"The Brandt commission emphasizes the need for bringing East and West together to meet the global development problems that affect all. For example, it is said to propose, at least for consideration, a new "world development fund" with universal membership and universal taxes. Unlike the World Bank and International Monetary Fund, this fund... would provide loans for general rather than specially targeted use, and would give borrowers and lenders greater equality in reaching decisions."
Brandt Report

January 1, 1970

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Original Language: English