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Abstract

In the normal course of events, CDC could look forward to five years without fundamental policy review before the next quinquennial was due in 1991. CDC had a clear brief to increase its engagement with the private sector overseas; India and Pakistan had been brought into the approved country list; offshore commercial borrowing had been authorised in the 1986 Act. Eccles was now firmly in position, having been through the most comprehensive departmental review to date, and also by now having the measure of management skills within the corporation. CDC was more than ready to move into a new era.

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© 2001 Michael McWilliam

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McWilliam, M. (2001). A New Era. In: The Development Business. Palgrave Macmillan, London. https://doi.org/10.1057/9780230504271_16

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