This paper reviews the World Bank's graduation policy. Graduation of borrowers from the World Bank is a firmly established principle and has been a long-standing practice. Graduation is a logical step in the development process, and a clear set of guidelines for graduation from Bank lending is required. Graduation should be a flexible and fair process, sensitive to each country's individual circumstances. The paper highlights that the graduation policy was reaffirmed at a meeting of the Bank's Board of Executive Directors.
| ISBN: | 9781463977795 |
| Publication date: | 1st June 1982 |
| Author: | International Monetary Fund |
| Publisher: | International Monetary Fund |
| Format: | Ebook |