All of us make mistakes. The key is to acknowledge them, learn, and move on. The real sin is ignoring mistakes, or worse, seeking to hide them.

It is vital that the World Bank Group continually challenges itself to refresh our development thinking. It is vital that a modernized multilateralism be open to new ideas.

The world is only one poor harvest away from chaos. We are so close to the edge that politically destabilising food prices could come at any time

In London, Washington, and Paris, people talk of bonuses or no bonuses. In parts of Africa, South Asia, and Latin America, the struggle is for food or no food.

Corruption is a cancer that steals from the poor, eats away at governance and moral fibre and destroys trust.

There are many roads to prosperity, but one must be taken. Inaction leads nowhere.

When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.