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Finance & Development, December 1978
Author:
International Monetary Fund. External Relations Dept.
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Series:
Finance & Development
Volume/Issue:
Volume 15: Issue 004
Language:
English
Publication Date:
01 Dec 1978
DOI:
https://doi.org/10.5089/9781616353353.022
ISBN:
9781616353353
ISSN:
0015-1947
Pages:
56
Keywords:
FD; F&D; country; market; bank; price; buffer stock; bank lending; Eurocurrency market; Euro-yen market; developing country spokesman; market intervention; Inflation; Stocks; Bank credit; Export earnings; West Africa; Middle East; Global; Europe; East Africa
Legal-disclaimer:
Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.
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This paper highlights that the 1978 World Bank Annual Meeting, held in Washington, D.C. during September 25–28, 1978, emphasized that greater efforts need to be made by both developed and developing countries, on domestic as well as international fronts, to stimulate lagging growth and to improve the well-being of the poorest. Just as developing countries agreed that economic takeoff was based as much on their own internal policies as on the external environment, the industrialized nations acknowledged that their own economic well-being was more closely linked to the growth of the Third World.
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Cover Finance & Development
Finance & Development
ISSN:
0015-1947
Publisher:
International Monetary Fund