In the World Bank’s last annual report the Federal Republic of Germany was described as a leading member of the World Bank Group (IBRD, IFC and IDA). The Federal Republic has subscribed about $ 1.4 bn to the capital of the World Bank and to date contributed $ 1.1 bn to IDA. The second German...

The emphasis of development policies has for many years been placed on primarily growth-oriented development strategies. Although the latter have indeed induced an astounding increase in real GNP levels in Third World countries, they have not been able to decisively reduce existing social...

The existence of constraints affecting the social services in developing countries is only too obvious. Neither donor nor recipient countries have yet paid sufficient attention to this sphere in the context of development policy. Practicable planning proposals are therefore put forward in the...

Development plans form one of the bases from which a development process starts. One of the problems encountered is that a large variety of action parameters in the political and economic spheres have to be taken into account in the drafting of a plan and in structural analysis. The problem of...

In September 1973, the President of the World Bank, Robert S. McNamara, made a challenging address to the Governors of the Central Banks of the member states of the international Monetary Fund. The main subject in his speech was the problem of poverty particularly in rural areas of developing...

The adjustment crisis of the oil-importing developing countries has raised the question as to the specific roles of the IMF and the World Bank in the process of structural adjustment and the actual relationship between their different concepts and programmes. What are the areas of cooperation...