European Bank for Reconstruction and Development (EBRD) The European Bank for Reconstruction and Development was established in 1991. Aims and Objectives of the European Bank for Reconstruction and Development (EBRD) To provide technical assistance and training to economies once geared toward communist planning. To establish a framework for a Western style...

Imperialism - Process that took place between 1875 and 1914 and was characterized by the great development of industrial capitalism and the colonial expansion of the great powers of Europe over Africa, Asia and the Pacific islands.