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International Bank for Reconstruction and Development

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  • Anonymous

Abstract

The sixth annual meeting of the Board of Governors of the International Bank for Reconstruction and Development took place in Washington, D. C, September 10 to 14, 1951, concurrently with the meeting of the Board of the International Monetary Fund. In presenting the Bank's Sixth Annual Report to the Board, the President (Black) reviewed briefly the Bank's activities for the year ended June 30, 1951. He pointed out that in all phases of its operations, the year was the largest in the Bank's history and demonstrated its considerable and growing strength. He expressed the opinion that the Bank, unless there was further deterioration in the international situation, could meet all the capital needs of economic development in its member states, to the extent that these needs should be met on a long-term loan basis. In view of this, he questioned the validity of continuing suggestions to vastly increase funds for this purpose. By that he did not exclude the provision of other instruments for providing capital for economic growth and stated that the Bank was studying a proposal for the establishment of an international finance corporation to complement' the Bank by providing equity investments and loans for private enterprise without governmental guarantee. The Bank's report on this proposal was to be presented to the United Nations Economic and Social Council in the spring of 1952.

Suggested Citation

  • Anonymous, 1952. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 6(1), pages 111-115, February.
    • Handle: RePEc:cup:intorg:v:6:y:1952:i:1:p:111-115_9
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    Cited by:

    1. Gupta, Eashan & Auran, Matthew & Frankenfield, Dylan, 2019. "Jamaica'S Currency Board, 1920-1961, And A Comparison With Its Central Bank," Studies in Applied Economics 136, The Johns Hopkins Institute for Applied Economics, Global Health, and the Study of Business Enterprise.
    2. Chris Meulbroek & Majed Akhter, 2019. "The prose of passive revolution: Mobile experts, economic planning and the developmental state in Singapore," Environment and Planning A, , vol. 51(6), pages 1242-1263, September.
    3. 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.
    4. Tarik M. Yousef, 2004. "Development, Growth and Policy Reform in the Middle East and North Africa since 1950," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 91-115, Summer.
    5. Pásztor, Szabolcs, 2019. "Gondolatok a fejlesztési segélyek negatív hatásairól P. T. Bauer szellemi örökségének tükrében [Some thoughts on the negative effects of development aid in terms of P. T. Bauers Intellectual Legacy," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1093-1120.
    6. Scott G. Chaplowe, 1998. "Havana's popular gardens:sustainable prospects for urban agriculture," Environment Systems and Decisions, Springer, vol. 18(1), pages 47-57, March.
    7. Treakle, H. Charles, 1965. "The Agricultural Economy of Iraq," Miscellaneous Publications 316412, United States Department of Agriculture, Economic Research Service.
    8. Malcolm Edey & Brian Gray, 1996. "The Evolving Structure of the Australian Financial System," RBA Research Discussion Papers rdp9605, Reserve Bank of Australia.

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