Annual Address to the Board of Governors, September 19, 1961

Eugene R. Black, President of the World Bank, bid farewell to Robert Garner, who presided over the birth of the International Finance Corporation and nursed it through its inevitable growing pains. He then focused on some old and some new problems, and, in particular, the newest member of the World...

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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/747151524662792174/Annual-address-by-Eugene-R-Black-President-of-the-Bank
http://hdl.handle.net/10986/31781
id okr-10986-31781
recordtype oai_dc
spelling okr-10986-317812021-04-23T14:04:54Z Annual Address to the Board of Governors, September 19, 1961 Black, Eugene R. TECHNICAL ASSISTANCE INTERNATIONAL DEVELOPMENT ASSOCIATION INTERNATIONAL FINANCE CORPORATION BOND ISSUE INDUS RIVER BASIN DEBT SERVICE BURDEN GRACE PERIOD LONG MATURITY DEBT EXPORT RATIO AID QUALITY OFFICIAL DEVELOPMENT ASSISTANCE HARD DEBT SOFT LOANS Eugene R. Black, President of the World Bank, bid farewell to Robert Garner, who presided over the birth of the International Finance Corporation and nursed it through its inevitable growing pains. He then focused on some old and some new problems, and, in particular, the newest member of the World Bank family, the International Development Association. IDA credits will have grace periods, long maturities, and low or no interest or commitment charges. Many IDA recipients have heavy foreign debt service burdens. He concluded by saying that the share of capital should increase that goes to the underdeveloped countries on terms properly geared to their requirements. 2019-06-04T20:36:35Z 2019-06-04T20:36:35Z 1961-09-19 Speech http://documents.worldbank.org/curated/en/747151524662792174/Annual-address-by-Eugene-R-Black-President-of-the-Bank http://hdl.handle.net/10986/31781 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 TECHNICAL ASSISTANCE
INTERNATIONAL DEVELOPMENT ASSOCIATION
INTERNATIONAL FINANCE CORPORATION
BOND ISSUE
INDUS RIVER BASIN
DEBT SERVICE BURDEN
GRACE PERIOD
LONG MATURITY
DEBT EXPORT RATIO
AID QUALITY
OFFICIAL DEVELOPMENT ASSISTANCE
HARD DEBT
SOFT LOANS
spellingShingle TECHNICAL ASSISTANCE
INTERNATIONAL DEVELOPMENT ASSOCIATION
INTERNATIONAL FINANCE CORPORATION
BOND ISSUE
INDUS RIVER BASIN
DEBT SERVICE BURDEN
GRACE PERIOD
LONG MATURITY
DEBT EXPORT RATIO
AID QUALITY
OFFICIAL DEVELOPMENT ASSISTANCE
HARD DEBT
SOFT LOANS
Black, Eugene R.
Annual Address to the Board of Governors, September 19, 1961
description Eugene R. Black, President of the World Bank, bid farewell to Robert Garner, who presided over the birth of the International Finance Corporation and nursed it through its inevitable growing pains. He then focused on some old and some new problems, and, in particular, the newest member of the World Bank family, the International Development Association. IDA credits will have grace periods, long maturities, and low or no interest or commitment charges. Many IDA recipients have heavy foreign debt service burdens. He concluded by saying that the share of capital should increase that goes to the underdeveloped countries on terms properly geared to their requirements.
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 19, 1961
title_short Annual Address to the Board of Governors, September 19, 1961
title_full Annual Address to the Board of Governors, September 19, 1961
title_fullStr Annual Address to the Board of Governors, September 19, 1961
title_full_unstemmed Annual Address to the Board of Governors, September 19, 1961
title_sort annual address to the board of governors, september 19, 1961
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/747151524662792174/Annual-address-by-Eugene-R-Black-President-of-the-Bank
http://hdl.handle.net/10986/31781
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