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History of economic theory
Created by
Caitlin
⟶ Updated 12 Jan 2019 ⟶
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Events
Robert McNamara becomes World Bank President
IMF changes SAP to PRSI
UNICEF published "Adjustment with a Human Face"
1990-1991 World Development Report: "Poverty" published
Barber Conable becomes 7th World Bank President
The Social Protection and Labor Unit of WB established
2000-2001 World Development Report: "Attacking Poverty" published
World Bank Established
Organisation for Economic Co-operation and Development (OECD) founded
2015 Millenium Development Goals established
Department for International Development (DFID) Founded
International Monetray Fund (IMF) Established
2030 Sustainable Development Goals established
World Summit on Sustainable Development / 2nd Earth Summit held in Jo'Burg
United Nations Conference on Environment and Development or Earth Summit held in Rio
Kyoto Protocol adopted
Paris Accord adopted
Bretton Woods Conference
The Brundtland Report / Our Common Future was published
Stockholm Declaration published
United Nations Conference on the Human Environment or Stockholm Conference
Neoclassical economics coined
Periods
Adam Smith | Scottish | Oxford University Founder of modern classical economics ("invisible hand")
Karl Marx | German | Humboldt University of Berlin Socialist who spoke about the explotation of labor
Industrial Revolution
Neoclassical economists shift World Bank focus to growth
Structural Adjustment Era
The "lost decade" in sub-Saharan Africa
World War 1
The Great Depression
World War 2
Milton Friedman | American | University of Chicago