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Assistance Quote by James Wolfensohn

“Well the specific role of the World Bank is to be ready with financial assistance immediately after this emergency takes place because you need to reconnect water, you need to reconnect power, you need roads, you need bridges, and that has to be done urgently.” quote by James Wolfensohn
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“Well the specific role of the World Bank is to be ready with financial assistance immediately after this emergency takes place because you need to reconnect water, you need to reconnect power, you need roads, you need bridges, and that has to be done urgently.”

James Wolfensohn

About This Quote

Source Report: World Bank Annual Review, 2005

The Bank must quickly fund infrastructure after disasters to restore essential services.

In simple terms: Bank must be ready with money after emergencies.

Key Takeaway

Provide rapid financial aid for disaster recovery.

Themes

humanitarian finance infrastructure urgency

Mood

urgent responsible

Type

practical policy

When to use this quote

  • emergency relief
  • rebuilding roads
  • restoring power
  • water supply

Key Concepts

disaster response economic development

Questions to Reflect On

  • What mechanisms ensure immediate aid?
  • How can banks improve response speed?
A Different Perspective

Funding can be delayed by bureaucracy.

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