Address to the United Nations Conference on Trade and Development, Santiago, Chile, April 14, 1972

Robert S. McNamara, President of the World Bank Group, believes that the state of development in most of the developing world today is unacceptable. It is unacceptable, but not because there has not been progress. There has been the total economic growth, measured in Gross National product (GNP) terms, for the developing countries during the first development decade was impressive. For some of these countries it was the most successful decade measured in these gross economic terms in their history. Finally, if the state of development today is unacceptable, we must not waste time looking for villains. Rather, the entire international development community must promptly move forward with practical measures which are conceptually sound, financially feasible, and which can command the requisite public support. He spoke about income distribution, official development assistance efforts, debt problems, trade expansion, and the World Bank’s Five-Year Program.

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Bibliographic Details
Main Author: McNamara, Robert S.
Format: Speech biblioteca
Language:English
Published: World Bank, Washington, DC 1972-04-14
Subjects:ADJUSTMENT, ADJUSTMENT POLICIES, AGRICULTURAL EXPORTS, AGRICULTURAL PROTECTIONISM, AGRICULTURAL SECTOR, ANNUAL RATE, AVERAGE ANNUAL, AVERAGE INCOME, AVERAGE RATE, COMMODITIES, COMPARATIVE ADVANTAGE, CONSTANT PRICES, DEBT, DEBT FINANCING, DEBT SERVICE, DEBT SERVICE RATIOS, DEBTS, DEVELOPED COUNTRIES, DEVELOPED WORLD, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPING WORLD, DEVELOPMENT ASSISTANCE, DOMESTIC ECONOMIES, EARLY REPAYMENT, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, EQUITABLE INCOME DISTRIBUTION, EXCHANGE RATES, EXPORT PROMOTION, EXPORTS, EXTERNAL FINANCE, FOOD PRICES, GNP, GNP PER CAPITA, GROWTH OBJECTIVE, GROWTH RATE, GROWTH RATES, GROWTH TARGET, INCOME, INCOME DISTRIBUTION, INCOME GROUP, INCOME GROWTH, INDIVIDUAL COUNTRIES, INTERNATIONAL TRADE, LOW INCOME, MEMBER COUNTRIES, NATIONAL INCOME, OFFICIAL DEVELOPMENT ASSISTANCE, PER CAPITA INCOME, PER CAPITA INCOMES, POLICY CHANGES, POLITICAL REGIMES, POOR COUNTRIES, POVERTY LINE, PROTECTIONISM, PUBLIC SUPPORT, RAPID GROWTH, RICH COUNTRIES, SIGNIFICANT DIFFERENCES, TARIFF BARRIERS, TRADE DEFICIT, TRADE LIBERALIZATION, TRADE POLICIES, WEALTH,
Online Access:http://documents.worldbank.org/curated/en/1972/04/9058177/address-united-nations-conference-trade-development-robert-s-mcnamara
http://hdl.handle.net/10986/33159
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