Multilateral and Bilateral Aid

George D. Woods, President of the World Bank Group, spoke about the proposal to markedly increase the funds available to the World Bank's affiliate, the International Development Association (IDA) and the financial resources going to the new regional development banks working in Africa, Asia an...

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Main Author:	Woods, George D.
Format:	Speech
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	BILATERAL AID MULTILATERAL AID OFFICIAL DEVELOPMENT ASSISTANCE TIED AID COMMODITY FINANCE DEBT BURDEN
Online Access:	http://documents.worldbank.org/curated/en/808921542194950358/Address-to-the-International-Parliamentary-Conference-on-Development-Aid-by-George-D-Woods-President http://hdl.handle.net/10986/33125

id	okr-10986-33125
recordtype	oai_dc
spelling	okr-10986-331252021-04-23T14:05:09Z Multilateral and Bilateral Aid Woods, George D. BILATERAL AID MULTILATERAL AID OFFICIAL DEVELOPMENT ASSISTANCE TIED AID COMMODITY FINANCE DEBT BURDEN George D. Woods, President of the World Bank Group, spoke about the proposal to markedly increase the funds available to the World Bank's affiliate, the International Development Association (IDA) and the financial resources going to the new regional development banks working in Africa, Asia and Latin America. The United Nations Development Program is also trying to raise the level of the government contributions it receives. Governments must soon decide about these measures of support for multilateral institutions. If the momentum of economic growth in countries of Africa, Asia and Latin America is lost, if leaders in these regions lose heart, then the prospect is for deterioration in world affairs that in the end will inevitably be of the highest concern in the industrial countries themselves. This need not be the future. And it will not be the future if the industrialized countries give development finance a realistic priority among their other concerns and responsibilities. He spoke about the difference between tied aid and untied aid. He discussed the Development Assistance Committee consultative group and aid coordination. The Bank acts as an honest broker and expert adviser. 2020-01-03T16:04:59Z 2020-01-03T16:04:59Z 1967-04-07 Speech http://documents.worldbank.org/curated/en/808921542194950358/Address-to-the-International-Parliamentary-Conference-on-Development-Aid-by-George-D-Woods-President http://hdl.handle.net/10986/33125 English Address to the International Parliamentary Conference on Development Aid, Bonn, April 7, 1967; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	BILATERAL AID MULTILATERAL AID OFFICIAL DEVELOPMENT ASSISTANCE TIED AID COMMODITY FINANCE DEBT BURDEN
spellingShingle	BILATERAL AID MULTILATERAL AID OFFICIAL DEVELOPMENT ASSISTANCE TIED AID COMMODITY FINANCE DEBT BURDEN Woods, George D. Multilateral and Bilateral Aid
relation	Address to the International Parliamentary Conference on Development Aid, Bonn, April 7, 1967;
description	George D. Woods, President of the World Bank Group, spoke about the proposal to markedly increase the funds available to the World Bank's affiliate, the International Development Association (IDA) and the financial resources going to the new regional development banks working in Africa, Asia and Latin America. The United Nations Development Program is also trying to raise the level of the government contributions it receives. Governments must soon decide about these measures of support for multilateral institutions. If the momentum of economic growth in countries of Africa, Asia and Latin America is lost, if leaders in these regions lose heart, then the prospect is for deterioration in world affairs that in the end will inevitably be of the highest concern in the industrial countries themselves. This need not be the future. And it will not be the future if the industrialized countries give development finance a realistic priority among their other concerns and responsibilities. He spoke about the difference between tied aid and untied aid. He discussed the Development Assistance Committee consultative group and aid coordination. The Bank acts as an honest broker and expert adviser.
format	Speech
author	Woods, George D.
author_facet	Woods, George D.
author_sort	Woods, George D.
title	Multilateral and Bilateral Aid
title_short	Multilateral and Bilateral Aid
title_full	Multilateral and Bilateral Aid
title_fullStr	Multilateral and Bilateral Aid
title_full_unstemmed	Multilateral and Bilateral Aid
title_sort	multilateral and bilateral aid
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/808921542194950358/Address-to-the-International-Parliamentary-Conference-on-Development-Aid-by-George-D-Woods-President http://hdl.handle.net/10986/33125
_version_	1764474975243206656

Multilateral and Bilateral Aid

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