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International Bank for Reconstruction and Development

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  • Anonymous

Abstract

In August the International Bank reported a net income for the fiscal year ending June 30,1950 of $13,698,398. For the preceding fiscal year net income had amounted to $10,610,247. Gross income, exclusive of $5,663,064 set aside in the Bank's special reserve, amounted to $25,464,065 for the year ending June 30, 1950, as compared with $21,578,413 for the preceding fiscal year. Expenses amounted to $11,765,667, including $4,370,011 for administration purposes and $7,395,656 for bond interest and other expenses. The Bank also reported that during the period from the beginning of its operations up to June 30, 1950, income had exceeded expenses by $27,339,492 and that commissions received by it on its loans and which were set aside in a special reserve, amounted to $13,737,205 on June 30,1950. During the fiscal year total loan commitments by the Bank increased from $650,100,000 to $816,445,000, loan repayments in the amount of $552,136 were received, and cancellations amounting to $7,638,017 were effected at the request of borrowers. Also disbursements on loans amounted to $87,871,146 bringing total loan disbursements on June 30, 1950 to $614,162,160 and leaving $125,799,823 to be disbursed. As of June 30,1950 the total subscribed capital was $8,348,500,000 including $125,000,000 worth of Poland's shares, which were to be repurchased by the Bank.

Suggested Citation

  • Anonymous, 1950. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 4(4), pages 673-675, November.
  • Handle: RePEc:cup:intorg:v:4:y:1950:i:4:p:673-675_11
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    Cited by:

    1. Juliana Jaramillo-Echeverri & Adolfo Meisel-Roca & María Teresa Ramírez-Giraldo, 2019. "More than 100 years of improvements in living standards: the case of Colombia," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 13(3), pages 323-366, September.
    2. Raffaella Castagnini & Klaus Deininger & Maria A. Gonzalez, 2004. "Comparing land reform and land markets in colombia: impacts on equity and efficiency," Policy Research Working Paper Series 3258, The World Bank.
    3. Ballinger, Roy A., 1971. "A History of Sugar Marketing," Agricultural Economic Reports 307418, United States Department of Agriculture, Economic Research Service.
    4. Molle, Francois, 2007. "Thailand’s ‘free water’: rationale for a water charge and policy shifts," Book Chapters,, International Water Management Institute.
    5. Michele Alacevich, 2010. "Development Agency or Bank? Vision and Strategy of the World Bank in the 50’s and 60’s," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
    6. Archibald R. M. Ritter, 2014. "Does Cuba Have a Future in Manufacturing?," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 24.
    7. Roger Sandilands, 2015. "La misión del Banco Mundial a Colombia de 1949, y las visiones opuestas de Lauchlin Currie y Albert Hirschman," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(32), pages 213-232, January-J.
    8. Ballinger, Roy A., 1978. "A History of Sugar Marketing Through 1974," Agricultural Economic Reports 307665, United States Department of Agriculture, Economic Research Service.
    9. Alacevich, Michele, 2008. "The World Bank's early reflections on development : a development institution or a bank?," Policy Research Working Paper Series 4670, The World Bank.
    10. Molle, Francois, 2007. "Thailand\u2019s \u2018free water\u2019: rationale for a water charge and policy shifts," IWMI Books, Reports H040604, International Water Management Institute.
    11. María Dolores Espino, 2000. "Cuban Tourism During the Special Period," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 10.
    12. Albert Berry, 2002. "¿Colombia encontró por fin una reforma agraria que funcione?," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(6), pages 24-70, January-J.
    13. Tatiana Maritza Mora & Juan Carlos Munoz, 2008. "Concentración de la propiedad de la tierra y producto agrícola en Antioquia. 1995-2004," Revista Ecos de Economía, Universidad EAFIT, March.
    14. World Bank, 2004. "Colombia : Land Policy in Transition," World Bank Publications - Reports 14351, The World Bank Group.
    15. Ross, E.B., 2003. "Modernisation, clearance and the continuum of violence in Colombia," ISS Working Papers - General Series 19142, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.

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