Date
Timeline Description

Poland withdrew its membership to the Bank after relations between the two deteriorated.

Detail Description

In the summer of 1947, a Bank mission visited Poland to gather facts on a proposed coal loan. The loan never came to fruition, however, as relations between the World Bank and Poland deteriorated, resulting in Poland's withdrawl from the Bank in 1950. A letter sent from the Ambassador to Poland, the Honorable J. Winiewicz, on March 13, 1950 states that the "Bank had violated its statutory requirements in that it had not contributed to the reconstruction of nations ravaged by war but had instead adapted its policy entirely to the needs and directions of the United States Government to the detriment of the other countries." The letter goes on to accuse the Bank of not granting Poland a loan because Poland did not participate in the Marshall Plan. President Black will respond three days later, on March 16, 1950, saying that the "statements in your letter in explanation of the action of the Polish Government cannot be accepted. The Bank's Annual Reports and other statements to its members and the public demonstrate that the Bank's operations have been conducted in accordance with the provisions of the Articles of Agreement." Poland will eventually rejoin the Bank on June 27, 1986.

Image Timeline
Correspondence from Ambassador Winiewicz to President Black (1054052).
Image Timeline Caption

Correspondence from Ambassador Winiewicz to President Black (1054052).

Resource
Title
Correspondence from President Black to Polish Ambassador Winiewicz
Image
Correspondence from President Black to Polish Ambassador Winiewicz
Description
March 16, 1950
President Black acknowledges Poland's decision to withdraw from the World Bank and defends the Bank's operations (1054052).
Event
74
Title
Correspondence from Ambassador Winiewicz to President Black
Image
Correspondence from Ambassador Winiewicz to President Black
Description
March 13, 1950
The Ambassador states that Poland will be withdrawing from the World Bank and offers the justification for this decision (1054052).
Event
74
Title
Draft memorandum to the Financial Policy Committee
Image
Draft memorandum to the Financial Policy Committee
Description

June 5, 1950
The memo discusses certain financial questions arising from Poland's withdrawal (1734476).

Event
74
Title
Facts Relating to Poland
Image
Facts Relating to Poland
Description
March 16, 1950
The brief includes notes related to Poland's membership in the Bank, specifically discussing its membership, representation, subscription, and loan discussions (1868975).
Event
74
Title
Transcript of 121st Meeting of the IBRD Executive Directors
Image
Transcript of 121st Meeting of the IBRD Executive Directors
Description
Document date: Feb. 11, 1948
The transcript contains Board discussion on the implications of the Marshall Plan on lending to Poland.
Event
74
Title
Poland Rejoins the IBRD, Bringing It to 150 Member Countries
Image
Poland Rejoins the IBRD, Bringing It to 150 Member Countries
Description
Originally published: May 2011
The exhibit provides details about Poland's early and short membership in the Bank, its withdrawal from the institution, and its return in 1981.
Event
74
Learn More
On
Timeline
Search text