1 option
Multilateral and Bilateral Aid / George D Woods.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Woods, George D.
- Series:
- Speeches of World Bank Presidents.
- World Bank e-Library.
- Speeches of World Bank Presidents
- Language:
- English
- Subjects (All):
- Development Economics and Aid Effectiveness.
- Finance and Development.
- Finance and Financial Sector Development.
- Foreign Aid.
- Governance.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Official Development Assistance.
- Local Subjects:
- Development Economics and Aid Effectiveness.
- Finance and Development.
- Finance and Financial Sector Development.
- Foreign Aid.
- Governance.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Official Development Assistance.
- Place of Publication:
- Washington, D.C. : The World Bank, 1967.
- System Details:
- data file
- Summary:
- George D. Woods, President of the World Bank Group, spoke about the proposal to markedly increase the funds available to the World Bank's affiliate, the International Development Association (IDA) and the financial resources going to the new regional development banks working in Africa, Asia and Latin America. The United Nations Development Program is also trying to raise the level of the government contributions it receives. Governments must soon decide about these measures of support for multilateral institutions. If the momentum of economic growth in countries of Africa, Asia and Latin America is lost, if leaders in these regions lose heart, then the prospect is for deterioration in world affairs that in the end will inevitably be of the highest concern in the industrial countries themselves. This need not be the future. And it will not be the future if the industrialized countries give development finance a realistic priority among their other concerns and responsibilities. He spoke about the difference between tied aid and untied aid. He discussed the Development Assistance Committee consultative group and aid coordination. The Bank acts as an honest broker and expert adviser.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.