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

Simple item page
dc.contributor.authorMcNamara, Robert S.
dc.date.accessioned2020-02-13T20:36:00Z
dc.date.available2020-02-13T20:36:00Z
dc.date.issued1972-09-25
dc.description.abstractRobert 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.identifierhttp://documents.worldbank.org/curated/en/426131468341113875/Address-to-the-Board-of-Governors-by-Robert-S-McNamara
dc.identifier.doi10.1596/33328
dc.identifier.urihttps://hdl.handle.net/10986/33328
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectABSOLUTE POVERTY
dc.subjectACCESS TO CREDIT
dc.subjectACCOUNTING
dc.subjectADVICE TO GOVERNMENTS
dc.subjectAGRICULTURAL GROWTH
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURAL RESEARCH
dc.subjectAGRICULTURAL TECHNOLOGY
dc.subjectAGRICULTURAL YIELDS
dc.subjectAID AGENCIES
dc.subjectALLOCATION OF RESOURCES
dc.subjectAPPLICATION PROCEDURES
dc.subjectAPPROPRIATE INCENTIVES
dc.subjectARID TROPICS
dc.subjectBANK FINANCING
dc.subjectBORROWING
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCITIZEN
dc.subjectCITIZENS
dc.subjectCOMMUNITY OF NATIONS
dc.subjectCONFLICT
dc.subjectCONSOLIDATION
dc.subjectCONSUMER GOODS
dc.subjectCOOPERATIVES
dc.subjectCREDIT POLICIES
dc.subjectCREDITS
dc.subjectCREDITWORTHINESS
dc.subjectCROPLAND
dc.subjectCURRENT PRICES
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT PAYMENTS
dc.subjectDEBT SERVICE
dc.subjectDECENTRALIZATION
dc.subjectDECENTRALIZATION OF AUTHORITY
dc.subjectDEMOGRAPHIC PROJECTIONS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT GOALS
dc.subjectDEVELOPMENT OBJECTIVES
dc.subjectDEVELOPMENT PLANS
dc.subjectDEVELOPMENT POLICIES
dc.subjectDEVELOPMENT POLICY
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDIMENSIONS OF POVERTY
dc.subjectDISEASES
dc.subjectDROUGHT
dc.subjectEARLY DEATH
dc.subjectEARNINGS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PROGRESS
dc.subjectEMERGENCY PLAN
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectEXPORT EARNINGS
dc.subjectEXTENSION AGENTS
dc.subjectFAMILY FARMS
dc.subjectFAMILY PLANNING
dc.subjectFARM FAMILIES
dc.subjectFARM IRRIGATION
dc.subjectFARMERS
dc.subjectFEEDER ROADS
dc.subjectFINANCE MINISTRIES
dc.subjectFINANCIAL AID
dc.subjectFINANCIAL ASSISTANCE
dc.subjectFINANCIAL COMMITMENTS
dc.subjectFINANCIAL POLICIES
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL STRUCTURE
dc.subjectFOOD SHORTAGE
dc.subjectFOREIGN EXCHANGE
dc.subjectGREATER ACCESS
dc.subjectGROSS NATIONAL PRODUCT
dc.subjectGUIDE TO ACTION
dc.subjectHEALTH CENTERS
dc.subjectHEALTH SERVICES
dc.subjectHUMAN BEINGS
dc.subjectHUMAN DIGNITY
dc.subjectHUMAN LIFE
dc.subjectILLITERACY
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCREMENTAL INCOME
dc.subjectINDUSTRIALIZATION
dc.subjectINEQUALITIES
dc.subjectINEQUALITY
dc.subjectINFANT
dc.subjectINFANT MORTALITY
dc.subjectINSURANCE
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNAL MIGRATION
dc.subjectINTERNATIONAL ASSISTANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMMUNITY
dc.subjectINVESTMENT PLANS
dc.subjectLAND CEILINGS
dc.subjectLAND REFORM
dc.subjectLAWS
dc.subjectLEGISLATION
dc.subjectLIFE EXPECTANCY
dc.subjectLIVES OF INDIVIDUALS
dc.subjectLIVESTOCK PRODUCTION
dc.subjectLIVING STANDARDS
dc.subjectMALNUTRITION
dc.subjectMILK
dc.subjectMINORITY
dc.subjectMODERNIZATION
dc.subjectMONEY LENDER
dc.subjectMONEY LENDERS
dc.subjectNATIONAL GOVERNMENTS
dc.subjectNATIONAL LEVEL
dc.subjectNET INCOME
dc.subjectNUTRITION
dc.subjectNUTRITIONAL DEFICIENCIES
dc.subjectOFFICIAL DEVELOPMENT ASSISTANCE
dc.subjectPEOPLES
dc.subjectPER CAPITA PUBLIC EXPENDITURES
dc.subjectPESTICIDES
dc.subjectPLAN OF ACTION
dc.subjectPOLITICAL LEADERSHIP
dc.subjectPOLITICAL POWER
dc.subjectPOOR
dc.subjectPOOR COUNTRIES
dc.subjectPOOR FARMERS
dc.subjectPOOR NATIONS
dc.subjectPOPULATION INCREASE
dc.subjectPUBLIC SERVICES
dc.subjectPURCHASING POWER
dc.subjectQUALITY OF LIFE
dc.subjectQUANTITATIVE GOALS
dc.subjectRATE OF GROWTH
dc.subjectRATES OF INTEREST
dc.subjectREORGANIZATION
dc.subjectRESEARCH INSTITUTIONS
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL DEVELOPMENT
dc.subjectRURAL INSTITUTIONS
dc.subjectRURAL POOR
dc.subjectRURAL POVERTY
dc.subjectSAVINGS
dc.subjectSCARCE RESOURCES
dc.subjectSELF-RELIANCE
dc.subjectSHORT SUPPLY
dc.subjectSMALL FARM
dc.subjectSMALL FARMER
dc.subjectSMALL FARMERS
dc.subjectSMALL FARMS
dc.subjectSMALL LOANS
dc.subjectSMALL-SCALE AGRICULTURE
dc.subjectSMALL-SCALE IRRIGATION
dc.subjectSMALLHOLDER
dc.subjectSMALLHOLDER AGRICULTURE
dc.subjectSMALLHOLDERS
dc.subjectSOCIAL EQUITY
dc.subjectSOCIAL INFRASTRUCTURE
dc.subjectSOCIAL TENSIONS
dc.subjectSUBSISTENCE
dc.subjectSUBSISTENCE FARMERS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL INFORMATION
dc.subjectTECHNOLOGICAL CAPACITY
dc.subjectTRADE IMBALANCES
dc.subjectUNEMPLOYMENT
dc.subjectUPPER INCOME GROUPS
dc.subjectURBAN AREAS
dc.subjectURBAN SLUMS
dc.subjectURBANIZATION
dc.subjectVICTIMS
dc.subjectVILLAGE
dc.subjectWATER RESOURCES
dc.subjectWORKING CAPITAL
dc.subjectHUMAN NEEDS
dc.subjectWORLD BANK GROUP STRATEGY
dc.subjectEXTREME POVERTY
dc.titleAddress to the Board of Governors, September 25, 1972en
dc.titleDiscurso ante la junta de Gobernadores, 25 de Septiembre de 1972es
dc.titleDiscours prononcé devant le Conseil des Gouverneurs, 25 septembre 1972fr
dc.typeSpeechen
dc.typeDiscoursfr
dc.typeDiscursoes
dspace.entity.typePublication
okr.crossref.titleAddress to the Board of Governors, September 25, 1972
okr.date.disclosure2011-12-07
okr.date.doiregistration2025-05-08T13:35:33.027801Z
okr.doctypePresident's Speech
okr.docurlhttp://documents.worldbank.org/curated/en/426131468341113875/Address-to-the-Board-of-Governors-by-Robert-S-McNamara
okr.guid426131468341113875
okr.guid563401468150583165
okr.guid451531468323390723
okr.guid276091468161969120
okr.identifier.externaldocumentum000386194_20111208000325
okr.identifier.internaldocumentum15535489
okr.identifier.report55787
okr.importedtruees
okr.language.supporteden
okr.language.supportedes
okr.language.supportedfr
okr.pdfurlhttp://documents.worldbank.org/curated/en/426131468341113875/pdf/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.pdfes
okr.pdfurlhttp://documents.worldbank.org/curated/en/426131468341113875/pdf/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.pdfen
okr.pdfurlhttp://documents.worldbank.org/curated/en/276091468161969120/pdf/557870WP0FRENC0S-0McNamara000French.pdffr
okr.pdfurlhttp://documents.worldbank.org/curated/en/563401468150583165/pdf/557870WP0SPANI0-0McNamara000Spanish.pdfes
okr.topicGovernance::International Governmental Organizations
okr.topicMacroeconomics and Economic Growth::Development Economics & Aid Effectiveness
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Living Standards
okr.topicPoverty Reduction::Poverty Reduction Strategies
okr.topicPoverty Reduction::Pro-Poor Growth
okr.txturlhttp://documents.worldbank.org/curated/en/426131468341113875/text/Address-to-the-Board-of-Governors-by-Robert-S-McNamara.txten
okr.txturlhttp://documents.worldbank.org/curated/en/276091468161969120/text/557870WP0FRENC0S-0McNamara000French.txtfr
okr.txturlhttp://documents.worldbank.org/curated/en/563401468150583165/text/557870WP0SPANI0-0McNamara000Spanish.txtes
okr.unitOffice of the President (EXC)
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I. Speeches by Robert S. McNamara (1968-81)
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