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Address to the Board of Governors by Robert S. McNamara (Английский)

This speech by Robert S. McNamara, President of the World Bank, was addressed to the Board of Governors in Nairobi, Kenya on September 24, 1973. He gives an overview of results for the Bank's Five-Year Program for the fiscal years 1969-73. He then outlines the financial objectives for a second five year plan for the years 1974-78. He examines three interrelated difficulties that most developing member countries are faced with. One, the foreign exchange...
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