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The progress of economic development by John H. Adler, Director, Economic Development Institute, World Bank (Inglês)

This report discusses the remarks delivered by John H. Adler, Director, Economic Development Institute, World Bank at the economics roundtable session of the fifty-first national foreign trade convention. He discusses that it is difficult to find in the literature of the 19th century any indication that economic development, as it took place in Western Europe and the other parts of the world just referred to, will also be something to be expected in the colonial territories as they were called at that time. Economic growth has proceeded in the last 15 years or so at a rate of something like 4 percent per annum. He discusses on the following: is development fast enough?; the role of foreign assistance; unsolved problems; and the outlook.

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