Professor Avishay Braverman, president of Ben-Gurion University, states that in this new age he characterizes as the "bin Laden era", the world needs a transformation where sustainable development strategies need to be defined and structured by capable leaders. He notes his belief that it is not an issue of money but one of leadership and structure. The challenge, Braverman suggests, is whether the developed nations can create an economic, social and political framework which allows greater input from stakeholders in the developing world, as well as distributes poverty alleviate funds in an efficient and equitable manner. In his view, the World Bank is an institution, perhaps the only one in the international community, that is positioned to provide such a framework. As a former senior economist and division chief at the World Bank, Braverman notes his training as an economist taught him the importance of incentives and markets, but his experiences revealed that intangibles such as leadership are a critical ingredient. If all the Jews in the Israel disappeared, he says, the problems of bin Laden would remain because much of the world lives in poverty.
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