Annual Address to the Board of Governors, September 25, 1956

Eugene R. Black, President of the International Bank for Reconstruction and Development, mentioned lending done in Asia, which was more than in any other continent. He spoke about the non-lending activities of the Bank which also continued to expand during the year. He discussed the role of Internat...

Full description

Bibliographic Details
Main Author: Black, Eugene R.
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/224011524751583739/Annual-address-by-Eugene-R-Black-President-of-the-Bank
http://hdl.handle.net/10986/31777
Description
Summary:Eugene R. Black, President of the International Bank for Reconstruction and Development, mentioned lending done in Asia, which was more than in any other continent. He spoke about the non-lending activities of the Bank which also continued to expand during the year. He discussed the role of International Finance Corporation (IFC) which came into being in July. He concluded by saying that less developed countries hold large part of the key to the future of the world.