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International Bank for Reconstruction and Development

Published online by Cambridge University Press:  22 May 2009

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Extract

Ninth Annual Meeting

The ninth annual meeting of the Board of Governors of the International Bank for Reconstruction and Development was held in Washington from September 24 to 29, 1954, under the chairmanship of J. van de Kieft (Governor for the Netherlands). Two of the five plenary meetings were held jointly with the Board of Governors of the International Monetary Fund, and on September 28 an informal panel discussion was held on the prospects for private international investment.

Type
International Organizations: Summary of Activities: II. Specialized Agencies
Information
International Organization , Volume 9 , Issue 1 , February 1955 , pp. 164 - 167
Copyright
Copyright © The IO Foundation 1955

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References

1 For summary of this report, see International Organization, VIII p. 560–562.

2 By a decision of the eighth annual meeting of the Board of Governors of the Bank, Czechoslovakia was suspended from membership in the Bank as of December 31, 1953 (See International Organization, VIII, p. 134). Under the Articles of Agreement of the Bank (Article VI, section 2), a member so suspended automatically ceases to be a member one year from the date of suspension, unless a decision is taken to restore the member to good standing. No action of this sort was taken at the ninth annual meeting.

3 International Bank for Reconstruction and Development, Summary Proceedings, Ninth Annual Meeting of the Board of Governors…, Washington, 10 15, 1954Google Scholar.

4 International Bank Press Release 376, October 12, 1954; ibid., Loan No. 104ES, October 12, 1954.

5 For information on the Bank's first loan to El Salvador see International Organization, IV, p. 315.

6 International Bank Press Release 378, November 12, 1954.

7 For information on the earlier loans, see International Organization, VI, p. 296, 634–635.

8 New York Times, October 27, 1954.

9 International Bank Press Release 377, November 11, 1954.