On December 12, 1991, the chief economist for the World Bank, Lawrence Summers, wrote an internal memo that was leaked to the environmental community, and we, in turn, publicized it. This memo remains relevant.
Mr. Summers, is now the President of Harvard University after serving as Secretary of the United States Treasury Department under President Bill Clinton.
What follows are Page 1 and Page 5 of a 7 page internal World Bank Memo:
Click on the images above to read the Memos