Robert S. McNamara, President of the World Bank, reviewed the state of development, and the relationship of economic growth to social equity. First, he summarized recent Bank activities, particularly those which bring the Bank into working relationships with other parts of the U.N. system....

Robert S. McNamara, President of the World Bank, reported on the Bank's operations in fiscal year 1972 and reviewed the progress of the Five-Year Program for 1969–73. He assessed the current state of development in member countries and outlined the program for the five years 1974–78. He...

Robert S. McNamara, President of the World Bank Group, emphasizes that the Bank is a development investment institution, not a philanthropic or social welfare organization. He says the Bank's lending policy is founded on two basic principles: sound projects and creditworthy borrowers. Loans are...

Robert S. McNamara, President of the World Bank Group, reports that the Bank is operating at a high level of activity. During the first decade, the developing nations succeeded in adding a substantial increment to their very low levels of material wealth and their average rate of growth was...

Robert S. McNamara, President of the World Bank Group, remarked that progress has been made in both the qualitative and quantitative aspects of life in the vast majority of developing countries. Development has brought death rates down in those countries, but a corresponding adjustment in the...

Robert S. McNamara, President of the World Bank Group, discussed two issues: the operations of the Bank, both for the past fiscal year and for the period covered by the Five-year Program, and the relationship of the Bank to the rest of the U.N. system. The Five- Year Program was developed with...

Robert S. McNamara, President of the World Bank Group, notes that Notre Dame has become a catalytic center of creative thought. It does what universities do best: it probes. It probes the present for what is most formative of the future. And it probes the future for what will most enlarge man's...

Robert S. McNamara, President of the World Bank Group, remarked that 1970 marked the beginning of the second quarter-century of the Bank's existence, and prefaced the opening of second development decade. He sketched out the plans for maintaining the momentum of the Bank group's accelerated...

Robert S. McNamara, on his first visit to Latin America as President of the World Bank Group, spoke about his concerns about Latin American economies and hopes for increased lending in education and agriculture. He is concerned about the U.S. Congress approving the IDA replenishment. He asked...

Robert S. McNamara, President of the World Bank Group, discussed the deliberations on the report of the Pearson commission. They preface the second development decade. The report addresses the issues on which a sound, sensible strategy for the seventies must be fashioned. But to be frank, in...