Finance and 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: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1970.
Series:Finance and Development; Finance and Development ; No. 0007/002
Online Access:Full text available on IMF
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.
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Physical Description:1 online resource (68 pages)
Format:Mode of access: Internet
ISSN:0145-1707
Access:Electronic access restricted to authorized BRAC University faculty, staff and students