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.

I was deeply concerned then, and have become more concerned since, that unless we can deal with the questions of development and the questions of poverty, there's no way that we're going to have a peaceful world for our children.

Ownership is a sine qua non of sustainable development.

The first thing that you need to deal with is the issue of equity and poverty.

Too many of the conflicts which are caused today are caused by the problems that emerge from people who are in poverty.

But when someone is on a winning horse, and everything looks wonderful, it's very hard as an outsider to persuade them something is wrong.

I think that's one of the reasons for the Sarajevo conference, that Yugoslavia, Serbia, return to the family of nations because enduring peace can only come when you have Serbia within that framework.