The Articles of Agreement and the Working Bank

Robert W. Oliver

Chapter X in International Economic Co-Operation and the World Bank, 1996, pp 251-278 from Palgrave Macmillan

Abstract: 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.

Keywords: Bank Loan; Foreign Debt; International Capital Market; Absolute Poverty; United States Government (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-14081-7_10

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DOI: 10.1007/978-1-349-14081-7_10

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