New Releases by Robert S. McNamara

In the thirteen years that Robert McNamara served as President of the World Bank, he transformed that institution into the worlds largest and most important single source of international development assistance. When he took office in 1968, the Bank was lending about a billion dollars a year. By 1980, that figure had grown to $12 billion. In his final year, this one development agency was supervising over 1,600 projects, with a total value of some $100 billion, in more than a hundred developing countries. Those are impressive statistics. But they do not reveal the full dimensions of Mr. McNamara's achievement. That becomes clear if one peruses what has now been collected together here for the first time in one volume: his major policy addresses as an international civil servant. In effect, this volume constitutes a careful, reasoned, and sometimes impassioned commentary on the human condition of late twentieth-century man-and what the international community can and ought to do about it.

Compilation of statements delivered by the author during his first term as president of World Bank, providing an overview of development policy issues and the obstacles to economic development in developing countries - covers population growth, poverty, underdevelopment, the environment, social equity and economic growth, development banking and financing, etc. References.