International Development (Brandt Report)

Part of the debate – in the House of Commons at 11:38 am on 12th December 1980.

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Photo of Hon. Douglas Hurd Hon. Douglas Hurd , Oxon Mid 11:38 am, 12th December 1980

I have been following the hon. Gentleman's remarks carefully. He is painting a portrait, as many others do, of a world economic situation that is inadequate and static. However, does he not accept that the institutions that he is mainly referring to—the IMF and the World Bank—are changing very fast and have changed a great deal, even since the memorandum that we tabled in July 1980? The pace of change within those institutions is in the direction that I imagine that the hon. Gentleman and the authors of the Brandt report would favour and is a phenomenon that deserves much more notice than it has received.