The Basis of a Development Program for Colombia

The Basis of a Development Program for Colombia

The Basis of a Development Program for Colombia

The Basis of a Development Program for Colombia

Excerpt

This Report is the outcome of nearly a year's work by an economic Mission, organized by the International Bank for Reconstruction and Development, which was assigned the task of working up the framework for a comprehensive, integrated development program for Colombia.

The Mission grew out of conversations late in 1948 between Mr. John McCloy, then President of the Bank, and Dr. Emilio Toro, a member of the Board of Executive Directors of the Bank. For many reasons, it appeared that Colombia, Dr. Toro's native country, was an admirable place to apply such a comprehensive approach. The idea received an enthusiastic reception from President Mariano Ospina Pérez, and the Bank was invited by Colombia to send the proposed mission. In May 1949, Dr. Lauchlin Currie was invited to act as Chief of the Mission and to assist in its organization.

The Mission's terms of reference were very simple and yet very broad. They were, in essence, to formulate a development program designed to raise the standard of living of the Colombian people. To fulfill this assignment the services of experts in many diverse fields were required. The Mission included staff members of the Bank and the International Monetary Fund, private consultants, and experts nominated by the Food and Agriculture Organization and the Pan American Sanitary Bureau. The first members of the Mission, ac- companied by Mr. Robert L. Garner, the Vice President of the Inter- national Bank, arrived in Bogotá on July 11, 1949, and the last de- parted November 5, 1949. Expenses of the Mission were borne partly by the International Bank and partly by Colombia.

The Banco de la República acted as co-sponsor of the Mission in Colombia, and organized a staff of specialists to advise and assist the Mission in its work there. It assumes no responsibility, however, for our findings or recommendations. Final responsibility for both the overall program and the specific recommendations rests on the Chief of Mission, although, of course, all members of the Mission made major contributions in their special fields and assisted in related fields.

As this was the first Mission of its kind sent out by the Inter- national Bank, there was little precedent to draw on. We have inter- preted our terms of reference as calling for a comprehensive and in- ternally consistent program--so far as is possible with the time, personnel and data available--rather than merely a series of discon- nected recommendations. This has added to the difficulty and magni-

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.