Annual Address to the Board of Governors, September 29, 1959

Eugene R. Black, President of the World Bank, spoke about the growth of lending for reconstruction and development of its member countries. He discussed the 49 successful issues of securities, with the latest bond issue involving investors from eight countries that had not bought before. He spoke ab...

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Main Author:	Black, Eugene R.
Format:	Speech
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	BOND ISSUES DEVELOPMENT LENDING TRADE POLICY INSTITUTIONS PRIVATE INVESTMENT INVESTMENT CLIMATE MACROECONOMIC MANAGEMENT INTERNATIONAL DEVELOPMENT ASSOCIATION
Online Access:	http://documents.worldbank.org/curated/en/552781524839218336/Annual-address-by-Eugene-R-Black-President-of-the-Bank http://hdl.handle.net/10986/31780

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spelling	okr-10986-317802021-04-23T14:04:54Z Annual Address to the Board of Governors, September 29, 1959 Black, Eugene R. BOND ISSUES DEVELOPMENT LENDING TRADE POLICY INSTITUTIONS PRIVATE INVESTMENT INVESTMENT CLIMATE MACROECONOMIC MANAGEMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Eugene R. Black, President of the World Bank, spoke about the growth of lending for reconstruction and development of its member countries. He discussed the 49 successful issues of securities, with the latest bond issue involving investors from eight countries that had not bought before. He spoke about how the Bank had established contacts with industrial development banks, public and private, in a large number of member countries, and through these hundreds of small enterprises were contributing new jobs and new production for a better material life in the underdeveloped world. Black suggested that there is a role for a new entity of private international investors from all countries to champion policies which attract private investment. He also spoke of the proposed establishment of the International Development Association. He warned against import substitution trade policies. He concluded by saying if Bank energy and resources were used rightly, it would reduce the burden of poverty in the world. 2019-06-04T19:26:40Z 2019-06-04T19:26:40Z 1959-09-29 Speech http://documents.worldbank.org/curated/en/552781524839218336/Annual-address-by-Eugene-R-Black-President-of-the-Bank http://hdl.handle.net/10986/31780 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	BOND ISSUES DEVELOPMENT LENDING TRADE POLICY INSTITUTIONS PRIVATE INVESTMENT INVESTMENT CLIMATE MACROECONOMIC MANAGEMENT INTERNATIONAL DEVELOPMENT ASSOCIATION
spellingShingle	BOND ISSUES DEVELOPMENT LENDING TRADE POLICY INSTITUTIONS PRIVATE INVESTMENT INVESTMENT CLIMATE MACROECONOMIC MANAGEMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Black, Eugene R. Annual Address to the Board of Governors, September 29, 1959
description	Eugene R. Black, President of the World Bank, spoke about the growth of lending for reconstruction and development of its member countries. He discussed the 49 successful issues of securities, with the latest bond issue involving investors from eight countries that had not bought before. He spoke about how the Bank had established contacts with industrial development banks, public and private, in a large number of member countries, and through these hundreds of small enterprises were contributing new jobs and new production for a better material life in the underdeveloped world. Black suggested that there is a role for a new entity of private international investors from all countries to champion policies which attract private investment. He also spoke of the proposed establishment of the International Development Association. He warned against import substitution trade policies. He concluded by saying if Bank energy and resources were used rightly, it would reduce the burden of poverty in the world.
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 29, 1959
title_short	Annual Address to the Board of Governors, September 29, 1959
title_full	Annual Address to the Board of Governors, September 29, 1959
title_fullStr	Annual Address to the Board of Governors, September 29, 1959
title_full_unstemmed	Annual Address to the Board of Governors, September 29, 1959
title_sort	annual address to the board of governors, september 29, 1959
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/552781524839218336/Annual-address-by-Eugene-R-Black-President-of-the-Bank http://hdl.handle.net/10986/31780
_version_	1764470317218004992

Annual Address to the Board of Governors, September 29, 1959

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