Millennial Development

This timeline shows the history of Millennial Development and how this framework shaped the way the world sees and addresses global poverty. This timeline gives special emphasis on the way the corporate world intersects with the global development.

The events are categorized by color: ;xNLx;;xNLx;GREEN = Institutions ;xNLx;the steps taken by international institutions like the United Nations and the World Bank to combat global poverty;xNLx;;xNLx;PURPLE = Policies;xNLx;the multinational policies that framed the way poverty is thought of and addressed internationally ;xNLx;;xNLx;RED = Criticisms and setbacks;xNLx;- the complications that either hinder global development or push it in another direction;xNLx;;xNLx;Visit povertypitch.wordpress.com to learn more about the intersection of American business and global poverty

1944-01-15 12:08:01

World Bank is born

The World Bank was established during the Bretton Woods summit as an international institution aimed at post-war development in Europe.

1975-09-01 05:30:45

World Bank switches focus to poverty reduction

World Bank President, Robert McNamara, focuses on the problem of urban poverty in his address to the Board of Governors during their annual meeting

1986-09-17 05:30:45

World Bank's Poverty Task Force is Created

Senior staff of the World Bank created a task force that reviewed the Bank's efforts to address poverty and suggested new strategies.

1990-01-15 09:29:16

UN releases first Human Development Report

The United Nations released a development report that was focused on the development of human conditions rather than just economic growth.

1990-01-15 18:34:43

Washington Consensus

A set of US policies were put in place to focus on government deregulation, and a shift to private contributions to economic growth.

1995-01-15 18:34:43

Year of the Sweatshops

Several transnational companies were criticized by activist groups for allowing their laborers work under inhumane conditions and environments.

1996-06-24 09:29:16

World Bank releases report on poverty

World Bank releases a report entitled Poverty Reduction and the World Bank: Progress and Challenges in the 1990s.

1999-09-30 08:12:29

World Bank: fight against poverty is failing

Based on updated poverty data and accounts from the world's poor, the World Bank concluded that stronger efforts had to be made, and strategies redesigned.

2000-09-06 09:57:59

Millennium Summit

World leaders gathered together to discuss the UN Millennium Declaration and establish concrete goals for the nations to address global poverty by 2015

2002-01-15 08:12:29

The UN Millennium Project

This project was established by the United Nations to find concrete means to achieve the 8 Millennium Development Goals

Millennial Development

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