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Finance & Development, December 1978 [electronic resource]

By: International Monetary Fund. External Relations Dept.
Material type: materialTypeLabelBookSeries: Finance & Development; Finance & Development, Volume 15: No. 4Publisher: Washington, D.C. : International Monetary Fund, 1978Description: 1 online resource (56 p.).ISBN: 161635335X :.ISSN: 0145-1707.Subject(s): Balance of Payments | Bond Issues | Capital Increase | Trading System | Cameroon | Japan | United StatesAdditional physical formats: Print Version:: Finance & Development, December 1978Online resources: IMF e-Library | IMF Book Store Abstract: 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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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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