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Over time, it focused on providing loans to developing world countries. [8] In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. [8] For the last 30 years, it has included NGOs and environmental groups in its loan portfolio.
This is a list of sovereign states in the 1970s, giving an overview of states around the world during the period between 1 January 1970 and 31 December 1979. It contains 191 entries, arranged alphabetically, with information on the status and recognition of their sovereignty .
This list of countries by largest GDP shows how the membership and rankings of the world's ten largest economies as measured by their gross domestic product has changed. . While the United States has consistently had the world's largest economy for some time, in the last fifty years the world has seen both rises and falls in relative terms of the economies of other count
7 UN estimates between 1970 and ... This is an alphabetical list of countries by past and projected gross ... (WEO) Database (October 2024 edition), [1] World Bank, ...
The 1960s saw the first attempts at enlargement. In 1961, Denmark, Ireland, the United Kingdom and Norway (in 1962), applied to join the three Communities. However, President Charles de Gaulle saw British membership as a Trojan Horse for U.S. influence and vetoed membership, [11] and the applications of all four countries were suspended. [12]
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
Panic of 1857, a U.S. recession with bank failures; Panic of 1866, Europe; Panic of 1873, a U.S. recession with bank failures, followed by a 4-year depression; Panic of 1884, United States and Europe; Panic of 1890, mainly affecting the United Kingdom and Argentina; Panic of 1893, a U.S. recession with bank failures; Australian banking crisis ...
Following the reconstruction of Europe, the Bank's mandate has transitioned to eradicating poverty around the world. In 1960, the International Development Association (IDA) was established to serve as the Bank's concessional lending arm and provide low and no-cost finance and grants to the poorest of the developing countries as measured by ...