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Diamond, William Archief
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Personal papers of William Diamond

  • WB IBRD/IDA DIAMOND
  • Archief
  • 1955 - 1990, 1999 - 2000
  • 1955 - 1990, 1999 - 2000

Throughout his career, Diamond kept a personal file in chronological order. Sometimes this file was primarily copies of the messages he sent, but at other times he included copies of incoming messages and copies of correspondence that had been sent to him by others. Occasionally a speech draft or a copy of minutes or other official documents are in the file. Although the papers are in one long chronological series, several distinct parts exist. The earliest file, dating from 1955 to 1958, is primarily outgoing messages and personal items on finances, travel arrangements, and publications. It includes information on EDI courses, Diamond's letters to Bank officials during his missions in Ethiopia, Greece, Turkey, and Tunisia; a letter to Newton Parker, March 24, 1958, on the roles of economic institutions in Honduras; and a memo to S.R. Cope of April 1, 1958, reporting on Davidson Sommers' meeting with a Yugoslav representative on future loans to Yugoslavia. An important series of files relate to Diamond's period in India as an advisor to ICICI. Beginning with his preparations in 1958 for the assignment, through the year in India, and continuing into 1960 after Diamond returned to the Bank, the files provide an exceptional view of the early organization of the ICICI and the establishment of its policies. Diamond included in the files incoming and outgoing correspondence, notes of meetings, reports, and clippings, as well as purely personal correspondence. Correspondents include Eugene Black and George D. Woods, the then current and future presidents of the World Bank; ICICI officials; Indian government officials and industrialists; the IBRD resident representatives in India and Pakistan; and various staff members in World Bank offices in Washington. Some items of correspondence discuss the establishment of the Pakistan Industrial Credit and Investment Corporation Limited and developments in Ethiopia. The bulk of the chronological file covers Diamond's assignments at the Bank between 1962 and 1978, when he retired. For the first eight years the files are primarily copies of Diamond's outgoing messages; thereafter the files increasingly include copies of incoming items, such as reports from the field and copies of items sent to him while he was on official missions. The files from the IFC period contain many items about the development banks in South Asia and North Africa. When Diamond was a director of country programs in the South Asia, the files include information on the Tarbela Dam project and the efforts to assist Bangladesh. The documents in these files are largely duplicates of those in the official files of the Bank, but their chronological arrangement allows the user to see the variety of issues that Diamond was handling at the same time and to trace the evolution of his and the Bank's responses to events. The final part of the series are files relating to Diamond's work as a consultant to IFC between 1980 and 1990. The earliest items relate to IFC's role in the work of the Societe Internatinonale Financiere pour les Investissements et le Developpement en Afrique (SIFIDA), but the bulk of the files relate to the Banco Portugues de Investimento SA (BPI). In 1978 a group of Portuguese industrialists created an Executive Group to develop a private financial institution to promote private economic development. They sought the involvement of the IFC, and the IFC engaged Diamond as its consultant on the BPI. This set of files includes both incoming and outgoing correspondence. The final items inthe Diamond papers are transcripts of two speeches that he gave, one in 1984 on the World Bank's policy on development banks and the other in 1999 on the beginnings of the Economic Development Institute. The Diamond papers are of particular importance to researchers interested in the history of development banks, especially those in India and Portugal, and the history of late twentieth century economic development in South Asia

Diamond, William