Address before the Overseas Press Club of America, New York City, March 16, 1948

[摘要] John J. McCloy, President of the International Bank for Reconstruction and Development, discussed the appropriate function of the Bank. It cannot be the overall financer of global balance of payment deficits. It can finance economically strategic and productive projects. It can be the bridge between government and private financing, and thereby complement the Marshall Plan. He discussed administration of the Marshall Plan and national self-interest. The opportunity afforded by recovery of Europe and its closer integration remains the first and most promising objective to achieve.

[发布日期] 1948-03-16 [发布机构] World Bank, Washington, DC

[学科分类] 社会科学、人文和艺术（综合）

[关键词] BALANCE OF PAYMENT DEFICITS;WORLD FINANCE;ECONOMIC RECOVERY;DOLLAR SHORTAGE;PROJECT FINANCE