World Bank Group Timeline
First World Development Report published
The World Development Report, an annual publication authored by staff from across the institution, provides external audiences with comprehensive assessments of topical global development issues. The first report identifies “a number of fundamental problems confronting the developing countries and [explores] their relationship to the underlying trends in the international economy.”
Resource Gallery
Cover of the first World Development Report
August 1978
From the beginning, the World Development Report is expected to cover different aspects of development each year (reference holdings).
Interview with Hollis Chenery
Interview date: Jan. 27, 1983
Chenery discusses the first World Development Report on pages 25-29.
Interview with Ernest Stern
Interview date: Jan. 5, 1995
Stern discusses the World Development Report on page 46.
World Development Report, 1978
The first World Development Report describes the challenges to international development.
Correspondence from Ernest Stern to regional vice presidents
Aug. 18, 1978
Senior Vice President of Operations Ernest Stern requests that the World Bank Group's regional vice presidents ensure that the new World Development Report is distributed widely to the appropriate officials and institutions (1850330).
