Annual Meetings 2009
ISTANBUL, TURKEY, OCTOBER 6, 2009—World Bank President Robert Zoellick told delegates from all over the globe that his institution needs to be more nimble and efficient in order to best serve developing countries.
Zoellick says the world has changed since the creation of the World Bank 55 years ago.
To that end, Zoellick pledged to give developing countries a larger voice in the Bank’s operations…up to 47 percent of the vote.
He also says developing countries could become an important engine for growth that could create a more balanced global economy.
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