James D. Wolfensohn, President of the World Bank Group, discussed the Bank's focus on the social sector. Since the realignment of the focus of the Bank after the initial objectives of the Bretton Woods agreements for the reconstruction after World War II were met, the more recent and continuing focus has been on development and on the issues of poverty and the issues of sustainable development. On the Bank's agenda are: first, good governance
second, the legal and justice system
third, an effective supervisory mechanism for banks and capital markets
and finally, a social safety net to deal with the impact of financial crises upon the poor.