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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

The sixth annual report of the International Bank for Reconstruction and Development to the Board of Governors, covering the period July 1, 1950 to June 30, 1951, was transmitted by the President of the Bank (Black) to the Board on September 10, 1951. During the fiscal year reviewed in the report the Bank was faced with new and changing conditions in the world; while this was true of every other year since 1946, “at no time in the Bank's experience, however, have die economic conditions of the world changed so abruptly as in the year just ended.” These changes had two conflicting results: on die one hand, diey provided underdeveloped countries “opportunities for growth” and “created more favorable conditions for die Bank's lending operations”; on die odier hand, diey raised serious new problems.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 5 , Issue 4 , November 1951 , pp. 784 - 788
Copyright
Copyright © The IO Foundation 1951

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References

1 International Bank for Reconstruction and Development, Sixth Annual Report, 2950–2951. Information contained in this report relating to specific activities of the International Bank for Reconstruction and Development is not contained in this summary. The activities of the Bank during the period beginning July 1, 1950 and ending June 30, 1951 may be found in International Organization, TV, p. 481–483, p. 673–675; V, p. 199–202, p. 368–370, p. 593–596, and p. 786–788.

2 International Bank for Reconstruction and Development, Press Release 255, August 2, 1951.

3 Ibid., 252, July 3, 1951.

4 New York Times, September 12, 1951.

5 International Bank for Reconstruction and Development, Press Release 258, August 31, 1951.

6 New York Times, August 23, 1951.

7 For information on the joint Bank-Food and Agriculture Organization mission to Uruguay, see this issue, p. 783.

8 International Bank for Reconstruction and Development, Press Release 253, July 3, 1951.

9 Ibid., 256, August 10, 1951.

10 Ibid., 257, August 16, 1951.