Joseph Stiglitz Quotes

We have the ability now to arrange global economic institutions so that poverty declines to a fraction of what it is now.

The only really effective means of enabling States to deal with the grave problem of poverty is to provide them with the necessary resources through foreign financial aid - public and private - granted under reasonable conditions, within the framework of international commercial relations regulated with fairness.

World Bank is a bank that's focused on economic development and poverty alleviation.

My dad's main client was the World Bank, and he spent most of his time traveling to Third World countries. His particular interest lay in the eradication of poverty through development and business.

Since I came to the World Bank in 2007, I have argued that we must 'modernize multilateralism.'

To claim the World Bank is just an extension of U.S. foreign policy is just wrong.

I want to eradicate poverty. I think that there's a tremendous passion for that inside the World Bank.

The IMF acts on the mandate of the international community.

Let us, above all, be clear that, without a convincing program of debt relief to start the new millennium, our objective of halving world poverty by 2015 will be only a pipe dream.

By 2035, there will be almost no poor countries left in the world.

I don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.

I do wish that the IMF and the World Bank would disappear soon.

You can't tackle climate change until you tackle poverty.

I think the UN's role - especially since it's not an extremely rich fund, and that's to put it mildly - is mainly to act as a leading thinker of the world in terms of how to think about the future.

I don't think that developing countries gained from a two-stage process. A single phase summit (which is, after all, a two year process, not a three day event) would have built awareness, and would probably have led to more substantive conclusions at the end of the first summit meeting. Civil society may have gained a bit more from the networking experience, but it was less effective at networking in the second phase.

People from the world's richest countries should be prepared to accept the burden of debt reduction for heavily indebted poor countries, and should urge their leaders to fulfill the pledges made to reduce world poverty, especially in Africa, by the year 2015.

There's a unique thing about the UK, where you give a very generous foreign aid budget to support globally, which is spent wisely. We partner with the government here to make sure that that money is spent well.

The United Nations believes we cannot continue to ignore 800 million people…. to solve the problem we must have two Chinas.

What does peace mean in a world in which the combined wealth of the world's 587 billionaires exceeds the combined gross domestic product of the world's 135 poorest countries?

I believe and still believe that the Chinese government puts great weight on the experience of the Bank in terms of development.

If you enter the World Bank office in Washington, D.C., you will see written on the left wall, 'The purpose of the World Bank is to fight poverty with passion.' I had it put up there because I wanted something that unites us as an institution.

Without effective states working with active and involved citizens, there is little chance for the growth that is needed to abolish global poverty.

Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.

While other countries may espouse the liberal utopian dream of a global community, it's usually only to get the richer countries to pay more money for the world's problems.

Rwanda is an example in terms of the transformation of the rights of women. But if you talk to almost any Africanist at the State Department or the World Bank, when you say the word Africa, they think women.