Yearbook of the United Nations 1996

image of Yearbook of the United Nations 1996

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.



International Finance Corporation (IFC)

The International Finance Corporation (IFC), which was established in 1956 as an affiliate of the International Bank for Reconstruction and Development (World Bank), continued in 1996 to promote economic development by encouraging the growth of productive enterprise and efficient capital markets in developing countries. As the largest multilateral source of loan and equity financing for private-sector projects in the developing world, IFC helped to stimulate private investment in developing countries by demonstrating that investments there could be profitable. Through its advisory work, IFC also helped Governments create conditions that would stimulate the flow of both domestic and foreign private savings and investment.


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