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Eugene R. Black, President of the International Bank for Reconstruction and Development, reviewed the ten years of Bank's operations. He expressed his appreciation for the great assistance which had been rendered by Switzerland to the World Bank in all its operations, including bond sales. He described the role of the International Finance Corporation in encouraging private investment. Operations will begin once 30 member countries subscribe to at least USD 75 million.
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Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about underdeveloped areas of the world and the role of World Bank on those areas. He focused on the role of trade in developed and developing countries and its implications for their economic development. He explained the role of the Bank in encouraging participation of private capital in international investment.
Access to Markets --- Capital Markets --- Capital Markets and Capital Flows --- Economic Development --- Electric Power --- Energy --- Finance and Development --- Finance and Financial Sector Development --- Governance --- Hydro Power --- International Governmental Organizations --- International Trade and Trade Rules --- Private Investment
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Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about America economic aid to other countries. He described in detail the Bank's business of economic development. The Bank can help developing countries to make a choice in their own interests. He described a hydroelectric power project in Egypt.
Capital Flows --- Capital Markets and Capital Flows --- Development Economics and Aid Effectiveness --- Economic Development --- Energy --- Finance and Development --- Finance and Financial Sector Development --- Governance --- Hydro Power --- Hydropower --- International Financial Markets --- International Governmental Organizations --- Macroeconomics and Economic Growth --- Private Investment
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Eugene R. Black, President of the World Bank Group, spoke about the vigorous partnership between Canada and the World Bank. He described at length the relationship between Canada and the Bank in terms of lending and the country's progress in various areas of economic development.
Capital Markets --- Capital Markets and Capital Flows --- Development Economics and Aid Effectiveness --- Finance and Development --- Finance and Financial Sector Development --- Governance --- Hydropower --- International Finance Corporation --- International Governmental Organizations --- Living Standards --- Macroeconomics and Economic Growth --- Poverty Reduction --- Project Finance --- Trade
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