1980s — Emphasizing Innovation
We coined the phrase “emerging markets,” worked to increase capital flows, and received our first triple-A credit rating.
IFC coins the phrase emerging markets. Watch video
IFC launches the first publicly traded emerging market country fund, the NYSE-listed Korea Fund.
IFC provides investment-climate reform advice to China at a critical early stage of its private sector growth.
IFC creates its Corporate Finance Services group, providing financial and privatization advice to emerging market companies and governments.
Amid the Latin American debt crisis, IFC helps several Mexican conglomerates reduce their corporate debt.
IFC receives its first triple-A credit rating—key to a major multicurrency borrowing program that by 2016 tops $17 billion a year.
1982: Debt crisis begins in Latin America, leading to a ‘lost decade’