In this address, the president of the World Bank and the International Finance Corporation indicates that all countries, industrial and developing, have a stake in an open international trading system. The experience of the World Bank in working closely with its developing member countries has demonstrated that healthy and sustained economic…

The market-oriented countries of Pacific Asia have been contributing to economic growth in the industrialized West. The market developing countries of East Asia have averaged economic growth of 7.5 percent a year over the last 20 years. The most prominent feature of their economic development has been rapid growth in manufactured exports, expanded…

Because evidence is clear that in many developing countries development will be postponed indefinitely unless slower population growth can be achieved soon, the international community must work together in a renewed effort to slow population growth. Assistance can be accomplished in three ways: (1) encouraging dialog aimed at forging…

Recent efforts of the World Bank to improve global economic problems are described, issues which will influence the role of the World Bank in the decade to come are discussed, and the Bank's future role is examined. Recent World Bank efforts to help developing nations include a lending program, project investments, analytical and advisory work,…