World Bank


FRItz hillegas

Hey everyone! I'm Fritz, a Junior in the Woodrow Wilson School. I'm from Lawrenceville, NJ (about 10 mins from Princeton) and I've lived in NJ my whole life (besides a 4 year stint at boarding school in PA). In addition to the WWS, I'm in the Latin American Studies and Urban Studies certificate programs. Around campus I'm involved in various organizations--I'm the president of the Club Swim team, I'm a project leader for El Centro (a volunteer organization that teaches ESL classes to underprivileged communities in Trenton), and I'm on the Princeton Mock Trial team. My hobbies include spending too much money at Starbucks, maintaining my 15 snap streaks, and trying to become Frank Underwood. Please feel free to reach out to me with any questions or concerns you might have, and I'm really looking forward to meeting you all at the conference!

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Topic a: The World Bank Group Response to the Haiti Earthquake

The tragedy that struck the impoverished country of Haiti on January 12, 2010 created crippling destruction and left hundreds of thousands dead after the magnitude 7 quake originated near the capital of Port-au-Prince. The dodgy construction and weak infrastructure was particularly susceptible to the devastating energy released by the quake and the rubble filled streets has left the country vulnerable and at a standstill. The members of the World Bank must find a way to assess the damage, create a redevelopment plan and figure out how to supervise and enact the policies. Additionally, the bank must figure out how to sustainably finance the reconstruction in a way that boosts employment to hasten the recovery process, while mending the social and cultural damage as well. This project will require a great deal of coordination not only with the government of Haiti, but also with other public and private interests. The plan should include elements regarding human welfare, infrastructure, employment, and economic growth in order to help this already-struggling country recover from the unfortunate events that have unfolded there. 

Topic b: Powering and Transporting Argentina into the Millennial Age

Argentina is the perfect case study for the World Bank’s investment in Latin American infrastructure and development. The Argentinian government has been driving macroeconomic and structural changes to increase growth and cement its place in the Latin American market. There are several ways that the World Bank has decided to contribute to the growth of the economy with a specific focus on employment creation and sustainability. Renewable energy is the crux of the World Bank’s investment strategy, as it reinforces the current administration’s focus on this sector in addition to stimulating growth while minimizing dependency on fossil fuels. This goes hand in hand with the bank’s investment in transportation infrastructure networks to improve efficiency of flow, sustainability of finances, environmental impact, and maximum capacity as the country has seen a steady incline in economic growth (specifically in the lower income sectors of the population). The key issues that members of the World Bank will have to flesh out is the efficacy of the renewable energy and transportation investment projects, strategies for financing the endeavors, and coordination between the World Bank and the Argentinian government to meet the desired sector and national growth goals.