J. Speeches by George Woods (1963-68)

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George Woods served as the fourth President of the World Bank Group from 1963 to 1968.

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    Development--The Need for New Directions
    (World Bank, Washington, DC, 1967-10-27) Woods, George D.
    George D. Woods, President of the World Bank Group, spoke of his appreciation of the splendid support and encouragement the Bank receives from the Swedish community. Sweden’s exemplary support for the International Development Association (IDA) has an importance and a significance beyond the actual capital sums that it has made available. IDA aid helps developing peoples achieve a steady advance toward their goals of modern productivity, appropriate modern education, and self-reliant growth.
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    Annual Address to the Board of Governors, September 25, 1967
    (World Bank, Washington, DC, 1967-09-25) Woods, George D.
    George D. Woods, President of the World Bank Group, spoke about the following: the record of the World Bank Group's activities of the past fiscal year; finance for the International Development Association (IDA); education, teaching new skills, and cultivating new attitudes toward social and economic change; exports of the less developed countries; and the effectiveness of development finance.
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    Address to the Economic and Social Council of the United Nations, December 20, 1966
    (World Bank, Washington, DC, 1966-12-20) Woods, George D.
    George D. Woods, President of the World Bank Group, spoke about the Bank and IDA helping to put down the foundations of economic growth in the form of transportation and electric power projects, and going deeper into the development of human resources. He discussed the progress made by World Bank Group in the field of agriculture and education. He mentioned the drafting of a scheme for multilateral investment insurance. He highlighted aid coordination to accelerate development in developing countries. He concluded that the industrialized countries should make a joint and thorough examination of what they are trying to achieve in their relationships with the developing world.
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    Annual Address to the Board of Governors, September 26, 1966
    (World Bank, Washington, DC, 1966-09-26) Woods, George D.
    George D. Woods, President of the World Bank Group, points out the activities well established by the Bank in its 20th year. He discusses: 1) International Development Association financing of education and agriculture, which includes among other things fertilizer components and plants, highways, irrigation, and credit for small agriculturists; 2) two projects aimed at increasing the willingness of the private entrepreneur and investor to venture abroad; 3) problems that confront economic developments; and 4) some specific achievements.
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    Annual Address to the Board of Governors, September 27, 1965
    (World Bank, Washington, DC, 1965-09-27) Woods, George D.
    George D. Woods, President of the World Bank and its affiliates, spoke about raising living standards; the World Bank Group funds to financing development; efforts to encourage private international investment, and two special projects, namely, amendment of the Bank and International Finance Corporation (IFC) charters and convention on the settlement of investment disputes; and two initiatives of the Bank, namely, a study, organized jointly by the International Coffee Organization, Food and Agriculture Organization (FAO), and the Bank, and proposal put forward by the United Kingdom and Swedish delegations at the 1964 United Nations conference on trade and development.
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    Annual Address to the Board of Governors, September 7, 1964
    (World Bank, Washington, DC, 1964-09-07) Woods, George D.
    George D. Woods, President of the World Bank and its affiliates, spoke about Japan as a vibrant example of both reconstruction and development. He briefly reported on developments in the World Bank Group of institutions during the past year, including partnership agreements with the U.N. Food and Agriculture Organization and UNESCO. He indicated some of the principal preoccupations in the period ahead, such as a scarcity of good projects to support, large debt service burdens, and the next IDA replenishment. Finally, he concluded by saying a few words about developments in the world environment in which the Bank group operates and about the possible effect of those developments upon the role of the organizations.
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    Annual Address to the Board of Directors, September 30, 1963
    (World Bank, Washington, DC, 1963-09-30) Woods, George D.
    George D. Woods, President of the World Bank Group, discussed the following: the willingness of the capital-exporting countries to continue and increase their annual contributions in support of the International Development Association (IDA); the operations of the International Finance Corporation (IFC); and the growing activity of the Bank Group, under the leadership of IFC, in the establishment and support of local private industrial finance companies. He addressed three problems that put a brake on economic progress: the commodity problem, the debt problem, and the policy problem. He sought expansion of Bank support to agriculture, industry, and education.