POLS 1301 Chapter Notes - Chapter 8: Asian Development Bank, African Development Bank, New Development Bank

• School: Temple University
• Department: Political Science
• Course: POLS 1301
• Professor: John Masker

Document Summary

Great depression - the global economic collapse that ensued following the u. s. wall street. Economic shock waves rippled around a world already densely interconnected by webs stock market crash in october 1929 of trade and foreign direct investment. The emergence of a global trade and monetary system. Bretton woods system - a system of economic and financial accords that created the imf, the. World bank, and gatt/wto following world war ii. It is named after the hamlet in northern new hampshire where leaders from forty-four countries met in 1944. World bank group (wbg) - a collection of five agencies, the first established in 1945, with. The wbg promotes development in medium- and low-income countries with project head offices in washington d. c. loans, structural-adjustment programs, and various advisory. World trade organization (wto) - a permanent institution established in 1995 to replace the provisional gatt.