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Address Presenting the Third Annual Report

John J. McCloy, President of the International Bank for Reconstruction and Development, discussed the European Recovery Program and the role of Bank in it. He reported on provisions for using loan proceeds. He was proud of a guarantee operation to sell the notes of Dutch shipping companies to U.S. b...

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Bibliographic Details
Main Author: McCloy, John J.
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
LENDING TERMS
EUROPEAN RECOVERY PROGRAM
DEVELOPMENT
CAPITAL MARKETS
LIVING STANDARDS
INTERNATIONAL INVESTMENT
BOND MARKET
LOAN GUARANTEES
CAPITAL SUBSCRIPTION
CURRENCY RESERVES
INTERNATIONAL COOPERATION
EARNINGS
LENDING PROCEEDS
Online Access:http://documents.worldbank.org/curated/en/775321524837806539/Address-by-Mr-John-J-Mccloy-President-of-the-Bank-in-presenting-the-third-annual-report-of-the-Bank-to-the-Board-of-Governors-at-the-second-session-September-29-1948
http://hdl.handle.net/10986/31699
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http://documents.worldbank.org/curated/en/775321524837806539/Address-by-Mr-John-J-Mccloy-President-of-the-Bank-in-presenting-the-third-annual-report-of-the-Bank-to-the-Board-of-Governors-at-the-second-session-September-29-1948
http://hdl.handle.net/10986/31699

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