Annual Address to the Board of Governors, September 12, 1955

Eugene R. Black, President of the International Bank for Reconstruction and Development, stated that the Bank, as it enters its tenth year, is going forward in the same spirit of exploration and innovation that has marked its life up to now. Against the always pressing problem of how to raise produc...

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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/928911524807662958/Annual-meeting-of-the-Board-of-Governors-address-by-Eugene-R-Black-President-of-the-Bank
http://hdl.handle.net/10986/31776
id okr-10986-31776
recordtype oai_dc
spelling okr-10986-317762021-04-23T14:04:54Z Annual Address to the Board of Governors, September 12, 1955 Black, Eugene R. ECONOMIC DEVELOPMENT INSTITUTE STANDARD OF LIVING SHORT-TERM DEBT CREDIT RISK CAPITAL INVESTMENT WORLD BANK PORTFOLIO Eugene R. Black, President of the International Bank for Reconstruction and Development, stated that the Bank, as it enters its tenth year, is going forward in the same spirit of exploration and innovation that has marked its life up to now. Against the always pressing problem of how to raise production and standards of living, we are moving in new, and we hope, constructive ways. The Bank established the Economic Development Institute, a staff college for senior officials in less developed countries. The Bank is now collecting information on credit transactions to better assess risk. The fact that our times are complex, and that the responsibilities of government have grown, should not obscure the truth that economic progress can continue with full momentum only if individuals and groups of individuals have the greatest possible opportunity to make their own successes, and for that matter, to make their own mistakes. The elevation of living standards has properly become a task of first importance to which governments throughout the world are applying their energies and for which they are mobilizing their resources. It will be a sad circumstance if they should neglect to exploit to the full that most productive attribute of the human race, the spirit of individual enterprise. 2019-06-03T20:16:42Z 2019-06-03T20:16:42Z 1955-09-12 Speech http://documents.worldbank.org/curated/en/928911524807662958/Annual-meeting-of-the-Board-of-Governors-address-by-Eugene-R-Black-President-of-the-Bank http://hdl.handle.net/10986/31776 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 DEVELOPMENT INSTITUTE
STANDARD OF LIVING
SHORT-TERM DEBT
CREDIT RISK
CAPITAL INVESTMENT
WORLD BANK PORTFOLIO
spellingShingle ECONOMIC DEVELOPMENT INSTITUTE
STANDARD OF LIVING
SHORT-TERM DEBT
CREDIT RISK
CAPITAL INVESTMENT
WORLD BANK PORTFOLIO
Black, Eugene R.
Annual Address to the Board of Governors, September 12, 1955
description Eugene R. Black, President of the International Bank for Reconstruction and Development, stated that the Bank, as it enters its tenth year, is going forward in the same spirit of exploration and innovation that has marked its life up to now. Against the always pressing problem of how to raise production and standards of living, we are moving in new, and we hope, constructive ways. The Bank established the Economic Development Institute, a staff college for senior officials in less developed countries. The Bank is now collecting information on credit transactions to better assess risk. The fact that our times are complex, and that the responsibilities of government have grown, should not obscure the truth that economic progress can continue with full momentum only if individuals and groups of individuals have the greatest possible opportunity to make their own successes, and for that matter, to make their own mistakes. The elevation of living standards has properly become a task of first importance to which governments throughout the world are applying their energies and for which they are mobilizing their resources. It will be a sad circumstance if they should neglect to exploit to the full that most productive attribute of the human race, the spirit of individual enterprise.
format Speech
author Black, Eugene R.
author_facet Black, Eugene R.
author_sort Black, Eugene R.
title Annual Address to the Board of Governors, September 12, 1955
title_short Annual Address to the Board of Governors, September 12, 1955
title_full Annual Address to the Board of Governors, September 12, 1955
title_fullStr Annual Address to the Board of Governors, September 12, 1955
title_full_unstemmed Annual Address to the Board of Governors, September 12, 1955
title_sort annual address to the board of governors, september 12, 1955
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/928911524807662958/Annual-meeting-of-the-Board-of-Governors-address-by-Eugene-R-Black-President-of-the-Bank
http://hdl.handle.net/10986/31776
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