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"The history and problems in the making of education policy at the World Bank, 1960–2000." International Journal of Educational Development 23 (2003) 315–337; Hurni, Bettina S. The Lending Policy Of The World Bank In The 1970s (1980) Mason, Edward S., and Robert E. Asher. The world bank since Bretton Woods (Brookings Institution Press, 2010).
Website. worldbank.org. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
Ajay Banga. since June 2, 2023. Term length. Five years, renewable. Website. president.worldbankgroup.org. The president of the World Bank Group is the head of World Bank Group. The president is responsible for chairing the meetings of the boards of directors and for overall management of the World Bank Group.
Mexico Crude oil prices from 1861 to 2011. The Latin American debt crisis (Spanish: Crisis de la deuda latinoamericana; Portuguese: Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as La Década Perdida (The Lost Decade), when Latin American countries reached a point where their foreign debt ...
Woods was first called to the World Bank by Eugene Black, the World Bank's president from 1949 to 1962, who was an old associate and friend from Harris, Forbes. [1] While at the World Bank, Black had asked him to help out on special assignments for the bank. [1] Woods had thereby become familiar with the workings of the World Bank. [1]
The price of gold, as denominated in US dollars, was stable until the collapse of the Bretton Woods system in the mid-1970s. The Bretton Woods system of monetary management established the rules for commercial relations among the United States, Canada, Western European countries, and Australia and other countries, a total of 44 countries [1] after the 1944 Bretton Woods Agreement.
Robert Strange McNamara (/ ˈmæknəmærə /; June 9, 1916 – July 6, 2009) was an American businessman and government official who served as the eighth United States secretary of defense from 1961 to 1968 under presidents John F. Kennedy and Lyndon B. Johnson at the height of the Cold War. He remains the longest-serving secretary of defense ...
Japan joined the World Bank Group in August 1952. [ 1] Loans that were taken out by Japan focused on improving infrastructure, having electrical power generation, improving water, establishing basic industry development and improving transportation. [ 1] Japan now is the second-largest creditor to the World Bank, [ 1] and in 1970 established an ...