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1991 annual meetings of the Boards of Governors : summary proceedings (English)

The 1991 annual meetings of the Boards of Governors of the World Bank Group, which consists of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) , International Development Association (IDA), Multilateral Investment Guarantee Agency (MIGA) and International Centre for the Settlement of Investment Disputes (ICSID), held jointly with that of the International Monetary Fund (IMF), took place in Bangkok, Thailand, October 15-17, 1991. The Honorable Pablo Better, Governor of the Bank and the fund for Ecuador, served as Chairman. The summary proceedings record in alphabetical order of member countries, the texts of statements by Governors relating to the activities of the World Bank Group. The texts of statements concerning the IMF are published separately by the fund.


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    Board Report

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    The World Region,

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    1991 annual meetings of the Boards of Governors : summary proceedings

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    European Bank for Reconstruction and Development;high rate of population growth;access to voluntary family planning;Compensatory and Contingency Financing Facility;role of women in development;social and economic development;access to capital market;investment in human resources;opportunities for development;access to foreign market;efficiency of resource use;enhanced structural adjustment facility;United Nations Environment Programme;reconstruction and development program;high rates of inflation;international economic environment;foreign direct investment;allocation of share;rate of growth;Joint Procedures Committee;per capita income;reduction of poverty;program of fiscal;human resource development;production and export;economic growth rate;process of development;structural adjustment program;international trading system;investment and development;international financial market;access to technology;education and health;quality of education;Climate for investment;health care system;multilateral development institution;population growth rate;external debt burden;international financial community;fundamental tax reform;foreign investment policy;global free trade;alleviation of poverty;standard of living;barriers to trade;direct foreign investment;investments in infrastructure;domestic policy reform;improved living standard;world export market;efficiency of investment;centrally planned economy;real interest rate;financial sector liberalization;effect of inflation;signs of recovery;world economy;financial resource;industrial country;Economic Management;administrative budget;global economy;international community;financial statement;economic slowdown;authorized capital;industrial economy;Macroeconomic Policy;social justice;world economic;capital increase;price stability;monetary discipline;economic stability;external capital;gulf crisis;industrial trade;economic reform;oil price;scarce resource;andean pact;world community;long-term strategy;economic integration;human freedom;human beings;domestic saving;catalytic finance;quota increases;defense expenditure;inflation rate;development policy;global opportunities;environmental problem;socioeconomic inequality;oil trade;security situation;european community;environmental aspect;government commitment;economic liberalization;centrifugal force;market economy;political change;efficient production;stable growth;macroeconomic perspective;industrial nations;savings accumulation;investment resource;legal framework;human condition;investment need;efficient investment;technological innovation;trade negotiation;sound investment;domestic industry;competitive world;potential output;external assistance;good faith;equity financing;social infrastructure;fiscal balance;antipoverty program;productive process;domestic condition;social democracy;state enterprises;development thinking;political democracy;private initiative;savings mobilization;external condition;market model;domestic institution;external shock;debt crisis;defense spending;market force;public resource;Trade Policies;productivity increase;Macroeconomic Stability;macroeconomic adjustment;dynamic export;domestic output;harmful effect;fiscal imbalance;free enterprise;continuous process;commercial activity;state involvement;macroeconomic issue;public expenditure;economic recovery;debt service;investment climate;political progress;economic prosperity;democratic system;common problems;federal republic;abject poverty;disadvantaged sector;political development;Trade Policy;managed trade;economic efficiency;capital flight;ecological issues;global trade;conventional approach;resource mobilization;negotiation process;export success;regional grouping;tariff barrier;export performance;market opportunity;stated objective;debt problem;external financing;oil import;military spending;political tension;Cultural Heritage;finance minister;productive sector;modern world;natural beauty;procedure committee;human face;small country;political will;income disparity



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1991 annual meetings of the Boards of Governors : summary proceedings (English). Washington, D.C. : World Bank Group.