This book was financed in large part by a grant from the Ford Foundation to the Institute of International Studies and Overseas Administration, University of Oregon. Part of the material for this study was obtained by Dr. Adler in the course of interviews with officials of intermediate financial institutions in Latin America while doing research under a graduate fellowship from the University of Oregon. Some of the material was obtained by means of questionnaires sent to a number of industrial development banks throughout the world. Both authors conducted interviews with officials of public external lending agencies in Washington, D. C.
The authors want to thank the many officials of industrial development banks and of external lending agencies who assisted them in the preparation of this book. We are especially grateful to Dr. William Diamond of the International Finance Corporation, Drs. Pedro Irañeta and John S. DeBeers of the Inter-American Development Bank, Mr. George A. Wyeth, Jr., of the Agency for International Development, Mr. Glenn E. McLaughlin of the Export-Import Bank of Washington, and Professor J. D. Nyhart of the Massachusetts Institute of Technology for their generous assistance. However, the authors take full responsibility for all errors of facts and judgment. Finally, the authors express their gratitude to the Bureau of Business and Economic Research for making possible the publication of this study.
ROBERT W. ADLER
RAYMOND F. MIKESELL
Eugene November 1965