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Annual address by George D. Woods, President of the Bank and its affiliates (English)

This report discusses the remarks delivered by George D. Woods, President of the Bank and its affiliates. He discusses on the following: the willingness of the capital-exporting countries to continue and increase their annual contributions in support of the International Development Association (IDA); the operations of the International Finance Corporation (IFC); growing activity of the Bank Group of institutions, under the leadership of IFC, in the establishment and support of local private industrial finance companies; commodity problem; debt problem; and policy problem.


  • Author

    Woods,George D.

  • Document Date


  • Document Type

    President's Speech

  • Report Number


  • Volume No


  • Total Volume(s)


  • Country


  • Region

    The World Region,

  • Disclosure Date


  • Disclosure Status


  • Doc Name

    Annual address by George D. Woods, President of the Bank and its affiliates

  • Keywords

    struggle against poverty; component of investment; foreign private investment; large power plant; industry and education; debt service obligation; agriculture and industry; private foreign investment; production and export; balance of payment; part i countries; foreign exchange; finance company; import substitution; primary product; cultural production; private capital; debt problem; export structure; project delays; investment institution; administrative structure; private borrower; agricultural sector; arbitration center; debt structure; market demand; local funds; bilateral aid; net capital; repayment obligation; vocational school; human skill; interest burden; external obligation; Borrowing Countries; port expansion; investment climate; national policy; legal expert; geographic area; private enterprise; technological information; foreign programs; industrial personnel; administrative cost; foreign investor; export earning; national market; share capital; postwar period; international demand; income growth; industrial company; financial policies; export earnings; resource mobilization; financial difficulties; export growth; monetary policy; loan amounting; downward movement; annual contribution; multilateral approach; public servant; flood control; effective action; land clearance; industrial capacity; long-term financing; resource utilization; international body; primary concern; free access; storage facility; scale irrigation; Trade Policies; Trade Policy; public source; capital repatriation; external agencies; agricultural organization; internal tax; industrialized nation; hand tool; school facility; project finance; grace period; earning power; national resource; social factor; capital flight; repayment capacity; agricultural finance; investment fund; loan capital; local financing; political expediency; rational allocation



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Woods,George D.

Annual address by George D. Woods, President of the Bank and its affiliates (English). Presidential speech Washington, D.C. : World Bank Group.