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The World Bank and poverty: A recent Bank study of poverty-oriented lending confirms the importance of this emphasis »
Article
Source: Finance & Development, June 1982
Volume/Issue: 19/2
Series: Finance & Development
Author(s): International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 1982
ISBN: 9781616353490
Keywords: gross domestic product, capital market, capital markets, per capita incomes, private capital market
This paper reviews the World Bank's graduation policy. Graduation of borrowers from the World Bank is a firmly established principle and has been a long-standing practice. Graduation is a logical step in the develo...