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Records of the Office of the President
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Records of the Office of the President

  • WB IBRD/IDA EXC
  • Fundos
  • 1947 - 1995
  • 1947 - 1995

The records of cover the entire span of administrative and substantive activities of the Bank. Particularly useful is the documentation of public relations activities by the presidents and coordination efforts with outside partners. Briefing books for country visits and for meetings at the Bank's annual meeting often provide good overviews of issues as well as reports on the economic and political situation in a country. Unique materials on major Bank studies and commissions, such as the Pearson and Brandt Commissions and the Task Force on Portfolio Management (Wapenhans Report), are also found in the records of the president's office.

The McNamara, Conable and Preston records include both the records of the president and the records of his immediate staff. Some staff members had specific mandates and their files are key sources for those activities, while other presidential assistants played a more general role in handling topics for the president.

Office of the President

Records of President John J. McCloy

The records of President McCloy consist of incoming and outgoing correspondence between President McCloy, the U.S. Executive Director of the Bank, U.S. political leaders, U.S. public officials, and prominent business leaders. The correspondence address topics of Bank operations and lending.

Correspondence

This series contains fragments of John J. McCloy's correspondence with political leaders and prominent businessmen during his time as President of the World Bank from March 1947 to May 1949. The most substantial bodies of correspondence are with Emilio G. Collado, U.S. Executive Director of the World Bank, 1946-1947; Russell C. Leffingwell, Chairman of the Executive Committee of J.P. Morgan and Co. Inc.; and Bernard H. Baruch, American financier and stock investor.

The correspondence with Emilio Collado consists of letters and memoranda to McCloy regarding World Bank activities, including excerpts from memoranda Collado prepared for U.S. Secretary of State Dean Acheson and a document entitled "Note Relating to a Debt Limit" dated May 1947. McCloy's correspondence with Russell C. Leffingwell includes substantive comments on topics related to the Bank and its operations, such as money stabilization, sterling devaluation, the Bank's lending philosophy, and the prospects for European recovery under the MarshallPlan. Letters to and from Bernard H. Baruch include: a letter related to an Export Import Bank loan to England; a letter sent by Baruch to John Snyder, U.S. Treasury Secretary, on how to stimulate production in the world; and a copy of McCloy's memoranda to Snyder on lending.

Also included are McCloy's answers to questions from U.S. House of Representatives member Howard Buffet and U.S. Senator Leverett Saltonstall. Finally, a letter from Secretary of the Treasury John Snyder forwarding an August 1947 memoranda by U.S. President Harry Truman is also included. It concerns U.S. Ambassador to Chile Claude Bowers' complaint about Wall Street control over the operations of the Bank.

Records of President Eugene R. Black

This series contains the records of Eugene R. Black as U.S. Executive Director at the World Bank, 1947-1949, and President, 1949-1962. They are arranged in five file categories: general correspondence, congratulatory correspondence, honorary degrees, speeches, and travel.

The general correspondence file contains exchanges with U.S. and foreign government officials (especially U.K. officials), private bankers, lawyers, foundation officials and friends, arranged alphabetically by surname of correspondent. Among the notable correspondents are U.S. President Dwight Eisenhower, U.S. Senators J.W. Fulbright and Hubert Humphrey, British Prime Minister Harold McMillan, and U.N. Secretary General Dag Hammerskjold. The alphabetical correspondence file is followed by one file marked personal action covering the period from September through December 1960; it contains letters congratulating Black on the publication of his book, The Diplomacy of Economic Development, and wishing him recovery from surgery.

The congratulatory correspondence concerns Black's appointment as Executive Director and subsequent appointment and reappointments as President of the World Bank.

A single file contains correspondence on honorary degrees awarded to Black.

The speech file contains letters of invitation and appreciation and, in some cases, the texts of the speeches. Speeches given include commencement addresses, lectures to professional associations and private organizations, and addresses to the UN Economic and Social Council.

Thetravel file contains correspondence relating to tours Black took as U.S. Executive Director and as Bank President to familiarize himself with present and future member countries' economic and political situations and to meet national leaders. It includes letters of invitation, itineraries, thank you notes, as well as letters and memoranda on the purposes and results of particular trips. Two files contain the records of Black's 1948 trip to Indonesia (then the Netherlands East Indies) shortly before it obtained independence, including background material on Indonesia's economy and recent political developments, newspaper articles, UN documents, photographs, and letters from government officials, business executives and Black evaluating the situation in Indonesia. Other travel files contain information on the Bank's role in the settlement of the Suez Canal dispute (1958-1959).

Records of President George D. Woods

The records of the Presidency of George D. Woods (January 1963 until April 1968) primarily concern international relations, including both briefings and travel. The correspondence file, while small, has several unusually revealing items, as do the retained copies of outgoing letters and memoranda. The background papers on each country that are found in the annual meeting briefing files provide useful snapshots of the situation of that country at that time.

Correspondence

This series contains a fragment of President George D. Woods' correspondence, both private and official. Notable among the official correspondence is a letter to Hector Prud'homme, University of Hartford, Connecticut, on education projects; an exchange of letters with the President of Pakistan, Marshall Ayub Khan, on the political situation for Pakistan in July 1965; a letter to Antonio Montero, a banker from the Bahamas, on external financing of local currency components of public projects; and a report from World Bank Vice President J. Burke Knapp on his talks with the President of Zambia, Kenneth Kaunda, on the situation in Rhodesia in December 1965.

Chronological [outgoing] files

This series consists of copies of the outgoing letters and memoranda of George D. Woods and correspondence handled for President Woods by his personal assistants George C. Wishart and Rainer B. Steckhan. It includes correspondence sent on substantive issues of development assistance, memoranda to files, internal memoranda of the Bank and social and public relations messages.

Letters to foreign heads of state, government officials, banks, development institutions and academics regarding particular loans and projects, missions, technical assistance, bond issues and other sources of financing, and development policy issues are found in the series. Memoranda to files, usually written by Wishart, make a record of Woods' meetings with high-level government and business executives, focusing on important remarks and outcomes. Occasional Bank-internal memoranda, usually addressed to Vice Presidents and other high-level managers, concern such issues as staffing of the Economic Development Institute (EDI), defining the competencies of the technical operations and regional departments of the Bank with regard to project preparation, and procedures for establishing consultative groups.

The social and public relations letters express appreciation for invitations, hospitality, and for letters, publications and gifts received; express regret regarding invitations; offer congratulations; discuss arrangements for meetings and itineraries for travel; and provide letters of introduction.

Briefing papers

The majority of this series consists President George D. Woods' briefing papers for the annual meetings of the World Bank and International Monetary Fund Boards of Governors. The briefing papers for each annual meeting are organized by geographical region and thereunder by individual countries. The country sections contain background information on each country's economic and political situation (including occasional economic reports), the country's relations with the Bank, and lists of each member country's delegates at the annual meeting and the topics they are likely to raise. In the case of Africa and Latin America, there are also memoranda concerning the caucuses held by the countries in these regions and texts of remarks the President intended to deliver to them.

Also part of the series is a briefing file on the 57th session of the Development Assistance Committee (DAC) of the Organization for Economic Co-operation and Development in July 1965. Two small files contain briefs for visits to Argentina and Brazil.

Travel files

The travel files are for foreign trips exclusively. They include both trips undertaken for specific operational purposes, such as raising funds for IDA and promoting bond issues in Part I countries and encouraging the establishment of development funds, banks and agencies, and trips undertaken for ceremonial activities, such as the groundbreaking ceremony of an Aluminum Smelter in Ghana. Individual trips files may include handwritten notes President Woods took during meetings with heads of state and other dignitaries, speeches, and frequently memoranda to files summarizing the purposes and highlights of important meetings, as well as invitations, acceptance and thank you letters, background or formal briefing papers on the politico-economic situation of the countries visited, itineraries, agendas, programs, flight schedules, information on lodgings and tourist attractions, maps, and newspaper clippings.

Country correspondence

The country correspondence files contain miscellaneous correspondence with persons and businesses from particular countries, mostly for the period after Woods' tenure as Bank President. They include invitations, thank you letters,travel arrangements and some printed brochures. In the Pakistan file is a set of material relating to the groundbreaking ceremony for the Tarbela Dam in November 1968.

Records of President A. W. Clausen

A. W. Clausen became World Bank President in July 1981 and served a full five year term. Shortly after he became President, Clausen established a Managing Committee to provide overall administrative and programmatic control of the Bank's activities. The records of the Clausen presidency are best approached through the official files of this Managing Committee, which provide comprehensive documentation on virtually all issues before the Bank during those years. Both Clausen's personal records of the Committee as well as the Committee's official records are part of this sub-fonds.

Clausen was President during the world debt crisis of the early 1980s, and throughout the files are documents about the issues of debt management and the Bank's programs of sectoral and structural adjustment. Discussions of a multilateral investment insurance program began during the Clausen years, which culminated in the establishment of the Multilateral Investments Guarantee Agency (MIGA) after Clausen left office. Both the Special Assistance Program for countries coping with the global recession and the Special Facility for Africa to provide policy reform assistance in sub-Saharan Africa were launched during Clausen's tenure, and the Clausen years saw a growing emphasis on programs in agricultural and rural development and environmental management, among others. Evidence of Clausen's personal interest in these issues can be found throughout the records, but particularly in the extensive set of alphabetical subject files that show Clausen's involvement with issues and organizations. Clausen's views are also evident in the chronological file of his outgoing correspondence during his entire time in office.

The country files and the itinerary files on official trips are good sources of information on the Bank's relationship with and the economic situation in the member countries. The records include photographs of Clausen's visits to countries and to World Bank projects.

Transition briefing files

This series consists of briefings prepared for A.W. Clausen upon his inauguration as the World Bank's President in July 1981 and Clausen's copy of briefings on Bank operations prepared in 1986 for the Presidential transition from Clausen to Barber Conable. The files provide a broad overview of the Bank's structure and functions, as well as the status of World Bank's projects throughout the world.

The 1981 briefings on the Bank itself describe the origins, purpose, objectives, and current status of the various Bank entities, including the Financial complex, Operations, Development Policy Staff, World Bank Group Staff Association, Secretary's Department, Legal Department, Central Projects Staff, External Relations, Compensation, and the Administration, Organization and Personnel Complex. Also included are briefings on the International Finance Corporation (IFC) and on Bank/Fund collaboration.

Regional briefings summarize the history and current status of development projects throughout the world. They are arranged by region, and then by country, and typically summarize the political background, economic structure, development policy, future prospects, and the Bank's role in development. Included are briefings on Europe; Eastern Africa Region; Western Africa Region; Europe, Middle East and North Africa (EMENA); East Asia and Pacific Region; South Asia Region; and Latin America and Caribbean Region.

The briefing on Operations prepared in 1986 for in-coming President Barber B. Conable provides an overview of the Operations Policy Staff and the Energy and Industry Staff. It also gives the history and status of Bank operations in EMENA, East Asia and Pacific, South Asia, West Africa, Eastern and Southern Africa.

The series includes background material dating back to 1970.

Chronological [outgoing] files

This series consists of copies of President Clausen's outgoing correspondence during his entire Presidency. Correspondents include government heads and officials, heads of the United Nations, international agencies, banks, development banks and other corporations, U.S. government officials, the Governors of the Bank, the Bank's Executive Directors, the Managing Director of the International Monetary Fund, and Bank staff members.

The files document the views of the President on the economic situation, theproblems faced by the Bank and the IDA in securing resources, debt management, Bank-Fund collaboration, the Bank's poverty oriented lending programs, the energy program, and other specific Bank operations. A number of circular letters are included on topics such as subscriptions to the General Capital Increase of the Bank, requests for IDA contributions, the establishment of the Multilateral Investment Guarantee Agency ( MIGA ) and the establishment of a special facility for Sub-Saharan Africa. The correspondence also contains more routine letters, invitations, congratulations and condolences. The thank-you letters include correspondence following official trips and thanks for aid, particularly for contributions to IDA replenishment. Invitations include invitations to Annual Meetings, to special panels, to senior staff retreats and meetings, and to luncheons.

Letters to staff regarding personnel matters, including welcomes to new positions and farewells on retirement, and general administrative matters such as the implementation of the Performance Planning and Review (PPR) Program, are also in the file.

Alphabetical [subject] files

This series contains President A. W. Clausen's subject files. The records consist of correspondence, memoranda, reports and background materials relating to a broad spectrum of organizations, interests and concerns. They contain general correspondence, internal Bank communications, and external correspondence with the European Economic Community; the U.S. Congress and the Departments of Treasury and State, among others; the United Nations and its many specialized agencies; and various international banksand organizations. The UNICEF file includes photographs of Mr. Clausen with the Bay Area Corporate Committee for UNICEF in 1985.

Itinerary files

This series contains records of President Clausen's visits abroad and his appearances and presentations in the United States. The files contain travel itineraries, briefing materials, arrival and departure statements, press conference briefings, remarks, schedules of meetings and appointments, correspondence (letters, memoranda, telexes and facsimiles written to and from government leaders, thank you notes), lists of government officials and biographical data about them, general background information on countries and governments, status reports on projects in execution, maps and newspaper clippings. The file on Niger contains photographs of the ministers. Some files listed under a country are primarily files on a meeting held there, not on the country per se; see, for example, the GATT meeting file under Switzerland. Itineraries and briefings for Mrs. Clausen when she accompanied the President on foreign visits are found in some files. The general files at the beginning of the series contain travel orders and itineraries but no background information.

The series is rich in annotations and comments by Clausen and his advisors. It provides snapshot views of the countries at the time of the visits and also provides particularly useful information on the World Bank's relationship with each country.

Annual Meeting files

This series contains President Clausen's records related to the Annual Meetings of the Board of Governors. The records are a mix of substantive and administrative materials, from lists of delegations and special guests to briefing materials on countries and issues. The files contain the President's opening and closing remarks, speeches and addresses; records relating to the annual Ministers' luncheon, Co-Financing breakfast, and the Latin-American Governors' luncheon; records of press conferences; correspondence and memoranda regarding appointments with country delegations; schedules, letters of invitation and thank you notes.

Development Committee files

This series contains President Clausen's records related to the Development Committee meetings from 1983 through 1986. Formally the Joint Ministerial Committee of the Boards of Governors of the World Bank and the International Monetary Fund on the Transfer of Real Resources to Developing Countries, the Development Committee was established in 1974 with its own secretariat that maintained the official records of the Committee.

The records in this series, therefore, are Clausen's office files on the Development Committee meetings during his tenure (meetings 21-28). The records, organized by meeting, include correspondence, memoranda regarding the meetings, drafts of the President's opening remarks and the President's Report to the Development Committee, summaries of Committee discussions, and statements to the press. The files also contain papers and reports prepared for the Development Committee, including the Development Committee Annual Report, task force and working group reports, and papers on topics such as development in Sub-Saharan Africa, the world economic outlook, and external debt problems of developing countries.

Photographs

This series contains photographic prints and negatives documenting some of President Clausen's trips abroad, taken by governments or businesses where he visited. Most photographs are of the activities of President and Mrs. Clausen, but a few are photographs of World Bank projects. Some photographs are labeled, but the majority have no identification other than country and date. One album contains only photographic postcards. The photographs, mostly in presentation albums, are in color and black and white. Included are photos from the trips to Kenya, Pakistan, India, Indonesia, Japan, Senegal, Ghana, China, Sudan, Morocco, Yemen, Mexico, Malawi, Uganda, Brazil, Colombia, and Mali. The series also includes photos of Clausen with the World Bank Executive Directors and a copy of United States Banker Magazine, December 1980 issue, with Clausen on the cover.

Speeches

This series consists of a chronological collection of President A. W. Clausen's speeches delivered at seminars, meetings, and conferences to a wide variety of audiences. It is closely related to the Speech background file; sometimes there is a file unit in both series on the same event, but neither series appears to have files on all the Clausen speeches.

Managing Committee official files

This series consists of the official files of the Managing Committee. The records include agendas, schedules of meetings, minutes of the meetings, and memoranda and reports on a range of topics reflecting senior management concerns and overall World Bank administration. The records include correspondence with most of the Senior Vice Presidents on issues for committee consideration.

The minutes of the weekly Committee meetings were prepared from manuscript notes, then a draft was circulated (called pre-record minutes), and finally a record copy was issued. The series includes a file of manuscript notes by the Committee's secretary, covering both Managing Committee and Senior Management Council meetings, from February 22 to August 30, 1982. Draft minutes, with comments from the members, exist for the meetings from October 1981 through April 1983.

The Managing Committee had three subcommittees: Finance, Operations Policy, and Personnel and Administration. Issues coming to the Managing Committee were proposed by one of the subcommittees, by the President's office, or by one of the other primary offices in the Bank. Each issue had an accompanying paper, identified by the submitting office, year, and number; for example, an issues paper for the Managing Committee submitted by the Operations Policy Subcommittee in 1983 titled Power Sector Support Strategy was numbered OPS/MC83-06. This series has a full set of issues papers, arranged alphabetically by three-letter symbol for the submitting unit. The committee secretary prepared detailed indexes to the topics discussed in the Managing Committee, and the indexes provide easy access to these submissions.

Fragmentary records of the meetings of two of the three subcommittees make up the final section of this series. All these records are from 1982 and consist of one file of the working papers of the Personnel and Administration Subcommittee and six files from the Operations Policy Subcommittee. Additional information on the work of the subcommittees can be found in the set of submitted documents, because some of the subcommittee minutes were circulated to the entire Managing Committee for information.

These records are an essential source for a researcher who wishes to understand the internal decision-making in the Bank during the Clausen years.

Senior personnel files

This series contains correspondence, memoranda, reports and other material related to personnel issues generally and senior management personnel issues specifically. The files include descriptions of positions, a 1983 attitude survey, a grade and salary structure design, management succession and development plans for senior positions and vice presidents, data on vice presidents and directors (1983 - 1985), and similar materials.

Country files

The Country files series contains the records of President Clausen's meetings with heads of states and organizations, representatives of member countries, government officials, Executive Directors, and Annual Meeting delegates. No files on the United States are included; these records are found primarily in the alphabetical files.

The files contain correspondence, memos, briefings, reports, opening remarks for the meetings, Country Program Papers, Annual Meeting country briefs, memoranda of the meetingswith the country delegates, press interviews, and background material. The records reflect the World Bank's issues with, concerns for, and activities in the country, region, or organization. The files on Algeria and Panama include photographs.

Senior Management Council official files

This series consists of the official files of the Senior Management Council maintained by its secretary. In 1982 the Senior Management Council replaced the President's Council, which had been created in 1965 by George Woods. Occasionally the Senior Management Council and the Managing Committee met jointly, and some records of the joint meetings are included.

The official records contain agendas, minutes, memoranda to the Senior Management Council, reports and studies for review, and some correspondence. Also included are materials concerning the annual dinner gatherings and retreats of the Executive Directors and members of the Senior Management Council, including drafts of the President's remarks at the dinners. A photograph of the Senior Management Council members in 1984 is included.

Congratulations file

This series contains congratulatory letters from heads of state, government officials, and international and domestic private entities to A.W. Clausen on the occasion of his appointment as the President of the World Bank and the outgoing responses from President Clausen. A list of the contact addresses filed at the beginning of the series.

President's committee files

Shortly after assuming the Presidency, A. W. Clausen established a Managing Committee to provide overall control of the Bank's administration. This Committee played a central role in the Clausen years and was the principal vehicle through which the President administered the Bank.

Clausen inherited a President's Council that had been created by George Woods in 1965, a larger body than the Managing Committee. The President's Council, renamed the Senior Management Council in 1982, continued to exist, although it met less frequently than it had in the past. A staff member in the President's office served as the secretary for both the Committee and the Council.

This series consists of Clausen's personal files on the Managing Committee and the Senior Management Council. The records include material on organization and procedures of the Committee, its agendas, minutes of the meetings of both the Committee and the Council, and indexes to topics discussed in the Managing Committee. The minutes of the ManagingCommittee cover only 1981-1982 and 1985 through July 1987 when Clausen's term ended; complete copies of the minutes are found in the official records of the Committee. Many items have Clausen's initials and the agendas have his annotations.

Speech background files

This series consists of a collection of background materials for President Clausen's speeches and other public appearances, such as television, radio, and magazine interviews. The records include correspondence and memoranda, talking points, drafts, reference materials and data, schedules, meeting summary notes, guest lists, thank you notes, and transcripts of press conferences and interviews with TV networks and magazines. The files contain some handwritten notes by Clausen. The series also includes one file from the period before he became President.

The files are arranged according to the name of the organization to whom the speech was given or the name of the organization interviewing the President. It seems likely that this background file originally contained only the invitations, correspondence, and arrangements for appearances, with the actual speeches in the chronological speech file. Over time, however, two things happened: first, the background files grew to contain data and supporting material for the content of the speech and, second, the background files came to contain external relations material not related to a specific speech. The four files on the U. S. Commission on Security and Economic Assistance, for example, principally document the Bank developing a position on the Commission and its recommendations (its report is included in the files), not a speech. Neither the chronological speech files nor the background files appears to include all the Clausen speeches; they need be used together in order to obtain a full picture of his public appearances.

Records of President Robert S. McNamara

Robert S. McNamara became World Bank President on April 1, 1968 and served 2 full five year terms and a partial term, leaving on June 30, 1981. The records are a very full account of his long and active presidency. Every part of the world is reflected in these records, as well as virtually every economic issue of the 1970s. Any student of the Bank during the McNamara years will find reading these records an essential first step for research.

When McNamara came to the World Bank, it was lending about $1 billion per year. When he left in 1981, Bank lending stood at about $12 billion a year. In addition to the dramatic increase in volume of loans, he refocused Bank lending beyond infrastructure and projects to basic human needs and poverty reduction. Using the term absolute poverty, his annual meeting speech in Nairobi in 1973 marked a turning point by identifying promoting rural development and alleviating the conditions of life to the poor as crucial development goals. He identified population growth as a major issue for the Bank to address and the Bank began proving support for family planning programs. The Bank also began providing loans for pollution control.

McNamara proposed the formation of the Consultative Group for International Agricultural Research (CGIAR), which makes major contributions to increasing global food production and reducing hunger. He mobilized Bank resources to launch an international onchocercieasis (river blindness) control program. He initiated two international commissions to examine world development: the Pearson Commission in 1968 and the Brandt Commission in 1977. The Joint Ministerial Committee of the Board of Governors of the World Bank and the International Monetary Fund on the Transfer of Real Resources to Developing Countries, usually known as the Development Committee, was established in 1974 to support international cooperation in development activities and coordination of international efforts in finance development, and to provide advice to the Board of Governors of the Bank and the Fund on all aspects of the transfer of real resources to developing countries. And in 1978 the World Development Report was launched, the Bank's flagship publication on development issues.

Records of all these activities can be found in the records of the McNamara presidency. An unusually large number of records are annotated by McNamara, providing unparalleled insight into the thinking and decision-making processes of the president.

The records also include files form assistants to the President, notably two series from economic adviser Irving S. Friedman that include his correspondence with both President George Woods and President McNamara.

Finance Committee file

The President's Finance Committee was established by President McNamara on 9 August 1979 together with the Personnel Management Committee. Both committees operated as sub-committees of the President's Council. The purpose of the Finance Committee was to deal with such matters as liquidity objectives, profit objectives, the lending rate, financial structure, and IDA transfers. The membership consisted of the President as chair, the Senior Vice President, the Vice President for Finance who served as vice chair, the Vice President for Operations, the Vice President and General Counsel, the Vice President and Secretary, the Vice President and Treasurer, and the Director, Programming and Budgeting.

The series contains the agenda and minutes of the Committee meetings between August 1979 and June 1981. It includes papers regarding the currency pooling system, debt problems of developing countries, co-financing, the cost of IBRD borrowings, criteria for selective capital increase and other papers distributed to the members of the Committee for discussion.

Personnel Management Committee files

The President's Personnel Committee was established by President McNamara on 9 August 1979 together with the Finance Committee. Both Committees operated as sub-committees of the President's Council. The purpose of the Personnel Committee was to deal with such issues as staff compensation and benefits, staff development, recruitment, management and manpower planning, Staff Association relationships and senior level appointments and transfers. The membership consisted of the President as chair, the SeniorVice President, the Vice President for Administration who served as vice chair, the Vice President for Operations, the Vice President for Finance, and one rotating member.

The series contains the minutes of the Committee as well as discussion papers distributed to the members of the Committee.

Records of Economic Advisor Irving Friedman

Irving Friedman maintained these files on the Bank's cooperation with the United Nations Conference on Trade and Development in developing a supplementary financing scheme. The scheme was conceived as a response to the instability of commodity prices that frequently led to unexpected shortfalls of export earnings in developing countries. The aim was to have supplementary financing cover these shortfalls through soft loans to shield the development programs of the developing countries. IBRD/IIDA supplementary financing would offer longer-term assistance, as opposed to the International Monetary Fund's short-term compensatory financing facility.

The records include correspondence with UNCTAD, memoranda, drafts, handwritten notes by Friedman and others, meeting briefs, agendas, speeches, and official documents from UNCTAD, IMF, and IBRD on supplementary financing. The general correspondence is principally between Friedman, other Bank managers, and UNCTAD officials, especially Raul Prebish and Manuel Perez-Guerrero, Secretary Generals of UNCTAD, and Sidney Dell, Director of UNCTAD. The meetings files relate to meetings of UNCTAD, the UNCTAD Committee on Invisibles and Financing related to Trade, the Intergovernmental Group on Supplementary Finance, the Development Advisory Committee, and meetings within the World Bank. Friedman filed into the file on a meeting both documents that pre-dated the meeting and documents from activities subsequent to the meeting, so researchers will need to read through the sub-series on meetings in order to find all the items about one meeting.

In addition, three files on stabilization of prices for primary commodity products, transferred to the World Bank Group Archives separately from those on supplementary financing, are found at the end of the series.

Presidential chronological files of Economic Advisor Irving Friedman

Irving Friedman served as the Economic Adviser to the President from 1964 until he left the Bank in 1970. Reporting directly to the President, he commented on virtually all the significant economic issues that confronted the Bank. The series, which Friedman called his Presidential chron files consists principally of Friedman's correspondence with Bank President Robert McNamara, but it also includes some correspondence with other Bank managers and one file on a memorandum from Friedman to President George Woods.

Friedman's 1964 memorandum to Woods is a commentary on an analysis by John C. Bullitt, U.S. Executive Director, of the impact on other funders of an accelerated development assistance effort by the United States Government. The files from 1968-1970 cover topics including the Grand Assize and the Pearson Commission, which were convened to help formulate a new development strategy; population planning; the second IDA replenishment negotiations; supplementary finance and debt rescheduling, among others. Also included are analyses of economic news; some reports of the Economic Committee, which Friedman chaired; reports from program studies units in the Bank; and status reports and briefs on Bank economic activities. The file on McNamara's interview consists of background information assembled for him and suggested answer to questions, particularly on financing for the Bank, borrower indebtedness and the Bank as a development institution. In addition there is one file on a commodity study and one file of minutes and matters outstanding from meetings of the Economics Group Directors, chaired by Friedman, between September 1969 and August 1970.

Correspondence of Economic Advisor Hollis Chenery

Hollis Chenery served as the Economic Adviser to the President from 1970 until 1972. Reporting directly to the President, he commented on virtually all the significant economic issues that confronted the Bank. The series consists of one file of Chenery's memoranda and correspondence and two files on the Development Research Center of the World Bank.

The correspondence file includes a memorandum by Chenery on research prospects in Latin America in April 1972; a proposal to the Bank on generation of employment in Mexico and a draft study with comments on planning in Mexico; and a draft study on Ethiopia. The correspondence ends in May 1972; an invitation dating from 1973 is also included.

The two files on the Development Research Center primarily drafts of economic studies. The study topics include evaluations of various economic models, Mexican agriculture, and substitution of labor for equipment in road construction.

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