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Development Quote by James Wolfensohn

“Ownership is a sine qua non of sustainable development.” quote by James Wolfensohn
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“Ownership is a sine qua non of sustainable development.”

James Wolfensohn

About This Quote

Source Speech: World Bank Annual Meeting, 2005

Ownership is essential for sustainable development; people must control resources to maintain them.

In simple terms: Ownership drives sustainable development.

Key Takeaway

Promote secure property rights for development.

Themes

development ownership environment economics rights

Mood

analytical inspirational

Type

policy philosophical

When to use this quote

  • rural land reform
  • urban housing projects
  • resource management
  • NGO programs

Key Concepts

Sustainability property law community empowerment

Questions to Reflect On

  • How does ownership affect environmental stewardship?
  • What policies protect ownership rights?
A Different Perspective

Secure rights can be hard to enforce in weak institutions.

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