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Address Presenting the Fifth Annual Report / Eugene R Black.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Black, Eugene R.
- Series:
- Speeches of World Bank Presidents.
- World Bank e-Library.
- Speeches of World Bank Presidents
- Language:
- English
- Subjects (All):
- Conflict and Development.
- Development Economics and Aid Effectiveness.
- Economic Development.
- Fiscal Policy.
- Income Distribution.
- International Affairs.
- Macroeconomics and Economic Growth.
- Local Subjects:
- Conflict and Development.
- Development Economics and Aid Effectiveness.
- Economic Development.
- Fiscal Policy.
- Income Distribution.
- International Affairs.
- Macroeconomics and Economic Growth.
- Place of Publication:
- Washington, D.C. : The World Bank, 2019.
- System Details:
- data file
- Summary:
- Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about the war in Korea and the repercussions around the world. He discussed how much progress was being made in Europe in hammering out new patterns of production and trade to replace and improve prewar patterns that cannot be restored. He also said that with the cooperation of the members, Bank can aid, in creating confidence and the kind of economic environment which will encourage productive investment, both local and foreign, private and public. He examined some of the steps underdeveloped nations must take in order to effectively translate aid into concrete development.
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