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The World Bank and the sterling area by W. A. B. Iliff, Vice President, International Bank for Reconstruction and Development (English)

This report discusses the remarks delivered by W. A. B. Iliff, Vice President, International Bank for Reconstruction and Development. He discusses that for the sterling area the United Kingdom has remained the predominant source of capital, with London the undisputed financial hub of the system. Since Bank loans have to be serviced in the currency lent, its lending has, of course added appreciably to the future dollar obligations of the sterling area. He discusses on following points: expanding productive capacity; the pattern of lending; supplementing the bank's resources; putting loan proceeds to work; advisory services; the international finance corporation; and maintaining the momentum.

Details

  • Author

    Iliff,William A. B.

  • Document Date

    1958/01/01

  • Document Type

    Working Paper

  • Report Number

    112070

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2021/02/05

  • Disclosure Status

    Disclosed

  • Doc Name

    The World Bank and the sterling area by W. A. B. Iliff, Vice President, International Bank for Reconstruction and Development

  • Keywords

    sterling area;source capital;flow of capital;barrier to import;fixed interest rate;natural gas pipeline;rate of investment;european economic community;nuclear power station;improvement of health;capital issues;equipment and supply;sources of fund;Finance for Development;capital account transaction;agriculture and forestry;diesel locomotive;foreign exchange;swiss franc;Borrowing Countries;canadian dollar;bond issue;bank bond;electrical equipment;bank borrower;industrial bank;service capacity;grant aid;capital shortage;Road Networks;Electric Power;lending institution;bank borrowing;desert land;extensive use;borrowed fund;banking service;scarce resource;adequate safeguard;freer trade;long-term capital;consulting engineer;local circumstance;fuel import;international bid;investment enterprise;fuel efficiency;investment fund;loan proceeds;increased speed;foreign capital;industrial activity;project finance;heavy traffic;passenger aircraft;agricultural equipment;international bidding;air transport;public issue;inland waterway;Bank Fund;competitive bidding;farm productivity;underdeveloped region;private industry;freight car;bank assistance;world market;export product;capital export;world trade;railway network;french franc;central reserve;productive capacity;private capital;land clearance;bank rate;capital imports;steam locomotive;local industry;farm machinery;copper mining;government commitment;Public Utilities;industrial plant;grant funds;train service;modern production;Carried Interest;motor car;dollar market;Economic Management;parent company;mexican peso;

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Citation

Iliff,William A. B.

The World Bank and the sterling area by W. A. B. Iliff, Vice President, International Bank for Reconstruction and Development (English). Speech Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/628411538251113999/The-World-Bank-and-the-sterling-area-by-W-A-B-Iliff-Vice-President-International-Bank-for-Reconstruction-and-Development