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What is NIEO and IBRD

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What is NIEO and IBRD

Posted by Aachal Singh 7 years, 2 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 7 years, 2 months ago

NIEO is the New International Economic Order. NIEO was a set of proposals put forward during the 1970s by the developing countries .
The International Bank for Reconstitution and Development (popularly known as World Bank) was set up as a result of the decision taken in Bretton Woods Conference New Hampshire. The I.B.R.D. or World Bank was set up on December 27, 1945.

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CBSE > Class 10 > Social Science