5 September 2023 - 23:56

Nearly 200 countries signed on, and they worked to create a series of 21 targets with 60 indicators, with an ambitious goal of reaching them by 2015. The MDGs, as they became known, sought to provide a practical and specific plan for eradicating extreme poverty around the world. It was also the time of the Millennium Development Goals (MDGs), a series of ambitious goals set by UN member nations. In the spirit of a grand-scale New Year’s resolution, it was a time for lofty aspirations and dreams of changing the world.

In 2000, the world entered a new millennium.


Explain the World Bank’s classification of economies.Use terminology from Wallerstein’s world systems approach.Understand how different classification systems have developed.
