Which economic institution played a major role in shaping post-Cold War development policies?
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Correct answer: World Bank
The World Bank influenced development and economic reforms worldwide. It supported restructuring in post-socialist economies.
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More Post-Cold War World questions
- What effect did the end of the Cold War have on military spending in many countries?
- Which concept describes the idea that liberal democracy would spread globally after the Cold War?
- What is a defining characteristic of the post-Cold War world order?
- Which event is most commonly used to mark the beginning of the post-Cold War world?
- What major political change occurred in the Soviet Union in 1991?
- Which country emerged as the sole global superpower after the Cold War?