In the twelve months since last meeting,the authors in the Bank have given high priority to further analysis of the problems of poverty in the developing countries and to an evaluation of the policies available for dealing with them.
... See More + This paper discusses the nature of the poverty problem, particularly as it affects the rural areas. Suggest some of the essential elements of a strategy for dealing with it. and outline a plan for World Bank operations in support of this new strategy. But before turning to these matters, this paper will to report to readers on the results of the Bank's Five-Year Program for the fiscal years 1969-73-a program that concluded on June 30th of this year; and then to suggest the financial objectives for a second five year plan for the years 1974-78.
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This document records the address to the Columbia University Conference on International Economic Development, made by Robert S. McNamara to the President of Bank and its affiliates at the 1977 annual meetings.
... See More + In his speech, the report of the Pearson commission is most timely. They are preface to the second development decade. The report is addressing the issues on which a sound, sensible strategy for the seventies must be fashioned. After the past-quarter century of experience, governments in the most affluent nations no longer question, and what they have every right to question, is whether or not the specific programs of the past are still relevant to the problems of the present, and the imperatives of the future.
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