THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT.
Abstract
Following the immediate task of post-World War II reconstruction, the economic development of backward nations ranked at the top of the more urgent, long range world problems. One of the principal instruments of financing development throughout the world has been the International Bank for Reconstruction and Development, commonly known as the World Bank. Established by the Bretton Woods Conference of 1944, the mission of the World Bank was to assist in the reconstruction and development of member countries by stimulating international investment of capital for productive purposes. In its twenty years, the World Bank has significantly affected the international development effort. In the process, its activities have ranged far beyond that of simple financial intermediary. It is the purpose of this paper to examine the objectives and operations of the Bank with a view toward appraising its past effectiveness and future contributions to the financing of international economic development. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1964
- Accession Number
- AD0480521
Entities
People
- Richard M. Cook
Organizations
- Naval Postgraduate School