The turn of the century was marked by some significant and promising events for world development. The Millennium …

development crisis. The financial crisis originated in the developed world, but it has spread quickly and inexorably to the … developing world, sparing no country. Increasingly it appears that this will not be a short-lived crisis. The poor countries are … survival. At high- level meetings held in 2008 to mark the MDG halfway point, world leaders expressed grave concern that the …

, prepared jointly by the staff of the World Bank and the International Monetary Fund, provides a development perspective on the …