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International Monetary Fund


La politique budgétaire influe sur le développement durable par les effets qu'elle exerce sur la croissance économique, sur l'environnement et sur la mise en valeur des ressources. Quelles sont les relations entre la politique budgétaire et le développement durable, et comment le FMI s'efforce-t-il de promouvoir le développement durable dans ses recommandations ? Quel est le bilan de l'expérience acquise à ce jour, et par quels moyens les pouvoirs publics, la communauté internationale et les institutions financières internationales peuvent-ils promouvoir plus efficacement le développement durable ?

International Monetary Fund. External Relations Dept.

This paper reviews the speech delivered by Mr. Robert S. McNamara, President of the World Bank in Geneva in an address to the Economic and Social Council of the United Nations on July 23, 1979. In McNamara’s opinion, the “massive disparities” of living standards in the world are likely to continue. For his address, Mr. McNamara drew on projections and analyses from the World Development Report, 1979, of the World Bank. Mr. McNamara also emphasized the interdependence of the developed and developing countries.

Bruce Fitzgerald

This paper reviews the World Bank lending for structural adjustment. The World Bank has always stressed the need to use limited investable resources efficiently. It has attempted to identify investment priorities in recipient countries and lent for projects that promised a high rate of return. The Bank’s Operational Manual defines structural adjustment lending as nonproject lending to support programs of policy and institutional change necessary to modify the structure of an economy so that it can maintain both its growth rate and the viability of its balance of payments in the medium term.