IMF's Rato pays tribute to James Wolfensohn

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued a statement on Tuesday 31 May paying tribute to James D. Wolfensohn, the outgoing President of the World Bank.

"Over the past decade, the global economy has achieved unprecedented prosperity built on trade, international capital flows and technological innovation. Amidst this undeniable progress, however, remain widespread poverty, disease, and illiteracy. In a world made smaller by modern telecommunications, s

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