Address Presenting the Ninth Annual Report
Eugene R. Black, President of the International Bank for Reconstruction and Development, greeted two new member countries, Indonesia and Israel. He reviewed Bank lending operations, which continues to grow. He commented on the dangers of supplier credits in situations where long-term finance is more appropriate. He mentioned the technical and financial assistance extended by the Bank to development institutions in many countries, including the construction of electric power capacity.
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| Main Author: | |
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| Format: | Speech biblioteca |
| Language: | English |
| Published: |
World Bank, Washington, DC
1954-09-25
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| Subjects: | INTERNATIONAL INVESTMENT, WORLD BANK LENDING, BOND ISSUES, FOREIGN PRIVATE CAPITAL, BALANCE OF PAYMENTS, LONG-TERM CAPITAL, TRADE CREDITS, TRADE LIBERALIZATION, SUPPLIER CREDIT, ELECTRIC POWER, |
| Online Access: | http://documents.worldbank.org/curated/en/115911524749878501/Address-by-Eugene-R-Black-President-of-the-Bank-in-presenting-the-ninth-annual-report-of-the-Bank-to-the-Board-of-Governors-September-25-1954 https://hdl.handle.net/10986/31741 |
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| Summary: | Eugene R. Black, President of the International Bank for Reconstruction and Development, greeted two new member countries, Indonesia and Israel. He reviewed Bank lending operations, which continues to grow. He commented on the dangers of supplier credits in situations where long-term finance is more appropriate. He mentioned the technical and financial assistance extended by the Bank to development institutions in many countries, including the construction of electric power capacity. |
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