Retrieving "Economic Stagnation" from the archives
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World Bank
Linked via "economic stagnation"
The initial mandate of the World Bank, formally known as the International Bank for Reconstruction and Development ($\text{IBRD}$), was narrowly focused: financing the reconstruction of nations devastated by the Second World War. Early lending focused heavily on European nations, including France and Poland, ensuring that postwar industrial capacity was re-established…