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The Articles of Agreement and the Working Bank

In: International Economic Co-Operation and the World Bank

Author

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  • Robert W. Oliver

Abstract

In 1971, the twenty-fifth anniversary of the operating Bank passed without much fanfare, but the Bank was very much in business. It had a significant record of achievement and an institutionalized capability to lead the world into what the United Nations had proclaimed as the ‘Second Decade of Development.’ Together with the International Development Association (IDA), it had made over $20 billion available to borrowers; it was actively assisting eighty developing countries in annual reviews of development programs and was working closely with other multilateral development agencies and the governments of wealthier nations to co-ordinate the flow of financial resources to the less developed world.

Suggested Citation

  • Robert W. Oliver, 1996. "The Articles of Agreement and the Working Bank," Palgrave Macmillan Books, in: International Economic Co-Operation and the World Bank, chapter 0, pages 251-278, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14081-7_10
    DOI: 10.1007/978-1-349-14081-7_10
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