After World War II, Europe and Japan experienced post-war recovery and growth for approximately 15-20 years; by the early 1960s, the World Bank shifted its strategic focus from these developed regions to emerging economies worldwide, recognizing the untapped growth potential in developing nations.
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World Bank Shifts Focus to Emerging Markets After Europe's Recovery #shortsHinzugefügt:
By the time 15 20 years went away from the end of the war, so you're in the early 60s, it became pretty clear that Europe and Japan were back into a rebuilding and growth phase, and attention began to focus into the rest of the world in the so-called emerging world at that time.
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