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FOR IMMEDIATE RELEASE
Contact: Mary Caffrey 609/258-5748
Date: April 18, 1997
James D. Wolfensohn, World Bank President, to Address Opportunities and Risks in Emerging Markets
Princeton, N.J. -- James D. Wolfensohn, the ninth president of the World Bank, will give a public lecture, "Opportunities and Risks in Emerging Markets," at 5 p.m. May 2 in McCosh 50. Afterward, Wolfensohn will take questions from the audience.
Wolfensohn's address is sponsored by the University's Center for Economic Policy Studies and is one of several lectures associated with the celebration of Princeton's 250th Anniversary.
Since Wolfensohn assumed his position at the World Bank on June 1, 1995, he has dedicated himself to deepening his understanding, at the grassroots level, of the challenges facing the World Bank and its member countries. He has traveled to Africa, Latin America, the Caribbean, Eastern Europe and Central Asia, the Middle East, and East Asia, and has met with the Bank partners, representatives of business, labor, nongovernmental organizations, church groups, the media, students, teachers, and government officials.
Prior to joining the World Bank, Wolfensohn was an international investment banker who played a prominent role in support of the performing arts. He was president and chief executive officer at James D. Wolfensohn Incorporated, in which he relinquished all interest upon joining the World Bank.
Apart from his position at the Bank, Wolfensohn holds several key positions in the international community. He is chairman of the Institute for Advanced Study, located in Princeton, and is chairman of the finance committee of the Howard Hughes Medical Institute. He is also a member of the Steering Committee of the Bilderberg Group. In addition, Wolfensohn is an honorary trustee of the Brookings Institution and a member emeritus of the Board of Trustees of the Population Council. He is also a member of the Council on Foreign Relations and the Century Association in New York.
Princeton University's Center for Economic Policy Studies (CEPS) was founded in 1989 by Alan Blinder, the Gordon S. Rentschler Memorial Professor of Economics and the former Vice-Chairman of the Federal Reserve Board, to support economic policy research at Princeton and to encourage the discussion of policy issues among academic, government and business experts. Since returning to Princeton in February 1996, Blinder has resumed his position as co-director of CEPS with Harvey Rosen, the John L. Weinberg Professor of Economics and Business Policy.