In 1996, together with the International Monetary Fund, he initiated the Heavily Indebted Poor Countries Initiative. It was the first comprehensive debt reduction program to address the needs of the world's poorest, most heavily indebted countries. Prior to joining the World Bank, Wolfensohn was an international investment banker. He is chair of the board of trustees of the Institute for Advanced Study. The Bulletin is published weekly during the academic year, except during University breaks and exam weeks, by the Office of Communications, Princeton University, Princeton, NJ 08544.
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