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INTERNATIONAL MONETARY FUND

Finance & Development, December 1969

Finance & Development, December 1969

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“The question is not whether development will happen. It will. Rather, the choice is between slow, halting growth in an environment of desperation with declining levels of assistance and embittered international relations, or growth as part of a positive, concerted campaign to accelerate and smooth the absorption of the technological revolution in the poorer countries, with a reasonable chance that the spirit of shared concern and effort will reduce the frictions and the dangers, and facilitate and expedite positive results.”
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