James Wolfensohn

I don’t know whether to call it hypocritical or a crime or simply being blind, but the one thing I’m certain of is that the developed countries must open up their markets. It makes no logical sense to try and help developing countries develop their productive capacity and then deny them access to markets. It makes no sense to spend $300 billion a year on agricultural subsidies for farmers in developed countries and pass $50 billion a year as the totality of development assistance to developing countries. It just makes no sense. And so that wrong needs to be righted. It is difficult and it needs to be done over time, but we need to open markets so that the countries can develop their capacities to export, their quality of exports, and really have a chance. So I am one of those who is vigorous in the fight not about opening markets in developing countries but about opening markets in developed countries.

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