Publication:
Address to the Board of Governors, September 25, 1972

dc.contributor.author McNamara, Robert S.
dc.date.accessioned 2020-02-13T20:36:00Z
dc.date.available 2020-02-13T20:36:00Z
dc.date.issued 1972-09-25
dc.description.abstract Robert S. McNamara, President of the World Bank, reported on the Bank’s operations in fiscal year 1972 and reviewed the progress of the Five-Year Program for 1969–73. He assessed the current state of development in member countries and outlined the program for the five years 1974–78. He explored the central issue of the relationship of social equity to economic growth. Given the shortfall in official development assistance, the debt problem, and the procrastination of the developed countries in dismantling discriminatory trade barriers, the Second Development Decade’s 6 percent growth target is not going to be met by many nations. The most persistent poverty is that of the low-income strata, roughly the poorest 40 percent of the total population in all development countries—who are trapped in conditions of deprivation. He argues that an urgent task is to reorient development policies to directly attack the poverty of the most deprived 40 percent of the population. Governments must achieve this without abandoning their goals of overall economic growth. Greater priority is needed to establish growth targets in terms of essential humans needs: nutrition, housing, health, literacy and employment, even at the cost of some reduction in the pace of advance in certain narrow and highly privileged sectors whose benefits accrue to the few. en
dc.identifier http://documents.worldbank.org/curated/en/426131468341113875/Address-to-the-Board-of-Governors-by-Robert-S-McNamara
dc.identifier.uri http://hdl.handle.net/10986/33328
dc.language English
dc.publisher World Bank, Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject ABSOLUTE POVERTY
dc.subject ACCESS TO CREDIT
dc.subject ACCOUNTING
dc.subject ADVICE TO GOVERNMENTS
dc.subject AGRICULTURAL GROWTH
dc.subject AGRICULTURAL PRODUCTIVITY
dc.subject AGRICULTURAL RESEARCH
dc.subject AGRICULTURAL TECHNOLOGY
dc.subject AGRICULTURAL YIELDS
dc.subject AID AGENCIES
dc.subject ALLOCATION OF RESOURCES
dc.subject APPLICATION PROCEDURES
dc.subject APPROPRIATE INCENTIVES
dc.subject ARID TROPICS
dc.subject BANK FINANCING
dc.subject BORROWING
dc.subject CAPITAL MARKETS
dc.subject CAPITAL REQUIREMENTS
dc.subject CITIZEN
dc.subject CITIZENS
dc.subject COMMUNITY OF NATIONS
dc.subject CONFLICT
dc.subject CONSOLIDATION
dc.subject CONSUMER GOODS
dc.subject COOPERATIVES
dc.subject CREDIT POLICIES
dc.subject CREDITS
dc.subject CREDITWORTHINESS
dc.subject CROPLAND
dc.subject CURRENT PRICES
dc.subject DEBT
dc.subject DEBT BURDEN
dc.subject DEBT PAYMENTS
dc.subject DEBT SERVICE
dc.subject DECENTRALIZATION
dc.subject DECENTRALIZATION OF AUTHORITY
dc.subject DEMOGRAPHIC PROJECTIONS
dc.subject DEVELOPING COUNTRIES
dc.subject DEVELOPMENT GOALS
dc.subject DEVELOPMENT OBJECTIVES
dc.subject DEVELOPMENT PLANS
dc.subject DEVELOPMENT POLICIES
dc.subject DEVELOPMENT POLICY
dc.subject DEVELOPMENT STRATEGIES
dc.subject DIMENSIONS OF POVERTY
dc.subject DISEASES
dc.subject DROUGHT
dc.subject EARLY DEATH
dc.subject EARNINGS
dc.subject ECONOMIC DEVELOPMENT
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC PROGRESS
dc.subject EMERGENCY PLAN
dc.subject EXCHANGE RATES
dc.subject EXPENDITURES
dc.subject EXPORT EARNINGS
dc.subject EXTENSION AGENTS
dc.subject FAMILY FARMS
dc.subject FAMILY PLANNING
dc.subject FARM FAMILIES
dc.subject FARM IRRIGATION
dc.subject FARMERS
dc.subject FEEDER ROADS
dc.subject FINANCE MINISTRIES
dc.subject FINANCIAL AID
dc.subject FINANCIAL ASSISTANCE
dc.subject FINANCIAL COMMITMENTS
dc.subject FINANCIAL POLICIES
dc.subject FINANCIAL RESOURCES
dc.subject FINANCIAL STRUCTURE
dc.subject FOOD SHORTAGE
dc.subject FOREIGN EXCHANGE
dc.subject GREATER ACCESS
dc.subject GROSS NATIONAL PRODUCT
dc.subject GUIDE TO ACTION
dc.subject HEALTH CENTERS
dc.subject HEALTH SERVICES
dc.subject HUMAN BEINGS
dc.subject HUMAN DIGNITY
dc.subject HUMAN LIFE
dc.subject ILLITERACY
dc.subject INCOME
dc.subject INCOME DISTRIBUTION
dc.subject INCOME GROUP
dc.subject INCOME GROUPS
dc.subject INCREMENTAL INCOME
dc.subject INDUSTRIALIZATION
dc.subject INEQUALITIES
dc.subject INEQUALITY
dc.subject INFANT
dc.subject INFANT MORTALITY
dc.subject INSURANCE
dc.subject INTEREST RATE
dc.subject INTEREST RATES
dc.subject INTERNAL MIGRATION
dc.subject INTERNATIONAL ASSISTANCE
dc.subject INTERNATIONAL BANK
dc.subject INTERNATIONAL COMMUNITY
dc.subject INVESTMENT PLANS
dc.subject LAND CEILINGS
dc.subject LAND REFORM
dc.subject LAWS
dc.subject LEGISLATION
dc.subject LIFE EXPECTANCY
dc.subject LIVES OF INDIVIDUALS
dc.subject LIVESTOCK PRODUCTION
dc.subject LIVING STANDARDS
dc.subject MALNUTRITION
dc.subject MILK
dc.subject MINORITY
dc.subject MODERNIZATION
dc.subject MONEY LENDER
dc.subject MONEY LENDERS
dc.subject NATIONAL GOVERNMENTS
dc.subject NATIONAL LEVEL
dc.subject NET INCOME
dc.subject NUTRITION
dc.subject NUTRITIONAL DEFICIENCIES
dc.subject OFFICIAL DEVELOPMENT ASSISTANCE
dc.subject PEOPLES
dc.subject PER CAPITA PUBLIC EXPENDITURES
dc.subject PESTICIDES
dc.subject PLAN OF ACTION
dc.subject POLITICAL LEADERSHIP
dc.subject POLITICAL POWER
dc.subject POOR
dc.subject POOR COUNTRIES
dc.subject POOR FARMERS
dc.subject POOR NATIONS
dc.subject POPULATION INCREASE
dc.subject PUBLIC SERVICES
dc.subject PURCHASING POWER
dc.subject QUALITY OF LIFE
dc.subject QUANTITATIVE GOALS
dc.subject RATE OF GROWTH
dc.subject RATES OF INTEREST
dc.subject REORGANIZATION
dc.subject RESEARCH INSTITUTIONS
dc.subject RURAL
dc.subject RURAL AREAS
dc.subject RURAL DEVELOPMENT
dc.subject RURAL INSTITUTIONS
dc.subject RURAL POOR
dc.subject RURAL POVERTY
dc.subject SAVINGS
dc.subject SCARCE RESOURCES
dc.subject SELF-RELIANCE
dc.subject SHORT SUPPLY
dc.subject SMALL FARM
dc.subject SMALL FARMER
dc.subject SMALL FARMERS
dc.subject SMALL FARMS
dc.subject SMALL LOANS
dc.subject SMALL-SCALE AGRICULTURE
dc.subject SMALL-SCALE IRRIGATION
dc.subject SMALLHOLDER
dc.subject SMALLHOLDER AGRICULTURE
dc.subject SMALLHOLDERS
dc.subject SOCIAL EQUITY
dc.subject SOCIAL INFRASTRUCTURE
dc.subject SOCIAL TENSIONS
dc.subject SUBSISTENCE
dc.subject SUBSISTENCE FARMERS
dc.subject TECHNICAL ASSISTANCE
dc.subject TECHNICAL INFORMATION
dc.subject TECHNOLOGICAL CAPACITY
dc.subject TRADE IMBALANCES
dc.subject UNEMPLOYMENT
dc.subject UPPER INCOME GROUPS
dc.subject URBAN AREAS
dc.subject URBAN SLUMS
dc.subject URBANIZATION
dc.subject VICTIMS
dc.subject VILLAGE
dc.subject WATER RESOURCES
dc.subject WORKING CAPITAL
dc.subject HUMAN NEEDS
dc.subject WORLD BANK GROUP STRATEGY
dc.subject EXTREME POVERTY
dc.title Address to the Board of Governors, September 25, 1972 en
dc.title Discurso ante la junta de Gobernadores, 25 de Septiembre de 1972 es
dc.title Discours prononcé devant le Conseil des Gouverneurs, 25 septembre 1972 fr
dc.type Speech en
dc.type Discours fr
dc.type Discurso es
dspace.entity.type Publication
okr.date.disclosure 2011-12-07
okr.doctype President's Speech
okr.docurl http://documents.worldbank.org/curated/en/426131468341113875/Address-to-the-Board-of-Governors-by-Robert-S-McNamara
okr.identifier.externaldocumentum 000386194_20111208000325
okr.identifier.internaldocumentum 15535489
okr.identifier.report 55787
okr.imported true es
okr.language.supported en
okr.language.supported es
okr.language.supported fr
okr.pdfurl http://documents.worldbank.org/curated/en/426131468341113875/pdf/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.pdf es
okr.pdfurl http://documents.worldbank.org/curated/en/426131468341113875/pdf/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.pdf en
okr.pdfurl http://documents.worldbank.org/curated/en/276091468161969120/pdf/557870WP0FRENC0S-0McNamara000French.pdf fr
okr.pdfurl http://documents.worldbank.org/curated/en/563401468150583165/pdf/557870WP0SPANI0-0McNamara000Spanish.pdf es
okr.topic Governance :: International Governmental Organizations
okr.topic Macroeconomics and Economic Growth :: Development Economics & Aid Effectiveness
okr.topic Poverty Reduction :: Inequality
okr.topic Poverty Reduction :: Living Standards
okr.topic Poverty Reduction :: Poverty Reduction Strategies
okr.topic Poverty Reduction :: Pro-Poor Growth
okr.txturl http://documents.worldbank.org/curated/en/426131468341113875/text/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.txt en
okr.txturl http://documents.worldbank.org/curated/en/276091468161969120/text/557870WP0FRENC0S-0McNamara000French.txt fr
okr.txturl http://documents.worldbank.org/curated/en/563401468150583165/text/557870WP0SPANI0-0McNamara000Spanish.txt es
okr.unit Office of the President (EXC)
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