Finance and Development, June 1984.

The role of the World Bank in a changing financial environment is discussed. The World Bank has made several notable changes in its financial structure and operations to assure its continuing financial strength in changing circumstances. Both the front-end fee and the variable lending rate system pe...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund. External Relations Dept
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1984.
Series:Finance and Development; Finance and Development ; No. 0021/002
Acceso en liña:Full text available on IMF
Descripción
Summary:The role of the World Bank in a changing financial environment is discussed. The World Bank has made several notable changes in its financial structure and operations to assure its continuing financial strength in changing circumstances. Both the front-end fee and the variable lending rate system permit the Bank to pass through to borrowers the consequences of adverse interest rate movements. The Bank's new financial policy has significantly increased its flexibility and reduced its vulnerability to financial turbulence.
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ISSN:0145-1707
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