Finance & Development, June 1970

This paper explains how the World Bank carries out its most characteristic activity: the identification, preparation, appraisal, and supervision of projects for economic development. The paper highlights that project lending is intended to ensure that the World Bank funds are invested in sound, prod...

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Bibliographic Details
Corporate Author: International Monetary Fund External Relations Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1970
Series:Finance & Development
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper explains how the World Bank carries out its most characteristic activity: the identification, preparation, appraisal, and supervision of projects for economic development. The paper highlights that project lending is intended to ensure that the World Bank funds are invested in sound, productive projects with the purpose of contributing both to the borrowing country’s capacity to repay and to the development of its economy. It is in the coincidence of these two purposes that the Bank’s functions as an international financial institution merge with those that it has increasingly assumed as a development institution
Physical Description:68 pages
ISBN:9781616352998