Abstract
The economic development of a country largely depends on its financial resources. In other words, a major factor for the development process is the accumulation of the necessary capital. In the advanced countries economic growth is maintained without any notable difficulty by national saving and investing, whereas the inhabitants of underdeveloped countries are too poor to have any savings to invest.
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References
Röling, B. V. A., International Law in an Expanded World, Djambatan, Amsterdam, 1960, pp. 83–84.
See Basch, A., “International Bank for Reconstruction and Development (1944-1949), a Review,” International Conciliation, No. 455, p. 791; also Alexandrowicz, G. H., International Economic Organizations, Stevens & Sons, London, 1952, p. 139.
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© 1966 Springer Science+Business Media Dordrecht
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Kirdar, Ü. (1966). The Establishment of the International Bank for Reconstruction and Development. In: The Structure of United Nations Economic-Aid to Underdeveloped Countries. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-7537-9_7
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DOI: https://doi.org/10.1007/978-94-015-7537-9_7
Publisher Name: Springer, Dordrecht
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