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Yearbook of the United Nations 1999

image of Yearbook of the United Nations 1999

The Yearbook of the United Nations, comprehensive and reliable, is the primary reference work on the United Nations. This fifty-third volume of the Yearbook details the many activities of the Organization and its organs, programmes and bodies in 1999. It provides an overview of the major challenges the Organization has addressed in a variety of areas, including peacekeeping and peacemaking; disarmament; human rights; refugees and displaced persons; international crime and corruption; natural resources and energy. This 1,500 pages volume is fully indexed and reproduces all major General Assembly, Security Council and Economic and Social Council resolutions issued during the year. It will be a valuable resource for diplomats, government officials, scholars, journalists and others with a serious interest in international and United Nations affairs.

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International Finance Corporation (IFC)

The International Finance Corporation (IFC), part of the World Bank Group, continued in 1999 to promote growth in developing countries by financing private sector investments and providing technical assistance and advice to Governments and businesses. In fiscal 1999 (1 July 1998-30 June 1999), IFC faced formidable challenges as recovery began from the global financial crises in many of its developing member countries. Despite those challenges, IFC delivered increases in net income, investment commitments and new project approvals. It also sought out new investment, especially in reformed and high-development-impact sectors, such as financial and physical infrastructure; preserved the viability of companies in its existing portfolio through restructuring and recapitalization support; developed trade finance products that matched the needs of struggling companies; and strengthened its operational focus on those developing countries and sectors that had attracted comparatively less foreign investment flows.

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