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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Main Author: Black, Eugene R.
Format: Speech
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
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
id okr-10986-31731
recordtype oai_dc
spelling 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
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