Address before the Overseas Press Club of America, New York City, March 16, 1948

• Tác giả: John McCloy
• Ngôn ngữ: eng
• Ký hiệu phân loại: 940.5 1918
• Thông tin xuất bản: World Bank, Washington, DC, 2019
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 326046
• Chủ đề: 1. BALANCE OF PAYMENT DEFICITS; 2. DOLLAR SHORTAGE; 3. ECONOMIC RECOVERY; 4. PROJECT FINANCE; 5. WORLD FINANCE

Tóm tắt

John J. McCloy, President of the International Bank for Reconstruction and Development, discussed the appropriate function of the Bank. It cannot be the overall financer of global balance of payment deficits. It can finance economically strategic and productive projects. It can be the bridge between government and private financing, and thereby complement the Marshall Plan. He discussed administration of the Marshall Plan and national self-interest. The opportunity afforded by recovery of Europe and its closer integration remains the first and most promising objective to achieve.