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

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.

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.

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

One of the challenges for sub-Saharan Africa is that markets are of modest size. This makes regional integration important.

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