Portugal became a member of the International Bank for Reconstruction and Development — the World Bank — in March 1961. Today, Portugal is a member of the five institutions that form the World Bank Group. Portugal and the World Bank work with other member governments to finance projects, design policies, and deliver programs to end extreme poverty and boost shared prosperity.
The World Bank’s World Development Report, published annually since 1978, is an invaluable guide to the economic, social, and environmental state of the world today. Each report provides in-depth analysis and policy recommendations on a specific and important aspect of development.