The Development Decade in the Balance

The Development Decade in the Balance

George D. Woods, President of the World Bank Group, wrote about the crude arithmetic associated with the aim of the Development Decade, which was for the underdeveloped countries as a group to reach a yearly rate of economic growth of five percent. Trends show there will be inadequate improvement in...

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Bibliographic Details
Main Author: Woods, George D.
Format: Journal Article
Language:English
Published: Council on Foreign Relations, Inc. 2019
Subjects:
INVESTMENT
DEVELOPMENT FINANCE
INTERNATIONAL FINANCE CORPORATION
INTERNATIONAL DEVELOPMENT ASSOCIATION
CAPITAL FLOWS
DEVELOPMENT ASSISTANCE
Online Access:http://documents.worldbank.org/curated/en/153661542203435445/Speech-on-the-Development-Decade-in-the-Balance-by-George-D-Woods-President-of-the-World-Bank
http://hdl.handle.net/10986/32442
id okr-10986-32442
recordtype oai_dc
spelling okr-10986-324422021-04-23T14:05:00Z The Development Decade in the Balance Woods, George D. INVESTMENT DEVELOPMENT FINANCE INTERNATIONAL FINANCE CORPORATION INTERNATIONAL DEVELOPMENT ASSOCIATION CAPITAL FLOWS DEVELOPMENT ASSISTANCE George D. Woods, President of the World Bank Group, wrote about the crude arithmetic associated with the aim of the Development Decade, which was for the underdeveloped countries as a group to reach a yearly rate of economic growth of five percent. Trends show there will be inadequate improvement in living standards. He highlighted the birth of IFC and IDA, to make development finance available on special terms to countries too poor to borrow at conventional rates of interest and repayment. He mentions the commodity problem and the necessity for a continuing and adequate flows of capital to the developing countries. He wrote of the two initiatives in which the World Bank was joining which could help the developing countries. He suggested more aid to be made available to the developing countries, and on better terms, for a marked change of outlook on the part of the donor countries. He concluded that, from every point of view, it was time for the capital exporting countries to come to a major and irrevocable decision about development assistance to developing countries. 2019-09-24T20:47:07Z 2019-09-24T20:47:07Z 1966-01 Journal Article http://documents.worldbank.org/curated/en/153661542203435445/Speech-on-the-Development-Decade-in-the-Balance-by-George-D-Woods-President-of-the-World-Bank Foreign Affairs http://hdl.handle.net/10986/32442 English CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Council on Foreign Relations, Inc. Publications & Research Publications & Research :: Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INVESTMENT
DEVELOPMENT FINANCE
INTERNATIONAL FINANCE CORPORATION
INTERNATIONAL DEVELOPMENT ASSOCIATION
CAPITAL FLOWS
DEVELOPMENT ASSISTANCE
spellingShingle INVESTMENT
DEVELOPMENT FINANCE
INTERNATIONAL FINANCE CORPORATION
INTERNATIONAL DEVELOPMENT ASSOCIATION
CAPITAL FLOWS
DEVELOPMENT ASSISTANCE
Woods, George D.
The Development Decade in the Balance
description George D. Woods, President of the World Bank Group, wrote about the crude arithmetic associated with the aim of the Development Decade, which was for the underdeveloped countries as a group to reach a yearly rate of economic growth of five percent. Trends show there will be inadequate improvement in living standards. He highlighted the birth of IFC and IDA, to make development finance available on special terms to countries too poor to borrow at conventional rates of interest and repayment. He mentions the commodity problem and the necessity for a continuing and adequate flows of capital to the developing countries. He wrote of the two initiatives in which the World Bank was joining which could help the developing countries. He suggested more aid to be made available to the developing countries, and on better terms, for a marked change of outlook on the part of the donor countries. He concluded that, from every point of view, it was time for the capital exporting countries to come to a major and irrevocable decision about development assistance to developing countries.
format Journal Article
author Woods, George D.
author_facet Woods, George D.
author_sort Woods, George D.
title The Development Decade in the Balance
title_short The Development Decade in the Balance
title_full The Development Decade in the Balance
title_fullStr The Development Decade in the Balance
title_full_unstemmed The Development Decade in the Balance
title_sort development decade in the balance
publisher Council on Foreign Relations, Inc.
publishDate 2019
url http://documents.worldbank.org/curated/en/153661542203435445/Speech-on-the-Development-Decade-in-the-Balance-by-George-D-Woods-President-of-the-World-Bank
http://hdl.handle.net/10986/32442
_version_ 1764473477081858048

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