The provision of long-term international credit affects every aspect of international economic relations.
Unless an adequate supply of capital for international investment is available, it will be difficult to
maintain the balanced growth of international trade. International investment facilitates the maintenance
of equilibrium in the balance of payments and thus helps to stabilize exchange rates. Furthermore,
worldwide fluctuations in business conditions are to a considerable extent the result of large fluctuations
in international investment. An international problem, so broad in scope and with such wide
ramifications, can best be handled through an international agency such as the proposed Bank.