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Tuesday, May 15, 2012

221. Vicissitude


Bob Zoellick, World Bank President, on Fareed Zakaria’s program GPS, CNN, 3/14/12:

In response to Zakaria’s question as to his thoughts on overcoming poverty, Zoellick said,
“Growth is still the best antidote for poverty, but what we have learned over the years is that growth alone isn’t enough, so we try to talk about inclusive growth….
What inclusive growth means to me is that you also need an efficient social safety net so that when the vicissitudes of economies or world events strike, people at the bottom aren’t crushed or you don’t lose a generation through improper nutrition or education.”

Vicissitudes: a change of circumstances or fortune, typically one that is unwelcome or unpleasant

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