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IDA in retrospect : the first two decades of the International Development Association (English)

The International Development Association (IDA), an integral part of the World Bank, has been for more than twenty years an important channel for aid to low-income developing countries. Its work complements that of its sister institution, the International Bank for Reconstruction and Development. But unlike the Bank, which relies principally on private capital markets, IDA is funded entirely by grants from member governments. The Association has become an outstanding example of multilateral cooperation to promote long-term development. As IDA has grown, it has naturally come under closer scrutiny by all concerned. Donors have become increasingly concerned about the size of the Association, the allocation of contributions among donors, and the allocation of credits to developing countries. Questions have been raised about the quality of IDA's projects, the terms of its loans, and the ability of these projects to reach the poorest people in developing countries. Recipients of IDA loans have also voiced dissatisfaction at times. This report deals frankly with such questions and traces IDA's evolution and achievements over the past two decades. This book highights the institutions' strengths and shortcomings and offers many lessons for multilateral cooperation and worldwide commitment to development.

Details

  • Author

    EXT

  • Document Date

    1982/08/31

  • Document Type

    Publication

  • Report Number

    12689

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2010/07/01

  • Disclosure Status

    Disclosed

  • Doc Name

    IDA in retrospect : the first two decades of the International Development Association

  • Keywords

    per capita income;access to basic service;share of world trade;average rate of return;voting right;rates of return;multilateral development bank;Special Drawing Right;world health organization;private capital flow;learning by doing;floating exchange rate;allocation of credit;international development finance;on-farm water management;high population growth;Finance for Development;overseas development council;cooperation and assistance;water and sewerage;Learning and Innovation Credit;industrial country;Exchange Rates;voting power;project costing;food shortage;private investor;real value;capital subscription;green revolution;long-term loan;burden sharing;Donor countries;recipient countries;multilateral agency;local costs;concessional finance;small country;concessional aid;hard currency;real growth;world war;oil importer;foreign exchange;health program;cold war;irrigation canal;intergovernmental grant;price incentive;export earning;international level;project failure;high share;massive investment;world output;primary schooling;utility tariff;concessional assistance;rice paddy;investment program;poverty focus;defense spending;price distortion;credit standing;world population;project lending;industrialization effort;reform design;general development;small farmer;rising debt;agricultural transformation;education lending;extensive use;large irrigation;Procurement Policy;capital funding;independent country;irrigation facility;food need;colonial powers;foreign capital;agricultural output;procurement arrangement;debt-service payment;grace period;comparative advantage;administrative cost;absolute poverty;payback period;debt service;smaller share;construction site;aid flow;development thinking;concessional loan;human capital;crop production;credit position;cumulative total;commercial borrowing;capita basis;congressional approval;productive asset;short maturity;oil exporter;employment problems;international environment;interest-free loan;export earnings;trained manpower;bilateral aid;capital contribution;financial staff;recovery program;Technical Training;international tension;human skill;investment priority;international community;world economy;international relations;international framework;balanced growth;International Trade;sector reports;commonwealth countries;Investment priorities;preemptive right;financial cost;cooperative institution;

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Citation

EXT

IDA in retrospect : the first two decades of the International Development Association (English). New York, NY : Oxford University Press http://documents.worldbank.org/curated/en/547941468762296226/IDA-in-retrospect-the-first-two-decades-of-the-International-Development-Association