Address before the Bankers' Club of Chicago, January 10, 1951
Eugene R. Black, President of the International Bank for Reconstruction and Development, echoed the Gordon Gray report regarding the importance of giving the underdeveloped countries a greater opportunity to raise their standard of living. He emphasizes the gradual nature of the development process...
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World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/973871524578629543/Address-by-Eugene-R-Black-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-Bankers-Club-of-Chicago-January-10-1951 http://hdl.handle.net/10986/31731 |
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okr-10986-317312021-09-14T05:10:31Z Address before the Bankers' Club of Chicago, January 10, 1951 Black, Eugene R. ECONOMIC DEVELOMENT STANDARD OF LIVING WORLD MARKETS WORLD BANK LENDING GRANT AID Eugene R. Black, President of the International Bank for Reconstruction and Development, echoed the Gordon Gray report regarding the importance of giving the underdeveloped countries a greater opportunity to raise their standard of living. He emphasizes the gradual nature of the development process and describes the obstacles which have to be overcome to accelerate it. He gives examples of Bank lending in support of development. He makes a case for providing grants instead of loans in some situations. He concludes that the United States and other industrial countries, in their own self-interest, should make additional financial and technical assistance available to the less developed countries of the world. 2019-05-20T19:18:26Z 2019-05-20T19:18:26Z 1951-01-10 Speech http://documents.worldbank.org/curated/en/973871524578629543/Address-by-Eugene-R-Black-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-Bankers-Club-of-Chicago-January-10-1951 http://hdl.handle.net/10986/31731 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
ECONOMIC DEVELOMENT STANDARD OF LIVING WORLD MARKETS WORLD BANK LENDING GRANT AID |
spellingShingle |
ECONOMIC DEVELOMENT STANDARD OF LIVING WORLD MARKETS WORLD BANK LENDING GRANT AID Black, Eugene R. Address before the Bankers' Club of Chicago, January 10, 1951 |
description |
Eugene R. Black, President of the International Bank for Reconstruction and Development, echoed the Gordon Gray report regarding the importance of giving the underdeveloped countries a greater opportunity to raise their standard of living. He emphasizes the gradual nature of the development process and describes the obstacles which have to be overcome to accelerate it. He gives examples of Bank lending in support of development. He makes a case for providing grants instead of loans in some situations. He concludes that the United States and other industrial countries, in their own self-interest, should make additional financial and technical assistance available to the less developed countries of the world. |
format |
Speech |
author |
Black, Eugene R. |
author_facet |
Black, Eugene R. |
author_sort |
Black, Eugene R. |
title |
Address before the Bankers' Club of Chicago, January 10, 1951 |
title_short |
Address before the Bankers' Club of Chicago, January 10, 1951 |
title_full |
Address before the Bankers' Club of Chicago, January 10, 1951 |
title_fullStr |
Address before the Bankers' Club of Chicago, January 10, 1951 |
title_full_unstemmed |
Address before the Bankers' Club of Chicago, January 10, 1951 |
title_sort |
address before the bankers' club of chicago, january 10, 1951 |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/973871524578629543/Address-by-Eugene-R-Black-President-of-the-International-Bank-for-Reconstruction-and-Development-before-the-Bankers-Club-of-Chicago-January-10-1951 http://hdl.handle.net/10986/31731 |
_version_ |
1764470290982633472 |