type": "Quotation",
                        "text": "The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.",
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                            "@type": "Person",
                            "name": "Jose Saramago"
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                        "@type": "Quotation",
                        "text": "I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.",
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                            "name": "Jim Yong Kim"
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                        "text": "The World Bank adjusts its poverty estimates for differences in prices across countries, but it ignores differences in needs.",
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                            "@type": "Person",
                            "name": "Angus Deaton"
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                        "text": "The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That's shocking and disingenuous.",
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                            "name": "Paul Singer"
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                        "url": "https://sms4smile.com/quotes/paul-singer/the-congo-is-very-wealthy-from-oil-money-but-is-not-paying-its-debts/",
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                        "text": "My dad's main client was the World Bank, and he spent most of his time traveling to Third World countries. His particular interest lay in the eradication of poverty through development and business.",
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                            "@type": "Person",
                            "name": "Hugh Jackman"
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                        "@type": "Quotation",
                        "text": "One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting infrastructure projects that will help with job creation across the region.",
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                            "@type": "Person",
                            "name": "Abdul Aziz Al Ghurair"
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                            "caption": "“One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates…” — Abdul Aziz Al Ghurair",
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                        "@type": "Quotation",
                        "text": "I would like to see many times more dollars going into the education for girls. The World Bank has some wonderful statistics in terms of the importance of educating girls as a way of lifting whole societies out of poverty.",
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                            "@type": "Person",
                            "name": "Swanee Hunt"
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                        "@type": "Quotation",
                        "text": "Ya know, Hitler was this evil, evil man. But with the World Bank and Israel manipulating America, he might have been on to something...",
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                            "@type": "Person",
                            "name": "Zach Braff"
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                        "@type": "Quotation",
                        "text": "It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus on stabilization, liberalization, privatization.",
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                            "@type": "Person",
                            "name": "Joseph Stiglitz"
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                        "@type": "Quotation",
                        "text": "The Muslim leaders swallow the advice of the Western powers and bodies like the IMF and World Bank, even when it is bad for their countries and they know this.",
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                            "name": "Abu Bakar Bashir"
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                        "@type": "Quotation",
                        "text": "The culture of death is imposed by economic and political interests, the arrogance of power, corruption. I blame the first world for having taken our riches for so many years. I am speaking of the superpowers that dominate the life of the world. More concretely, the World Bank, the IMF. Those that have caused and tolerated the death of our people, those responsible for the plundering of the third world. Silence is also part of repression.",
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                            "name": "Rigoberta Menchu"
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                        "text": "The IMF and the World Bank, the most opaque and secretive entities, put millions into NGOs who fight against \"corruption\" and for \"transparency.\" They want the Rule of Law - as long as they make the laws. They want transparency in order to standardise a situation, so that global capital can flow without any impediment.",
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                            "name": "Arundhati Roy"
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                        "@type": "Quotation",
                        "text": "“The World Bank, anxious that the last vestiges of Zimbabwe's former inclination toward socialism be abandoned, successfully urged the imposition of a token tuition charge for all grade levels. Equivalent to one U. S. dollar per year per child, this fee constitutes a burden to the poorest families, who have responded by sending only boys to classes. Too many of the girls . . . have resorted to prostitution in order to eat.”",
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                            "name": "Michael Dorris"
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                        "text": "During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical economics. A standard message was to increase labor market flexibility. The not-so-subtle subtext was to lower wages and lay off unneeded workers.",
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                        "text": "Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.",
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                        "text": "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.",
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                        "text": "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.",
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                        "text": "I think one of the main challenges that the World Bank faces is creating an organizational structure that doesn't get in the way of its staff. We have fantastic staff. People told me as I was coming into the organization that the greatest asset of the World Bank Group is its staff, and I think there's no question that that's the case.",
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                        "text": "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.",
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                        "text": "In 88 poor countries for which we have data, in each and every one of the 88, the PPP for food shows that poor people can buy less food than you would expect from the PPP that the World Bank is using. The reason for this is obvious on reflection. It has to do with the fact that most foodstuffs are tradable commodities: basic foodstuffs, such as rice, flour and beans, can easily be conveyed across national borders and their prices will therefore roughly mirror the exchange rates among currencies.",
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                        "text": "“[Farmer] went to dozens of American and Canadian universities and colleges, preaching his O for the P [Preferential Option for the Poor] gospel, and to South Africa, where he debated a World Bank official at an international AIDS conference. \"Africans must learn to curb their sexual appetites,\" the banker remarked, and Farmer replied, \"I want to talk about other bankers, not the World Bankers, but bankers in general. My suspicion is they're not getting a lot of sex, because they spend a lot of time screwing the poor.”",
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                        "text": "“I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO), and the World Bank, were not only not doing all that they could to help these [developing] countries but were sometimes making their life more difficult. IMF programs had clearly worsened the East Asian crisis, and the \"shock therapy\" they had pushed in the former Soviet Union and its satellites played an important role in the failure of the transition.”",
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                        "text": "“Let the trees be consulted before you take any action every time you breathe in thank a tree let tree roots crack parking lots at the world bank headquarters let loggers be druids specially trained and rewarded to sacrifice trees at auspicious times let carpenters be master artisans let lumber be treasured like gold let chain saws be played like saxophones let soldiers on maneuvers plant trees give police and criminals a shovel and a thousand seedlings let businessmen carry pocketfuls of acorns let newlyweds honeymoon in the woods walk don't drive stop reading newspapers stop writing poetry squat under a tree and tell stories.”",
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                        "text": "The director of the institute where I was working apologized about these young, enthusiastic researchers when the World Bank visited because he was afraid the institute would lose the World Bank consultancies.I went back home and started the Research Foundation for Science, Technology, and Ecology—an extremely elaborate name for the tiny institute that I started in my mother’s cow shed. My parents handed over family resources and said, “Put them to public purpose.” That’s how I survived.",
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                        "text": "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.",
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                        "text": "“Development isn't a collection of things but rather a process that yields things. Not knowing this, governments, their development and aid agencies, the World Bank, and much of the public put faith in a fallacious 'Thing Theory' of development. The Thing Theory supposes that development is the result of possessing things such as factories, dams, schools, tractors, whatever- often bunches of things subsumed under the category of infrastructure. To suppose that things, per se, are sufficient to produce development creates false expectations and futilities.”",
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                        "text": "“The processes of corporate power do not work in isolation. The economic and legal mechanisms that allow the privatization of the commonwealth, externalization of costs, predatory economic practices, political influence-buying, manipulation of regulation and deregulation, control of the media, propaganda and advertising in schools, and the use of police and military forces to protect the property of the wealthy-all of these work synergistically to weave a complex web of power. Activists have dedicated lifetimes of necessary work to deal with the results of corporate power, by trying to mitigate the results of power: an ever-increasing disparity in wealth and power and continual economic, political, environmental, and human rights crises. For social justice campaigns to be strategic, it is also necessary to examine how privatization, externalization, monopoly, and other corporate power processes have been institutionalized. This institutionalization is exemplified in the structural adjustment programs of the World Bank and International Monetary Fund, and in recent \"free\" trade agreements which have culminated in the creation of the World Trade Organization. An understanding of such institutions provides a necessary tool for achieving the long-term goals of environmental sustainability and social justice.”",
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                        "text": "“Social science now tells us that if we can take indigent girls between the ages of 10 and 14 and give them a basic education, we can change the fabric of an entire community. If we can capture them in that fleeting window, great social advances can be achieved. Give enough young girls an education and per capita income will go up; infant mortality will go down; the rate of economic growth will increase; the rate of HIV/AIDS infection will fall. Child marriages will be less common; child labor, too. Better farming practices will be put into place, which means better nutrition will follow, and overall family health in that community will climb. Educated girls, as former World Bank official Barbara Herz has written, tend to insist that their children be educated. And when a nation has smaller, healthier, better-educated families, economic productivity shoots up, environmental pressures ease, and everyone is better-off. As Lawrence Summers, a former Harvard University president, put it: “Educating girls may be the single highest return investment available in the developing world.” Why is that? Well, you can make all the interpretations you like; you can posit the gendered arguments; but the numbers do not lie.”",
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                        "@type": "Quotation",
                        "text": "“a 1960 self-published broadside, A Business Man Looks at Communism, Koch claimed that “the Communists have infiltrated both the Democrat [sic] and Republican Parties.” Protestant churches, public schools, universities, labor unions, the armed services, the State Department, the World Bank, the United Nations, and modern art, in his view, were all Communist tools. He wrote admiringly of Benito Mussolini’s suppression of Communists in Italy and disparagingly of the American civil rights movement. The Birchers agitated to impeach Chief Justice Earl Warren after the Supreme Court voted to desegregate the public schools in the case Brown v. Board of Education, which had originated in Topeka, in the Kochs’ home state of Kansas. “The colored man looms large in the Communist plan to take over America,” Fred Koch claimed in his pamphlet. Welfare in his view was a secret plot to attract rural blacks to cities, where he predicted that they would foment “a vicious race war.” In a 1963 speech, Koch claimed that Communists would “infiltrate the highest offices of government in the U.S. until the President is a Communist, unknown to the rest of us.”",
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                            "name": "Jane Mayer"
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                            "caption": "“a 1960 self-published broadside, A Business Man Looks at Communism, Koch claimed that “the Communists have…” — Jane Mayer",
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                        "text": "“Countless aid organizations and governments are convinced that they know what poor people need, and invest in schools, solar panels, or cattle. And, granted, better a cow than no cow. But at what cost? A Rwandan study estimated that donating one pregnant cow costs around $3,000 (including a milking workshop). That’s five years’ wages for a Rwandan.17 Or take the patchwork of courses offered to the poor: Study after study has shown that they cost a lot but achieve little, whether the objective is learning to fish, read, or run a business.18 “Poverty is fundamentally about a lack of cash. It’s not about stupidity,” stresses the economist Joseph Hanlon. “You can’t pull yourself up by your bootstraps if you have no boots.”19 The great thing about money is that people can use it to buy things they need instead of things that self-appointed experts think they need. And, as it happens, there is one category of product which poor people do not spend their free money on, and that’s alcohol and tobacco. In fact, a major study by the World Bank demonstrated that in 82% of all researched cases in Africa, Latin America, and Asia, alcohol and tobacco consumption actually declined.20”",
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                            "name": "Rutger Bregman"
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                        "text": "“Neoliberal economics, the logic of which is tending today to win out throughout the world thanks to international bodies like the World Bank or the International Monetary Fund and the governments to whom they, directly or indirectly, dictate their principles of ‘governance’,10 owes a certain number of its allegedly universal characteristics to the fact that it is immersed or embedded in a particular society, that is to say, rooted in a system of beliefs and values, an ethos and a moral view of the world, in short, an economic common sense, linked, as such, to the social and cognitive structures of a particular social order. It is from this particular economy that neoclassical economic theory borrows its fundamental assumptions, which it formalizes and rationalizes, thereby establishing them as the foundations of a universal model. That model rests on two postulates (which their advocates regard as proven propositions): the economy is a separate domain governed by natural and universal laws with which governments must not interfere by inappropriate intervention; the market is the optimum means for organizing production and trade efficiently and equitably in democratic societies. It is the universalization of a particular case, that of the United States of America, characterized fundamentally by the weakness of the state which, though already reduced to a bare minimum, has been further weakened by the ultra-liberal conservative revolution, giving rise as a consequence to various typical characteristics: a policy oriented towards withdrawal or abstention by the state in economic matters; the shifting into the private sector (or the contracting out) of ‘public services’ and the conversion of public goods such as health, housing, safety, education and culture – books, films, television and radio – into commercial goods and the users of those services into clients; a renunciation (linked to the reduction in the capacity to intervene in the economy) of the power to equalize opportunities and reduce inequality (which is tending to increase excessively) in the name of the old liberal ‘self-help’ tradition (a legacy of the Calvinist belief that God helps those who help themselves) and of the conservative glorification of individual responsibility (which leads, for example, to ascribing responsibility for unemployment or economic failure primarily to individuals, not to the social order, and encourages the delegation of functions of social assistance to lower levels of authority, such as the region or city); the withering away of the Hegelian–Durkheimian view of the state as a collective authority with a responsibility to act as the collective will and consciousness, and a duty to make decisions in keeping with the general interest and contribute to promoting greater solidarity. Moreover,”",
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                        "text": "“Professor Joseph Stiglitz, former Chief Economist of the World Bank, and former Chairman of President Clinton's Council of Economic Advisers, goes public over the World Bank’s, “Four Step Strategy,” which is designed to enslave nations to the bankers. I summarise this below, 1. Privatisation. This is actually where national leaders are offered 10% commissions to their secret Swiss bank accounts in exchange for them trimming a few billion dollars off the sale price of national assets. Bribery and corruption, pure and simple. 2. Capital Market Liberalization. This is the repealing any laws that taxes money going over its borders. Stiglitz calls this the, “hot money,” cycle. Initially cash comes in from abroad to speculate in real estate and currency, then when the economy in that country starts to look promising, this outside wealth is pulled straight out again, causing the economy to collapse. The nation then requires International Monetary Fund (IMF) help and the IMF provides it under the pretext that they raise interest rates anywhere from 30% to 80%. This happened in Indonesia and Brazil, also in other Asian and Latin American nations. These higher interest rates consequently impoverish a country, demolishing property values, savaging industrial production and draining national treasuries. 3. Market Based Pricing. This is where the prices of food, water and domestic gas are raised which predictably leads to social unrest in the respective nation, now more commonly referred to as, “IMF Riots.” These riots cause the flight of capital and government bankruptcies. This benefits the foreign corporations as the nations remaining assets can be purchased at rock bottom prices. 4. Free Trade. This is where international corporations burst into Asia, Latin America and Africa, whilst at the same time Europe and America barricade their own markets against third world agriculture. They also impose extortionate tariffs which these countries have to pay for branded pharmaceuticals, causing soaring rates in death and disease.”",
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                        "text": "“Some days he walked along the banks of the river that smelled of shit and pesticides bought with World Bank loans.”",
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                        "text": "Since I came to the World Bank in 2007, I have argued that we must 'modernize multilateralism.'",
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                            "name": "Robert Zoellick"
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                            "caption": "“Since I came to the World Bank in 2007, I have argued that we must 'modernize multilateralism.'” — Robert Zoellick",
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