10. Speeches of World Bank Presidents [collection under construction]

Items in this collection

Now showing 1 - 5 of 5

Annual Address to the Board of Governors, September 29, 1959

(World Bank, Washington, DC, 1959-09-29) Black, Eugene R.

Eugene R. Black, President of the World Bank, spoke about the growth of lending for reconstruction and development of its member countries. He discussed the 49 successful issues of securities, with the latest bond issue involving investors from eight countries that had not bought before. He spoke about how the Bank had established contacts with industrial development banks, public and private, in a large number of member countries, and through these hundreds of small enterprises were contributing new jobs and new production for a better material life in the underdeveloped world. Black suggested that there is a role for a new entity of private international investors from all countries to champion policies which attract private investment. He also spoke of the proposed establishment of the International Development Association. He warned against import substitution trade policies. He concluded by saying if Bank energy and resources were used rightly, it would reduce the burden of poverty in the world.
Annual Address to the Board of Governors, September 23, 1957

(World Bank, Washington, DC, 1957-09-23) Black, Eugene R.

Eugene R. Black, President of the International Bank for Reconstruction and Development, spoke about the happenings in the Middle East which threatened to bring major economic dislocation and, at times, the world outlook had been bleak. He mentioned about the large amount lent by the Bank and important additions to its capital resources during the fiscal year 1957. He explained two loans for air transport that helped Australia and India to acquire the latest types of aircraft for their air lines. He concluded by saying that the Bank should make, over the years ahead, a continued and significant contribution to the capital requirements of basic development on which higher living standards depend.
Annual Address to the Board of Governors, September 25, 1956

(World Bank, Washington, DC, 1956-09-25) Black, Eugene R.

Eugene R. Black, President of the International Bank for Reconstruction and Development, mentioned lending done in Asia, which was more than in any other continent. He spoke about the non-lending activities of the Bank which also continued to expand during the year. He discussed the role of International Finance Corporation (IFC) which came into being in July. He concluded by saying that less developed countries hold large part of the key to the future of the world.
Address to the Canadian Club of Montreal

(World Bank, Washington, DC, 1956-01-16) Black, Eugene R.

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.
Address Presenting the Ninth Annual Report

(World Bank, Washington, DC, 1954-09-25) Black, Eugene R.

Eugene R. Black, President of the International Bank for Reconstruction and Development, greeted two new member countries, Indonesia and Israel. He reviewed Bank lending operations, which continues to grow. He commented on the dangers of supplier credits in situations where long-term finance is more appropriate. He mentioned the technical and financial assistance extended by the Bank to development institutions in many countries, including the construction of electric power capacity.