Jim Yong Kim Quotes
Haiti's economy cannot be built by and benefit just a privileged few. It must be built by and benefit all Haitians.
Kim, Jim Yong. "Remarks during Visit to Haiti." World Bank Group, 6 Nov. 2012.
The "Great Depression" began the following year.
At the time of this quotation, the nation had gone through more than 3 decades of enormous increase in prosperity for the wealthy, and modest gains for the highly skilled, technically trained workers. However, correcting for inflation, average salaries did not increase at all. The middle class was particularly hard hit. Only 20 percent of the population benefitted from the growth at all; however, the 1 percent had rarely prospered more. Kenworthy’s principle did not apply for this period of American history.
Jim Yong Kim, also known as Kim Yong (김용/金墉), is an American physician and anthropologist who served as the 12th president of the World Bank from 2012 to 2019. On January 7, 2019, he announced that he would step down effective February 1, 2019.