Address before the Investment Dealers' Association of Canada, Eastern District
Eugene R. Black, President of the International Bank for Reconstruction and Development (also known as the “World Bank”), spoke about the twin Bank goals of the reconstruction and development. He discussed about the European countries that had long played a pivotal role in the functioning of the wor...
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| Format: | Speech |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/189521524579547612/Address-by-Eugene-R-Black-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-Investment-Dealers-Association-of-Canada-Eastern-district-Montreal-Canada-February-23-1950 http://hdl.handle.net/10986/31729 |
| Summary: | Eugene R. Black, President of the International Bank for Reconstruction and Development (also known as the “World Bank”), spoke about the twin Bank goals of the reconstruction and development. He discussed about the European countries that had long played a pivotal role in the functioning of the world economy. Unless their foreign trade could be revived and expanded the economic position of almost every other country would remain insecure. He described about Brazil and El Salvador and the relationship of the Bank with them that had centered on specific projects for which loans were desired. He concluded by saying that technical advice and financial assistance extended by Bank to its member countries would contribute for the economic stability of the world as a whole. |
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