Trade : The Missing Link to Opportunity

Paul Wolfowitz, President of the World Bank, argued that the Doha Round presents an opportunity to rewrite the rules of an unfair trading system that holds back the potential of the poorest people. As important as aid is, as important as debt relief is, the opportunities generated by trade are far m...

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Main Author: Wolfowitz, Paul
Format: Speech
Language:English
en_US
Published: 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/02/25887362/remarks-trade-missing-link-opportunity-national-press-club-washington-dc-wolfowitz-paul-president
http://hdl.handle.net/10986/24886
id okr-10986-24886
recordtype oai_dc
spelling okr-10986-248862021-04-23T14:04:20Z Trade : The Missing Link to Opportunity Wolfowitz, Paul TARIFFS TERRORISM CIVIL SERVANT ZERO TOLERANCE VILLAGES DEVELOPMENT ASSISTANCE CORRUPT PEOPLE BRIBERY POLITICS CIVIL SERVANTS FOREIGN INVESTORS BRIBES VILLAGE FUTURES PRINCIPAL INTEREST GOVERNMENT GOOD GOVERNANCE SERVICES DEVELOPING COUNTRIES EQUAL AMOUNT MULTINATIONAL MINISTER SANCTIONS PROJECTS CRIME CORRUPTION MARKET ACCESS BENEFICIARIES MINISTERS DEVELOPING COUNTRY INSTRUMENTS AUDITS CREDIBILITY ECONOMIC ACTIVITY INTERNATIONAL FINANCE CREDITS GLOBAL ECONOMY PENALTIES BUSINESSMAN TRANSPORT UNION AGREEMENTS CONTRACTS CIVIL SOCIETY TRIAL TRADING INITIATIVE OPTIONS PRODUCTIVITY FREEDOM OF THE PRESS DEBT MARKETS ORGANIZATIONS RETURN LEGISLATION LOANS FARMERS RULE OF LAW SUBSIDIES FINANCE INFRASTRUCTURE BANKS LIBERALIZATION OF TRADE TRANSACTION INVESTORS GOOD ACCOUNTABILITY FRAUD CAPITAL CREDIT FACILITY POLICIES TRANSPARENCY POLICE WOMAN FUTURE FAMILY BANK CREDIT BRIBE ANTI-CORRUPTION FISCAL YEAR INVESTIGATIONS MARKET ACCESS TO MARKETS NEW MARKETS POLICY FREE PRESS GOVERNANCE SHAREHOLDERS INSURANCE JUSTICE ECONOMIC DEVELOPMENT STOLEN FUNDS INTERESTS PROSECUTOR GOODS TRADING SYSTEM SECURITY BANK LOANS HUSBAND INVESTMENT EXTREME POVERTY SHARE ORGANIZATION INVESTMENT CLIMATE POVERTY TARIFF LAW STUDENTS INVESTMENTS LENDING CHECK AGREEMENT FAMILIES WOMEN GOVERNMENTS GUARANTEE DEBT RELIEF Paul Wolfowitz, President of the World Bank, argued that the Doha Round presents an opportunity to rewrite the rules of an unfair trading system that holds back the potential of the poorest people. As important as aid is, as important as debt relief is, the opportunities generated by trade are far more significant. Unless the people of Africa and other poor countries have access to markets to sell their products, they will not escape poverty or be able to give their children a better future. He said, under the current rules, rich countries are allowed to keep barriers highest on the goods produced by poor countries. Wolfowitz emphasized that rich countries pay out a total of 280 billion dollars in subsidies to their farmers each year. But the real damage is done to farmers in poor countries who are denied markets to sell their goods. It is their children who go hungry, who are deprived of clean water, medicines, and the most basic necessities of life. 2016-08-15T18:27:24Z 2016-08-15T18:27:24Z 2005-12-07 Speech http://documents.worldbank.org/curated/en/2016/02/25887362/remarks-trade-missing-link-opportunity-national-press-club-washington-dc-wolfowitz-paul-president http://hdl.handle.net/10986/24886 English en_US Remarks at National Press Club, Washington D.C., December 7, 2005; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Speech
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TARIFFS
TERRORISM
CIVIL SERVANT
ZERO TOLERANCE
VILLAGES
DEVELOPMENT ASSISTANCE
CORRUPT
PEOPLE
BRIBERY
POLITICS
CIVIL SERVANTS
FOREIGN INVESTORS
BRIBES
VILLAGE
FUTURES
PRINCIPAL
INTEREST
GOVERNMENT
GOOD GOVERNANCE
SERVICES
DEVELOPING COUNTRIES
EQUAL AMOUNT
MULTINATIONAL
MINISTER
SANCTIONS
PROJECTS
CRIME
CORRUPTION
MARKET ACCESS
BENEFICIARIES
MINISTERS
DEVELOPING COUNTRY
INSTRUMENTS
AUDITS
CREDIBILITY
ECONOMIC ACTIVITY
INTERNATIONAL FINANCE
CREDITS
GLOBAL ECONOMY
PENALTIES
BUSINESSMAN
TRANSPORT
UNION
AGREEMENTS
CONTRACTS
CIVIL SOCIETY
TRIAL
TRADING
INITIATIVE
OPTIONS
PRODUCTIVITY
FREEDOM OF THE PRESS
DEBT
MARKETS
ORGANIZATIONS
RETURN
LEGISLATION
LOANS
FARMERS
RULE OF LAW
SUBSIDIES
FINANCE
INFRASTRUCTURE
BANKS
LIBERALIZATION OF TRADE
TRANSACTION
INVESTORS
GOOD
ACCOUNTABILITY
FRAUD
CAPITAL
CREDIT FACILITY
POLICIES
TRANSPARENCY
POLICE
WOMAN
FUTURE
FAMILY
BANK
CREDIT
BRIBE
ANTI-CORRUPTION
FISCAL YEAR
INVESTIGATIONS
MARKET
ACCESS TO MARKETS
NEW MARKETS
POLICY
FREE PRESS
GOVERNANCE
SHAREHOLDERS
INSURANCE
JUSTICE
ECONOMIC DEVELOPMENT
STOLEN FUNDS
INTERESTS
PROSECUTOR
GOODS
TRADING SYSTEM
SECURITY
BANK LOANS
HUSBAND
INVESTMENT
EXTREME POVERTY
SHARE
ORGANIZATION
INVESTMENT CLIMATE
POVERTY
TARIFF
LAW
STUDENTS
INVESTMENTS
LENDING
CHECK
AGREEMENT
FAMILIES
WOMEN
GOVERNMENTS
GUARANTEE
DEBT RELIEF
spellingShingle TARIFFS
TERRORISM
CIVIL SERVANT
ZERO TOLERANCE
VILLAGES
DEVELOPMENT ASSISTANCE
CORRUPT
PEOPLE
BRIBERY
POLITICS
CIVIL SERVANTS
FOREIGN INVESTORS
BRIBES
VILLAGE
FUTURES
PRINCIPAL
INTEREST
GOVERNMENT
GOOD GOVERNANCE
SERVICES
DEVELOPING COUNTRIES
EQUAL AMOUNT
MULTINATIONAL
MINISTER
SANCTIONS
PROJECTS
CRIME
CORRUPTION
MARKET ACCESS
BENEFICIARIES
MINISTERS
DEVELOPING COUNTRY
INSTRUMENTS
AUDITS
CREDIBILITY
ECONOMIC ACTIVITY
INTERNATIONAL FINANCE
CREDITS
GLOBAL ECONOMY
PENALTIES
BUSINESSMAN
TRANSPORT
UNION
AGREEMENTS
CONTRACTS
CIVIL SOCIETY
TRIAL
TRADING
INITIATIVE
OPTIONS
PRODUCTIVITY
FREEDOM OF THE PRESS
DEBT
MARKETS
ORGANIZATIONS
RETURN
LEGISLATION
LOANS
FARMERS
RULE OF LAW
SUBSIDIES
FINANCE
INFRASTRUCTURE
BANKS
LIBERALIZATION OF TRADE
TRANSACTION
INVESTORS
GOOD
ACCOUNTABILITY
FRAUD
CAPITAL
CREDIT FACILITY
POLICIES
TRANSPARENCY
POLICE
WOMAN
FUTURE
FAMILY
BANK
CREDIT
BRIBE
ANTI-CORRUPTION
FISCAL YEAR
INVESTIGATIONS
MARKET
ACCESS TO MARKETS
NEW MARKETS
POLICY
FREE PRESS
GOVERNANCE
SHAREHOLDERS
INSURANCE
JUSTICE
ECONOMIC DEVELOPMENT
STOLEN FUNDS
INTERESTS
PROSECUTOR
GOODS
TRADING SYSTEM
SECURITY
BANK LOANS
HUSBAND
INVESTMENT
EXTREME POVERTY
SHARE
ORGANIZATION
INVESTMENT CLIMATE
POVERTY
TARIFF
LAW
STUDENTS
INVESTMENTS
LENDING
CHECK
AGREEMENT
FAMILIES
WOMEN
GOVERNMENTS
GUARANTEE
DEBT RELIEF
Wolfowitz, Paul
Trade : The Missing Link to Opportunity
relation Remarks at National Press Club, Washington D.C., December 7, 2005;
description Paul Wolfowitz, President of the World Bank, argued that the Doha Round presents an opportunity to rewrite the rules of an unfair trading system that holds back the potential of the poorest people. As important as aid is, as important as debt relief is, the opportunities generated by trade are far more significant. Unless the people of Africa and other poor countries have access to markets to sell their products, they will not escape poverty or be able to give their children a better future. He said, under the current rules, rich countries are allowed to keep barriers highest on the goods produced by poor countries. Wolfowitz emphasized that rich countries pay out a total of 280 billion dollars in subsidies to their farmers each year. But the real damage is done to farmers in poor countries who are denied markets to sell their goods. It is their children who go hungry, who are deprived of clean water, medicines, and the most basic necessities of life.
format Speech
author Wolfowitz, Paul
author_facet Wolfowitz, Paul
author_sort Wolfowitz, Paul
title Trade : The Missing Link to Opportunity
title_short Trade : The Missing Link to Opportunity
title_full Trade : The Missing Link to Opportunity
title_fullStr Trade : The Missing Link to Opportunity
title_full_unstemmed Trade : The Missing Link to Opportunity
title_sort trade : the missing link to opportunity
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/02/25887362/remarks-trade-missing-link-opportunity-national-press-club-washington-dc-wolfowitz-paul-president
http://hdl.handle.net/10986/24886
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