Finance and Development, September 1975.

This paper describes the need for a new framework for international resource transfers. The paper highlights that the only international deal that presently exists on resource transfers is enshrined in the acceptance by the rich nations of a target of 1 percent of gross national product, with 0.7 pe...

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Bibliographic Details
Corporate Author: International Monetary Fund. External Relations Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1975.
Series:Finance and Development; Finance and Development ; No. 0012/003
Online Access:Full text available on IMF
Description
Summary:This paper describes the need for a new framework for international resource transfers. The paper highlights that the only international deal that presently exists on resource transfers is enshrined in the acceptance by the rich nations of a target of 1 percent of gross national product, with 0.7 percent as official development assistance on fairly concessional terms. However, the acceptance of this target by rich nations was grudgingly slow, and the actual performance has been most disappointing.
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Physical Description:1 online resource (48 pages)
Format:Mode of access: Internet
ISSN:0145-1707
Access:Electronic access restricted to authorized BRAC University faculty, staff and students