The World Bank and the Third World

Abstract

My subject is the World Bank and the Third World. The Bank has taken on the overwhelming task of helping the development of the countries we call, for want of a better word, “underdeveloped,” less favored or, to use a kindlier expression, “developing.” In short, the poor countries. My talk will be divided into three chapters. The first will deal with the origins of foreign aid, the second with the present situation and the last with what we should do to improve our procedures, enlarge our sources of income and perfect their use in the developing world.