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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Robert S. McNamara addressed to the Columbia University Conference on International Economic Development on February 20, 1970 in New York. In his speech, he found their deliberations on the report of the Pearson commission to be most timely.
... See More + They preface the second development decade. The report addresses 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 they have every right to question, 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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