Creation of an international foundation for the 

 support of research on industrialization and economic 

 development . This would not require the creation of a 

 physical center for research into industrialization, 

 but rather an independent, private foundation that 

 would make resources available through grants and 

 contracts to existing research institutions. Such a 

 foundation would be run much like the well-known 

 private foundations except that both the funding and 

 staffing of the administrative apparatus, from the 

 board of directors down, would be multinational. 

 Ideally, a wide range of multilateral private and 

 governmental sources would support such a foundation, 

 with steps taken to assure that no one nationality or 

 group of nationalities would dominate the internal 

 administration. 



Creation of a new international center for 

 industrial development research . Such a center might 

 be a private, autonomous organization incorporated with 

 international status and governed by a multinational 

 board of directors composed of knowledgeable and 

 distinguished persons whose credentials would imply 

 scholarly and objective standards. Its status and 

 management would be designed so as to shield the 

 activities of the center from the political process. 

 Funding should be arranged with these objectives in 

 mind. 



This center would serve as a focal point for 

 inquiry into the industrialization process. It is 

 envisaged as a place where both experienced scholars 

 and experts, including those from developing nations on 

 leave from their regular posts , as well as young 

 persons just entering the field, could work. The 

 internal research activities of such a center should 

 complement existing research programs rather than 

 displace or duplicate them. One important task would 

 be publication of journals featuring both in-house and 

 outside research. 



Creation of a research center (or expansion of 

 existing research capabilities) within an existing 

 international institution, such as the World Bank . 

 This alternative would be virtually identical to that 

 previously described, except that this research center, 

 rather than being an independent institution, would be 

 part of an existing international organization. One 

 advantage of establishing such a center in the World 

 Bank is that its staff already includes individuals who 

 could form the core personnel; some of the staff have 

 established international reputations for research of 

 the highest quality. A center within the World Bank 

 would have no need for an endowment since the World 

 Bank is funded on an established basis. A potential 

 disadvantage of such an arrangement, however, would be 



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