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165-607: The World Bank defines free trade zones as "small, fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment , and re-export operations". Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services. Free-trade zones are referred to as "foreign-trade zones" in

330-608: A theocracy . According to George Ostrogorsky , "the absolute power of the Roman emperor was further increased with the advent of Christian ideas". This became more evident after the Muslim conquests of the 7th century, which gave Byzantine imperialism a new sense of purpose. The emperor was the subject of a series of rites and ceremonies, including a formal coronation performed by the Patriarch of Constantinople . The Byzantine state

495-519: A 50-year period that almost saw the end of the Roman Empire. The last vestiges of Republicanism were lost in the ensuing anarchy. In 238, the Senate attempted to regain power by proclaiming Pupienus and Balbinus as their own emperors (the first time since Nerva ). They managed to usurp power from Maximinus Thrax , but they were killed within two months. With the rise of the "soldier emperors",

660-545: A Country Assistance Strategy is produced in cooperation with the local government and any interested stakeholders and may rely on analytical work performed by the bank or other parties. The World Bank's negative pledge clause prohibits its debtor countries from using public assets to repay other creditors before they repay the World Bank. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries . It

825-404: A World Bank loan was France in 1947. The bank's president at the time, John McCloy , chose France over two other applicants, Poland and Chile. The loan was for US$ 250 million, half the amount requested, and came with strict conditions. France had to agree to produce a balanced budget and give priority of debt repayment to the World Bank over other governments. World Bank staff closely monitored

990-562: A borrower country to repay the loan. In 1960, the International Development Association was formed (as opposed to a UN fund named SUNFED), providing soft loans to developing countries . Before 1974, the reconstruction and development loans the World Bank made were relatively small. Its staff was aware of the need to instill confidence in the bank. Fiscal conservatism ruled, and loan applications had to meet strict criteria. The first country to receive

1155-546: A court title bestowed to prominent figures of the government, and lost even more relevance after the creation of the title sebastokrator by Alexios I Komnenos . Despite this, its regular use by earlier emperors led to the name becoming synonym with "emperor" in certain regions. Several countries use Caesar as the origin of their word for "emperor", like Kaiser in Germany and Tsar in Bulgaria and Russia . After

1320-544: A family name ( nomen ), styling himself as Imp. Caesar instead of Imp. Julius Caesar . However, the nomen was still inherited by women (such as Julia the Younger ) and appear in some inscriptions. After the death of Caligula , Augustus' great-grandson, his uncle Claudius was proclaimed emperor. He was not an official member of the Julia gens , but he was the grandson of Octavia , Augustus' sister, and thus still part of

1485-693: A few exceptions where a free zone may cross a national border, such as the Syrian/Jordanian Free Trade Zone. Free trade areas are set up between countries; for example, the Latin America Free Trade Association (LAFTA) was created in the 1960 Treaty of Montevideo by Argentina , Brazil , Chile , Mexico , Paraguay , Peru , and Uruguay ; and the North American Free Trade Agreement was established between Mexico,

1650-473: A new caesar . Each pair ruled over a half of the Empire, which led to the creation of a Western and Eastern Roman Empire , a division that eventually became permanent. This division had already a precedent in the joint rule of Valerian / Gallienus and Carus / Carinus . Diocletian justified his rule not by military power, but by claiming divine right . He imitated Oriental divine kingship and encouraged

1815-600: A new president was appointed: Ajay Banga . His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action . He is also expected to help low-income countries deal with debts. He is the first Indian American to lead the bank. The vice presidents of the bank are its principal managers, in charge of regions, sectors, networks and functions. There are two executive vice presidents, three senior vice presidents, and 24 vice presidents. The boards of directors consist of

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1980-632: A particular focus on low- and middle-income countries . Roman Emperor The Roman emperor was the ruler and monarchical head of state of the Roman Empire , starting with the granting of the title augustus to Octavian in 27 BC. The term emperor is a modern convention, and did not exist as such during the Empire. When a given Roman is described as becoming emperor in English, it generally reflects his accession as augustus , and later as basileus . Another title used

2145-541: A regime in which the notion of legitimacy is as absent as that of the Augustan principate". Imperial propaganda was often used to legitimize or de-legitimize certain emperors. The Chronicon Paschale , for example, describes Licinius as having been killed like "those who had briefly been usurpers before him". In reality, Licinius was the legitimate emperor of the West (having been appointed by Galerius ), while Constantine

2310-621: A result, reducing inequality, in this definition, had become an integral part of the World Bank’s objectives and effectively “broadened its mandate”. The World Bank has been criticized for not embracing the reduction of inequality (be it economic inequality within a country, or international inequality between countries) as a goal. Instead, the bank has taken an instrumental approach to the issue, in which inequality policies were seen as useful as long as they contributed to reducing (extreme) poverty or promoting average economic growth. As part of

2475-458: A special economic zone. Aberdeen Group research published in 2013 noted that best-in-class companies make strategic use of free-trade zones as a means of reducing inbound trade costs, shortening import timescales, and optimising the balance of their corporate sourcing and operational activities. Sometimes the domestic government pays part of the initial cost of factory setup, loosens environmental protections and rules regarding negligence and

2640-483: A tacit understanding between the United States and Europe, the president of the World Bank has been selected from candidates nominated by the United States, the largest shareholder in the bank. This is significant because the World Bank tends to lend more readily to countries that are friendly with the United States, not because of direct U.S. influence but because of the employees of the World Bank. In 2012, for

2805-487: Is a specific type of FTZ usually set up in developing countries by their governments to promote industrial and commercial exports. According to the World Bank, "an export processing zone is an industrial estate, usually a fenced-in area of 10 to 300 hectares, that specializes in manufacturing for export. It offers firms free trade conditions and a liberal regulatory environment. Its objectives are to attract foreign investors, collaborators, and buyers who can facilitate entry into

2970-552: Is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purposes of economic development . The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group . It

3135-583: Is based on economic size in addition to the International Development Association contributions. The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC),

3300-531: Is engaged in several global partnerships and initiatives, and takes a role in working toward addressing climate change . The World Bank hosts an Open Knowledge Repository for its publications. In 2020, the World Bank’s total commitments amounted to USD 77.1 billion, it had 12,300 full-time staff, and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of

3465-561: Is known as the Dominate , derived from the title dominus ("lord") adopted by Diocletian . During his rule, the emperor became an absolute ruler and the regime became even more monarchical. The emperors adopted the diadem crown as their supreme symbol of power, abandoning the subtleties of the early Empire. Beginning in the late 2nd century, the Empire began to suffer a series of political and economic crises, partially because it had overexpanded so much. The Pax Romana ("Roman peace")

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3630-769: Is listed in the Registry of Research Data Repositories re3data.org. The World Bank also endorses the Principles for Digital Development . Together with the World Health Organization , the World Bank administers the International Health Partnership (IHP+). IHP+ is a group of partners committed to improving the health of citizens in developing countries. Partners work together to put international principles for aid effectiveness and development cooperation into practice in

3795-598: Is never used. The imperial titles are treated as inseparable of the person, which is reflected in the name Imperator Caesar Vespasianus Augustus . This Lex sometimes related to the Lex regia ("royal law") mentioned in the Corpus Juris Civilis of Eastern emperor Justinian I (r. 527–565), who cites the early 3rd-century writer Ulpian . This was probably a later construct, as its very name, which derives from rex ("king"), would have been utterly rejected in

3960-633: Is often said to have ended with the tyrannical reign of Commodus. His murder was followed by the accession of Septimius Severus , the victor of the Year of the Five Emperors . It was during his reign that the role of the army grew even more, and the emperors' power increasingly depended on it. The murder of his last relative, Severus Alexander , led to the Crisis of the Third Century (235–285),

4125-520: Is often said to have followed a " Caesaropapist " model, where the emperor played the role of ruler and head of the Church, but there was often a clear distinction between political and secular power. The line of Eastern emperors continued uninterrupted until the sack of Constantinople and the establishment of the Latin Empire in 1204. This led to the creation of three lines of emperors in exile:

4290-466: Is primarily voluntary. Based on an agreement between the United Nations and the World Bank in 1981, Development Business became the official source for World Bank Procurement Notices, Contract Awards, and Project Approvals. In 1998, the agreement was renegotiated, and included in this agreement was a joint venture to create an online version of the publication. Today, Development Business

4455-519: Is still often regarded as a usurper, similarly to Magnus Maximus , who was briefly recognized by Theodosius I . Western emperors such as Magnentius , Eugenius and Magnus Maximus are sometimes called usurpers, but Romulus Augustulus is traditionally regarded as the last Western emperor, despite never receiving the recognition of the Eastern emperor Zeno . The period after the Principate

4620-424: Is that the zones will attract investment, create employment, and thus reduce poverty and unemployment, stimulating the area's economy. These zones are often used by multinational corporations to set up factories to produce goods (such as clothing, shoes, and electronics). Free-trade zones should be distinguished from free trade areas . A free trade zone is normally established in a single country, although there are

4785-669: Is the largest and best-known development bank in the world and an observer at the United Nations Development Group . The bank is headquartered in Washington, D.C. , in the United States . It provided around $ 98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for

4950-489: Is the primary publication for all major multilateral development banks, U.N. agencies, and several national governments, many of which have made the publication of their tenders and contracts in Development Business a mandatory requirement. The World Bank collects and processes large amounts of data and generates them on the basis of economic models. These data and models have gradually been made available to

5115-426: The 2030 Agenda , Sustainable Development Goal 10 aims at reducing inequalities within countries and among countries. World Bank officials participated in the negotiations for SDG 10 in the years prior to 2015. They advocated for the adoption of the bank's own preferred benchmarks. This ensured that other organizations would evaluate their success based on the bank’s own definition of inequality. Some have argued that

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5280-399: The pomerium ; and use discretionary power whenever necessary. The text further states that he is "not bound by laws", and that any previous act was retroactively considered legitimate. There is no mention of imperium nor tribunicia potestas , although these powers were probably given in the earlier clauses. There is also no mention of any "imperial office", and the title of "emperor"

5445-635: The Constantinian dynasty , emperors followed Imperator Caesar with Flavius , which also began as a family name but was later incorporated into the emperor's titles, thus becoming Imperator Caesar Flavius . The last use of the formula, rendered as Autokrator Kaisar Flabios... Augoustos (Αὐτοκράτωρ καῖσαρ Φλάβιος αὐγουστος) in Greek, is in the Basilika of Leo VI the Wise (r. 886–912). Originally

5610-636: The International Development Association (IDA), and the Multilateral Investment Guarantee Agency (MIGA). Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital (one vote for each share of capital stock held by the member). The World Bank plays a significant role in global economic governance due to its broad mandate, its vast resource base, its frequent and regular interactions with governments as clients, and its myriad publications and databases. In 2020,

5775-528: The Papal States . Pepin's son, Charlemagne , was crowned Imperator Romanorum (the first time Imperator was used as an actual regnal title) by Pope Leo III in Christmas AD 800, thus ending the recognition of the Eastern emperor. Western rulers also began referring to the Empire as the "Greek Empire", regarding themselves as the true successors of Rome. The inhabitants of the Eastern half of

5940-772: The Roman Emperor . These continued through at least the first millennium CE. In the 12th century, the Hanseatic League began operating in Northern Europe and established trading colonies throughout Europe. These Free Trade Zones included Hamburg and the Steelyard in London. The Steelyard, like other Hansa stations, was a separate walled community with its own warehouses, weighing house, chapel, counting houses , and residential quarters. In 1988, remains of

6105-477: The Roman Republic and was given to victorious commanders by their soldiers. They held imperium , that is, military authority. The Senate could then award the extraordinary honor of a triumph ; the commander then retained the title until the end of his magistracy . In Roman tradition, the first triumph was that of Romulus , the founder of Rome, but the first attested use of imperator was in 189 BC, on

6270-540: The Sustainable Development Goals . The World Bank has been criticized as promoting inflation and harming economic development . There has also been criticism of the bank's governance and response to the COVID-19 pandemic . The current president (starting in 2023) is Ajay Banga who is known to support climate action , unlike his predecessor David Malpass . The World Bank was created at

6435-575: The Tetrarchy the powers of the caesar increased considerably, but following the accession of Constantine I it once more remained as a title for heirs with no significant power attached to it. The title slowly lost importance in the following decades, as emperors started to promote their sons directly to augustus . In the East, the title finally lost its imperial character in 705, when Justinian II awarded it to Tervel of Bulgaria . After this it became

6600-592: The United States (Foreign Trade Zones Act of 1934), where FTZs provide customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they have been called "duty-free export processing zones," "export-free zones," "export processing zones," "free export zones," "free zones," "industrial free zones," "investment promotion zones," "maquiladoras," and "special economic zones". Some were previously called "free ports". Free zones range from specific-purpose manufacturing facilities to areas where legal systems and economic regulation vary from

6765-565: The de facto sole ruler of Rome in 48 BC, when he defeated his last opposition at the Battle of Pharsalus . His killers proclaimed themselves as the liberatores ("liberators") and the restorers of the Republic, but their rule was cut short by Caesar's supporters, who almost immediately established a new dictatorship. In his will, Caesar appointed his grandnephew Octavian as his heir and adopted son. He inherited his property and lineage,

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6930-422: The emperors of Nicaea , the emperors of Trebizond , and the short-lived emperors of Thessalonica . The Nicean rulers have been traditionally regarded as the "legitimate" emperors of this period, as they recovered Constantinople and restored the Empire in 1261. The Empire of Trebizond continued to exist for another 200 years, but from 1282 onwards its rulers used the modified title of "Emperor and Autocrat of all

7095-467: The health sector . IHP+ mobilizes national governments, development agencies, civil society, and others to support a single, country-led national health strategy in a well-coordinated way. In September 2020, during the COVID-19 pandemic , the World Bank announced a $ 12 billion plan to supply "low and middle income countries" with a vaccine once it was approved. In June 2022, the bank reported that $ 10.1 billion had been allocated to supply 78 countries with

7260-408: The proconsuls of the few senatorial provinces and allies such as Agrippa . The governors appointed to the imperial provinces only answered to the emperor himself, who could maintain or replace them at will. The tribunician power ( tribunicia potestas ), first assumed by Augustus in 23 BC, gave him authority over the tribune of the plebs without having to actually hold the office – a tribune

7425-409: The treatment of workers , and promises not to ask payment of taxes for the next few years. When the taxation-free years are over, the corporation that set up the factory without fully assuming its costs is often able to set up operations elsewhere for less expense than the taxes to be paid, giving it leverage to take the host government to the bargaining table with more demands, but parent companies in

7590-519: The " Year of the Five Emperors ", but modern scholarship now identifies Clodius Albinus and Pescennius Niger as usurpers because they were not recognized by the Roman Senate . Recognition by the Senate is often used to determine the legitimacy of an emperor, but this criterion is not always followed. Maxentius is sometimes called an usurper because he did not have the recognition of Tetrarchs , but he held Rome for several years, and thus had

7755-666: The "shadow emperor". In 476, the Heruli Odoacer overthrew the child-emperor Romulus Augustulus , made himself king of Italy and shipped the imperial regalia to the Emperor Zeno in Constantinople. Historians mark this date as the date of the fall of the Western Roman Empire , although by this time there was no longer any "Empire" left, as its territory had reduced to Italy. Julius Nepos , who

7920-683: The 1944 Bretton Woods Conference , along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American . The World Bank and the IMF are both based in Washington, D.C., and work closely with each other. Although many countries were represented at the Bretton Woods Conference, the United States and United Kingdom were the most powerful in attendance and dominated

8085-573: The 5th century, there was scarcely a single decade without succession conflicts and civil war. During this period, very few emperors died of natural causes. Such problems persisted in the later Eastern Empire, where emperors had to often appoint co-emperors to secure the throne. Despite often working as a hereditary monarchy, there was no law or single principle of succession. Individuals who claimed imperial power "illegally" are referred to as " usurpers " in modern scholarship. Ancient historians refer to these rival emperors as " tyrants ". In reality, there

8250-532: The 9th century. Its last known use was on 866–867 coins of Michael III and his co-emperor Basil I , who are addressed as imperator and rex respectively. In the West, imperator was transformed into a monarchical title by Charlemagne , becoming the official Latin title of the Holy Roman Empire . Originally the cognomen (third name) of the dictator Gaius Julius Caesar , which was then inherited by Augustus and his relatives. Augustus used it as

8415-683: The Alternative Site Framework (ASF) should be considered. The ASF may be an appropriate option for certain Foreign-Trade Zone projects, but the decision of whether to adopt the new framework and what the configuration of the sites should be requires careful analysis and planning. Regardless of the choice to expand the FTZ project, the sites should be selected and the application drafted in such a manner as to receive swift approval while maximizing benefit to those that locate in

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8580-706: The East, the Iberians , and the Perateia ", accepting the Niceans as the sole Roman emperors. However, the Byzantine Empire had been reduced mostly to Constantinople, and the rise of other powers such as Serbia and Bulgaria forced the Byzantines to recognize their rulers as basileus . Despite this, emperors continued to view themselves as the rulers of an "universal empire". During the last decades of

8745-484: The Empire always saw the emperor as an open monarch. Starting with Heraclius in 629, Roman emperors styled themselves " basileus ", the traditional title for Greek monarchs used since the times of Alexander the Great . The title was used since the early days of the Empire and became the common imperial title by the 3rd century, but did not appear in official documents until the 7th century. Michael I Rangabe (r. 811–813)

8910-440: The Empire used it regularly. It began to used in official context starting with Septimius Severus , and was first officially adopted in coinage by Aurelian . In the East, imperator was translated as autokrator ("self-ruler"), a title that continued to be used until the end of the Empire. This is the modern Greek word for "emperor" ( υτοκράτορας ). There are still some instances of imperator in official documents as late as

9075-494: The Empire, power was once again shared between multiple emperors and colleagues, each ruling from their own capital, notably during the long reign of John V . Constantinople finally fell to the Ottoman Turks in 1453; its last emperor, Constantine XI Palaiologos , dying in battle. The last vestiges of the empire, Morea and Trebizond , fell in 1461. The title imperator – from imperare , "to command" – dates back to

9240-516: The Empire, while later functioning as de facto separate entities, were always considered and seen, legally and politically, as separate administrative divisions of a single, insoluble state by the Romans of the time. In the West , the office of emperor soon degenerated into being little more than a puppet of Germanic generals such as Aetius and Ricimer ; the last emperors of the West being known as

9405-548: The English translation of the Latin imperator , then Julius Caesar had been an emperor, like several Roman generals before him. Instead, by the end of the Caesar's civil wars , it became clear that there was certainly no consensus to return to the old-style monarchy , but that the period when several officials would fight one another had come to an end. Julius Caesar, and then Augustus after him, accumulated offices and titles of

9570-515: The Republic, Diocletian established at the top of this new structure the Tetrarchy ("rule of four") in an attempt to provide for smoother succession and greater continuity of government. Under the Tetrarchy, Diocletian set in place a system of two emperors ( augusti ) and two subordinates that also served as heirs ( caesares ). When an emperor retired (as Diocletian and Maximian did in 305) or died, his caesar would succeed him and in turn appoint

9735-421: The Roman state as an autocrat , but he failed to create a stable system to maintain himself in power. His rise to power was the result of a long and gradual decline in which the Republic fell under the influence of powerful generals such as Marius and Sulla . At the end of the Republic no new, and certainly no single, title indicated the individual who held supreme power. Insofar as emperor could be seen as

9900-443: The Roman world among them. Lepidus was sidelined in 36 BC, and relations between Octavian and Antony soon deteriorated. In September 31 BC, Octavian's victory at Actium put an end to any effective opposition and confirmed his supremacy over Rome. In January 27 BC, Octavian and the Senate concluded the so-called " First settlement ". Until then Octavian had been ruling the state with his powers as triumvir , even though

10065-479: The Senate awarded him the appellation of augustus ("elevated"). The honorific itself held no legal meaning, but it denoted that Octavian (henceforth Augustus ) now approached divinity, and its adoption by his successors made it the de facto main title of the emperor. He also received the civic crown alongside several other insignias in his honor. Augustus now held supreme and indisputable power, and even though he still received subsequent grants of powers, such as

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10230-434: The Senate, or both. The first emperors reigned alone; later emperors would sometimes rule with co-emperors to secure the succession or to divide the administration of the empire between them. The office of emperor was thought to be distinct from that of a rex ('king'). Augustus, the first emperor, resolutely refused recognition as a monarch. For the first three hundred years of Roman emperors, efforts were made to portray

10395-516: The Triumvirate itself disappeared years earlier. He announced that he would return the power to the Senate and People of Rome , but this was only an act. The Senate confirmed Octavian as princeps , the " first among equals ", and gave him control over almost all Roman provinces for a tenure of ten years. This limitation was only superficial, as he could renew his powers indefinitely. In addition,

10560-525: The United States (15.85%), Japan (6.84%), China (4.42%), Germany (4.00%), the United Kingdom (3.75%), France (3.75%), India (2.91%), Russia (2.77%), Saudi Arabia (2.77%) and Italy (2.64%). Under the changes, known as 'Voice Reform – Phase 2', countries other than China that saw significant gains included South Korea , Turkey, Mexico , Singapore, Greece , Czech Republic , Hungary , Brazil, India , and Spain. Most developed countries' voting power

10725-455: The United States are rarely held accountable. Political writer Naomi Klein has also criticized the transient nature of FTZs, noting the factory closures connected to the 1997 Asian financial crisis . She criticized the low wages and long hours, citing workdays of twelve or more hours in Indonesia, Philippines, Southern China, and Sri Lanka circa 2000. World Bank The World Bank

10890-588: The United States have recently been making use of the flexible opportunities offered by the Alternative Site Framework (ASF) program. The ASF program is designed to serve zone projects that want the flexibility to both attract users/operators to certain fixed sites but also want the ability to serve companies at other locations where the demand for FTZ services will arise in the future. FTZ 32 was founded in 1979 and processes over $ 1 billion in goods with products from more than 65 countries and exported to more than 75 countries worldwide with speed and efficiency. According to

11055-506: The United States, and Canada. In free trade areas, tariffs are only lowered between member countries. They should also be distinguished from customs unions, like the former European Economic Community, where several countries agree to unify customs regulations and eliminate customs between the union members. Free-trade zones have more recently been also called special economic zones in some countries. Special economic zones (SEZs) have been established in many countries as testing grounds for

11220-889: The United States, the Foreign-Trade Zones Board (FTZB), established under the Foreign-Trade Zones (FTZ) Act of 1934, is led by the Secretary of Commerce and the Secretary of the Treasury . In January 2009, the Foreign-Trade Zones Board adopted an FTZ Board staff proposal to make what it called the Alternative Site Framework (ASF) as a means of designating and managing general-purpose FTZ sites through reorganization. The ASF provides Foreign-Trade Zone grantees greater flexibility to meet specific requests for zone status by utilizing

11385-505: The West acknowledged the Eastern emperors until the accession of Empress Irene in 797. After this, the papacy created a rival lineage of Roman emperors in western Europe, the Holy Roman Emperors , which ruled the Holy Roman Empire for most of the period between 800 and 1806. These emperors were never recognized in Constantinople and their coronations resulted in the medieval problem of two emperors . The last Eastern emperor

11550-518: The West remaining after the death of Julius Nepos in 480. Instead the Eastern emperor Zeno proclaimed himself as the sole emperor of a theoretically undivided Roman Empire (although in practice he had no authority in the West). The subsequent Eastern emperors ruling from Constantinople styled themselves as " Basileus of the Romans" ( Ancient Greek : βασιλεύς Ῥωμαίων , Basileus Romaíon ) but are often referred to in modern scholarship as Byzantine emperors . The papacy and Germanic kingdoms of

11715-423: The West. The Eastern Greek-speaking half of the Empire had always regarded the emperors as open monarchs ( basileis ), and called them as such. The weakest point of the Augustan institution was its lack of a clear succession system. Formally announcing a successor would have revealed Augustus as a monarch, so he and subsequent emperors opted to adopt their best candidates as their sons and heirs. Primogeniture

11880-501: The World Bank Group and its staff where allegation of non-observance of contracts of employment or terms of appointment had not been honored. McNamara was succeeded by U.S. President Jimmy Carter 's nominee, Alden W. Clausen , in 1980. Clausen replaced many members of McNamara's staff and crafted a different mission emphasis. His 1982 decision to replace the bank's Chief Economist, Hollis B. Chenery , with Anne Krueger

12045-414: The World Bank Group president and 25 executive directors. The president is the presiding officer, and ordinarily has no vote except to break a tie. The executive directors as individuals cannot exercise any power or commit or represent the bank unless the boards specifically authorized them to do so. With the term beginning 1 November 2010, the number of executive directors increased by one, to 25. In 2020,

12210-469: The World Bank had 12,300 full-time staff, and it operated in 145 countries. Some notable politicians who worked for the World Bank include: The International Bank for Reconstruction and Development (IBRD) has 189 member countries, while the International Development Association (IDA) has 174. Each member state of IBRD should also be a member of the International Monetary Fund (IMF) and only members of IBRD are allowed to join other institutions within

12375-457: The World Bank reduced the transformative potential of SDG 10 during the agenda-setting stage. The bank has stated its ambition to help catalyze the SDGs through “thought leadership, global convening, and country-level uptake”. In general, the World Bank strategically uses the power of the Sustainable Development Goals (SDGs) in its favor to reinforce its own policies or interests while minimizing

12540-637: The World Bank's 2012 annual meeting in Tokyo, a review of these safeguards was initiated, which was welcomed by several civil society organisations. As a result, the World Bank developed a new Environmental and Social Framework, which has been in implementation since 1 October 2018. The World Bank or the World Bank Group is also a sitting observer in the United Nations Sustainable Development Group . Beginning in 1989, in response to harsh criticism from many groups,

12705-404: The World Bank’s total commitments amounted to USD 77.1 billion and it operated in 145 countries. World Bank projects cover a range of areas from building schools to fighting disease, providing water and electricity, and environmental protection , and as such, they are linked to most of the Sustainable Development Goals . As a guideline to the World Bank's operations in any particular country,

12870-683: The Zone. Successful zone projects are generally the result of a plan developed and implemented by individuals who understand all aspects of the FTZ program. The FTZB approves the reorganization of Foreign Trade Zone (FTZ) 32 under the alternative site framework. The application submitted by its grantee, the Greater Miami Foreign Trade Zone was approved and officially ordered by the FTZB on January 8, 2013. From California to Oklahoma, North Carolina, and New York State, FTZs all across

13035-704: The adoptive son of the long-deceased Marcus Aurelius , hence why he named Caracalla after him. Later Eastern imperial dynasties, such as the Doukai and Palaiologoi , claimed descent from Constantine the Great . What turns a "usurper" into a "legitimate" emperor is typically that they managed to gain the recognition of a more senior, legitimate, emperor, or that they managed to defeat a more senior, legitimate emperor and seize power. Modern historiography has not yet defined clear legitimacy criteria for emperors, resulting in some emperors being included or excluded from different lists. The year 193 has traditionally been called

13200-601: The army and the bureaucracy, so the principle of automatic inheritance was not adopted, which often led to several claimants to the throne . Despite this, elements of the republican institutional framework (Senate, consuls, and magistrates) were preserved even after the end of the Western Empire. Constantine the Great , the first Christian emperor, moved the capital from Rome to Constantinople , formerly known as Byzantium , in 330 AD. Roman emperors had always held high religious offices; under Constantine there arose

13365-474: The authority based on prestige. The honorific was awarded as both a name and a title to Octavian in 27 BC and was inherited by all subsequent emperors, who placed it after their personal names. The only emperor to not immediately assume it was Vitellius , although he did use it after his recognition by the Senate. Later emperors ruled alongside one or several junior augusti who held de jure (but not de facto ) equal constitutional power. Despite its use as

13530-537: The bank (such as IDA). The five United Nations member states that are not members of the World Bank are Andorra, Cuba, Liechtenstein, Monaco, and North Korea. Kosovo is not a member of the UN, but is a member of the IMF and the World Bank Group, including the IBRD and IDA. In 2010, voting powers at the World Bank were revised to increase the voice of developing countries, notably China. The countries with most voting power are now

13695-578: The bank began including environmental groups and NGOs in its loans to mitigate the past effects of its development policies that had prompted the criticism. It also formed an implementing agency, in accordance with the Montreal Protocols, to stop ozone-depletion damage to the Earth's atmosphere by phasing out the use of 95% of ozone-depleting chemicals, with a target date of 2015. Since then, in accordance with its so-called "Six Strategic Themes",

13860-563: The bank has put various additional policies into effect to preserve the environment while promoting development. For example, in 1991, the bank announced that to protect against deforestation , especially in the Amazon , it would not finance any commercial logging or infrastructure projects that harm the environment. For the poorest developing countries in the world, the bank's assistance plans are based on poverty reduction strategies ; by combining an analysis of local groups with an analysis of

14025-585: The benefits of setting up business in UAE Free Zones are: Some Free Zones in UAE are: Kuwait's free trade zone (FTZ) was formally established in 1999 to expand businesses and lure the export industry. The zone was located in the western part of the commercial port of Shuwaikh . It was the only free trade zone in the country. In 2019, the Council of Ministers cancelled the free-zone, leaving Kuwait without

14190-400: The chance of being itself reshaped or transformed by these goals. Scholars found that the World Bank used the growing momentum of the (SDGs) to further its strategic objectives without being influenced by the SDGs in turn. Also, the bank engaged with the SDGs selectively; efforts to integrate the goals into organizational practices remained limited; and their inclusion in country-level processes

14355-476: The city and Senate of Rome began to lose importance. Maximinus and Carus , for example, did not even set foot on the city. Carus' successors Carinus and Numerian , the last of the Crisis emperors, did not bother to assume the tribunicia potestas either. After reuniting the Roman Empire in 285, Diocletian began a series of reforms to restore stability. Reaching back to the oldest traditions of job-sharing in

14520-400: The continuance of the Republic. The title had already been used by Pompey and Julius Caesar , among others. It was a purely honorific title with no attached duties or powers, hence why it was never used in official titulature. The title was the most preferred by Augustus as its use implies only "primacy" (is in the " first among equals "), as opposed to dominus , which implies dominance. It

14685-574: The country's financial and economic situation the World Bank develops a plan pertaining to the country in question. The government then identifies the country's priorities and targets for the reduction of poverty, and the World Bank instigates its aid efforts correspondingly. Forty-five countries pledged US$ 25.1 billion in "aid for the world's poorest countries", aid that goes to the World Bank International Development Association (IDA), which distributes

14850-549: The creation of a worship cult . Augustus became pontifex maximus (the chief priest of the College of Pontiffs ) in 12 BC, after the death of the former triumvir Lepidus . Emperors from the reign of Gratian (r. 375–383) onward used the style pontifex inclytus ("honorable pontiff"). The title of pontifex maximus was eventually adopted by the bishops of Rome during the Renaissance . The last known emperors to use

15015-617: The emperor derived from an extraordinary concentration of individual powers and offices that were extant in the Republic and developed under Augustus and later rulers, rather than from a new political office. Under the Republic, these powers would have been split between several people, who would each exercise them with the assistance of a colleague and for a specific period of time. Augustus held them all at once by himself, and with no time limits; even those that nominally had time limits were automatically renewed whenever they lapsed. The Republican offices endured and emperors were regularly elected to

15180-453: The emperors as leaders of the Republic, fearing any association with the kings who ruled Rome prior to the Republic. From Diocletian , whose reformed tetrarchy divided the position into one emperor in the West and one in the East , emperors ruled in an openly monarchic style. Although succession was generally hereditary, it was only hereditary if there was a suitable candidate acceptable to

15345-413: The end of the Empire. In the West, the title was also used by Charlemagne and the subsequent Holy Roman Emperors as part of the formula Imperator Augustus . Both Eastern and Western rulers also used the style semper augustus ("forever augustus"). The word princeps , meaning "first", was a republican term used to denote the leading member of the Senate, and it was used by the early emperors to emphasize

15510-441: The failure of the Tetrarchy. This practice had first been applied by Septimius Severus , who proclaimed his 10-year-old son Caracalla as augustus . He was followed by Macrinus , who did the same with his 9-year-old son Diadumenian , and several other emperors during the Crisis. This became even more common from the 4th century onwards. Gratian was proclaimed emperor at the age of 8, and his co-ruler and successor Valentinian II

15675-500: The family. Following the suicide of Nero, the last descendant of Caesar, the new emperor Galba adopted the name of Servius Galba Caesar Augustus , thus making it part of the imperial title. Five days before his murder he adopted Piso Licinianus as his son and heir, renaming him as Servius Sulpicius Galba Caesar . After this Caesar came to denote the heir apparent, who would add the name to his own as heir and retain it upon accession as augustus . The only emperor not to assume it

15840-575: The first Export processing zones in 1988, aiming to fight the unbalances in the country. First EPZ area in operation was located near of the Port of Pecém in Ceará . Companies in these areas are benefited from tax exemptions and incentives at the ICMS Tax (State Value-Added Tax). Some Brazilian states offer other regional incentives. Companies also can take advantage of a Foreign exchange treatment supported by

16005-412: The first emperor, whereas Julius Caesar is considered the last dictator of the Roman Republic , a view that is shared by the Roman writers Plutarch , Tacitus , and Cassius Dio . Conversely, the majority of Roman writers, including Pliny the Younger , Suetonius and Appian , as well as most of the ordinary people of the Empire, thought of Julius Caesar as the first emperor. Caesar did indeed rule

16170-405: The first time, two non-US citizens were nominated. The nominee is subject to confirmation by the board of executive directors to serve a five-year, renewable term. While most World Bank presidents have had banking experience, some have not. On 23 March 2012, U.S. president Barack Obama announced that the United States would nominate Jim Yong Kim as the next president of the bank. Jim Yong Kim

16335-601: The former Hanseatic trading house, once the largest medieval trading complex in Britain, were uncovered by archaeologists during maintenance work on Cannon Street Station. Shannon , Ireland ( Shannon Free Zone ), established in 1959, has claimed to be the first "modern" free trade zone. The Shannon Zone was started to help the city airport adjust to a radical change in aircraft technology that permitted longer range aircraft to skip previously-required refueling stops in Shannon. It

16500-417: The granting of tribunicia potestas in 23 BC, these were only ratifications of the powers he already possessed. Most modern historians use 27 BC as the start date of the Roman Empire. This is mostly a symbolic date, as the Republic had essentially disappeared many years earlier. Ancient writers often ignore the legal implications of Augustus' reforms and simply write that he "ruled" Rome following

16665-414: The highest imperial title, it was generally not used to indicate the office of Emperor itself, as ordinary people and writers had become accustomed to Imperator . In the East the title was initially translated as Sebastos , but the form Augoustos eventually became more common. Emperors after Heraclius styled themselves as Basileus , but Augoustos still remained in use in a lesser form up until

16830-445: The highest importance in the Republic, making the power attached to those offices permanent, and preventing anyone with similar aspirations from accumulating or maintaining power for themselves. Julius Caesar had been pontifex maximus since 64 BC; held the offices of consul and dictator five times since 59 BC, and was appointed dictator in perpetuity in 44 BC, shortly before his assassination . He had also become

16995-506: The implementation of liberal market economy principles. SEZs are viewed as instruments to enhance the acceptability and the credibility of the transformation policies and to attract domestic and foreign investment. The change in terminology has been driven by the formation of the World Trade Organization (WTO), which prohibits members from offering certain types of fiscal incentives to promote the exports of goods, thus why

17160-730: The last 10 years through Development Policy Financing was approximately $ 117 billion. Its five organizations are: The first two are sometimes collectively referred to as the World Bank. To ensure that World Bank-financed operations do not compromise these goals but instead add to their realisation, the following environmental, social, and legal safeguards were defined: Environmental Assessment, Indigenous Peoples, Involuntary Resettlement, Physical Cultural Resources, Forests, Natural Habitats, Pest Management, Safety of Dams, Projects in Disputed Areas, Projects on International Waterways, and Performance Standards for Private Sector Activities. At

17325-492: The last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by environmental and social safeguards. As of 2022 , the World Bank is run by a president and 25 executive directors, as well as 29 various vice presidents. IBRD and IDA have 189 and 174 member countries, respectively. The U.S., Japan, China, Germany and the U.K. have the most voting power. The bank aims loans at developing countries to help reduce poverty. The bank

17490-430: The late 20th century. Corporations setting up in a zone may be given a number of regulatory and fiscal incentives, such as the right to establish a business, the right to import parts and equipment without duty, the right to keep and use foreign exchange earnings, and sometimes income or property tax breaks . There may also be other incentives relating the methods of customs control and filing requirements. The rationale

17655-731: The law that created the EPZ and proximity of Custom authorities with offices inside the EPZ. China has specific rules differentiating an EPZ from a FTZ. For example, 70% of goods in EPZs must be exported, but there is no such quota for FTZs. The world's first-documented free-trade zone was established on the Greek Island of Delos in 166 BCE. It lasted until about 69 BCE when the island was overrun by pirates. The Romans had many civitas libera , or free cities, some of which could coin money, establish their own laws, and not pay an annual tribute to

17820-731: The loans to eighty poorer countries. Wealthier nations sometimes fund their own aid projects, including those for diseases. Robert B. Zoellick, the former president of the World Bank, said when the loans were announced on 15 December 2007, that IDA money "is the core funding that the poorest developing countries rely on". World Bank organizes the Development Marketplace Awards , a grant program that surfaces and funds development projects with potential for development impact that are scalable and/or replicable. The grant beneficiaries are social enterprises with projects that aim to deliver social and public services to groups with

17985-466: The lowest incomes. In 2013 the bank adopted the concept of Shared Prosperity as one of the World Bank’s “Twin Goals” for that year, with the other one focusing on poverty reduction, aiming to reduce the share of people in extreme poverty to 3 percent of the global population by 2030. The bank defined Shared Prosperity as increasing the income of the bottom 40 percent of the population in each country. As

18150-467: The loyalty of most of his allies, and – again through a formal process of senatorial consent – an increasing number of the titles and offices that had accrued to Caesar. In August 43 BC, following the death of both consuls of the year , Octavian marched to Rome and forced the Senate to elect him consul. He then formed the Second Triumvirate alongside Mark Antony and Lepidus , dividing

18315-421: The main title of the emperor. According to Suetonius , it was "not merely a new title but a more honorable one, inasmuch as sacred places too, and those in which anything is consecrated by augural rites are called "august" ( augusta ), from the increase ( auctus ) in dignity". It was also connected to the religious practice of augury , which was itself linked to Rome's founding by Romulus , and to auctoritas ,

18480-472: The marginalization of the former heartland of Italy to the empire had a profound cultural impact on the empire and its emperor, which adopted a more Hellenistic character. The Eastern emperors continued to be recognized in the Western kingdoms until the accession of Irene (r. 797–802), the first empress regnant . The Italian heartland was recovered during the reign of Justinian I (r. 527–565), but this

18645-522: The minor boundary modification process. The theory of the ASF is that by more closely linking the amount of FTZ-designated space to the amount of space activated with Customs and Border Protection, Zone users would have better and quicker access to benefits. When an FTZ grantee evaluates whether or not to expand its FTZ project in order to improve the ease in which the Zone may be utilized by existing companies, as well as how it attracts new prospective companies,

18810-411: The most prominent of them: the consulship and censorship . This early period of the Empire is known as the " Principate ", derived from the title princeps used by the early emperors. The most important bases of the emperor's power were his supreme power of command ( imperium maius ) and tribunician power ( tribunicia potestas ) as personal qualities, separate from his public office. Originally,

18975-510: The murder of Caesar, or that he "ruled alone" after the death of Mark Antony. Most Romans thus simply saw the "emperor" as the individual that ruled the state, with no specific title or office attached to him. Augustus actively prepared his adopted son Tiberius to be his successor and pleaded his case to the Senate for inheritance on merit. After Augustus' death in AD ;14, the Senate confirmed Tiberius as princeps and proclaimed him as

19140-451: The negotiations. The intention behind the founding of the World Bank was to provide temporary loans to low-income countries that could not obtain loans commercially. The bank may also make loans and demand policy reforms from recipients. In its early years, the bank made a slow start for two reasons: it was underfunded, and there were leadership struggles between the US executive director and

19305-447: The new augustus . Tiberius had already received imperium maius and tribunicia potestas in AD 4, becoming legally equal to Augustus but still subordinate to him in practice. The "imperial office" was thus not truly defined until the accession of Caligula , when all of Tiberius' powers were automatically transferred to him as a single, abstract position that was symbolized by his sacred title of augustus . The legal authority of

19470-453: The normal provisions of the country concerned. Free zones may reduce or eliminate taxes, customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features. Free zones are intended to foster economic activity and employment that could occur elsewhere. An export-processing zone ( EPZ )

19635-441: The northern banks that had been the primary sources of funding. Rotberg used the global bond market to increase the capital available to the bank. One consequence of the period of poverty alleviation lending was the rapid rise of debt of developing countries . From 1976 to 1980, developing world debt rose at an average annual rate of 20%. The World Bank Administrative Tribunal was established in 1980, to decide on disputes between

19800-493: The official order from the FTZB, FTZ 32 existing site 1, Miami Free Zone, will be classified as a magnet site. Due to growing business opportunities in the United Arab Emirates (UAE), the UAE government has introduced 'Free Zones' to make it easier for foreigners to invest and operate in the UAE. In these Free Zones, investors benefit from maintaining full business ownership and receiving tax exemptions. Some of

19965-410: The powers of command where divided in consular imperium for Rome and proconsular imperium for the provinces . This division became obsolete in 19 BC, when Augustus was given consular imperium – despite leaving the consulship in 23 BC – and thus control over all troops. This overwhelming power was referred to as imperium maius to indicate its superiority to other holders of imperium , such as

20130-479: The president of the organization. When the Marshall Plan went into effect in 1947, many European countries began receiving aid from other sources. Faced with this competition, the World Bank shifted its focus to non-European allies. Until 1968, its loans were earmarked for the construction of infrastructure works, such as seaports, highway systems, and power plants, that would generate enough income to enable

20295-448: The protectors of the Church. The territorial divisions of the Tetrarchy were maintained, and for most of the following century the Empire was ruled by two senior emperors, one in the West (with Milan and later Ravenna as capital) and another in the East (with Constantinople as capital). This division became permanent on the death of Theodosius I in 395, when he was succeeded by his sons Honorius and Arcadius . The two halves of

20460-545: The public in a way that encourages reuse, whereas the recent publications describing them are available as open access under a Creative Commons Attribution License , for which the bank received the SPARC Innovator 2012 award. The World Bank hosts the Open Knowledge Repository as an official open access repository for its research outputs and knowledge products. The World Bank's repository

20625-440: The recognition of the Senate. Other "usurpers" controlled, if briefly, the city of Rome, such as Nepotianus and Priscus Attalus . In the East, the possession of Constantinople was the essential element of legitimacy, yet some figures such as Procopius are treated as usurpers. Rival emperors who later gained recognition are not always considered legitimate either; Vetranio had the formal recognition by Constantius II yet he

20790-406: The reverence of the emperor, making anything related to him sacer (sacred). He declared himself Jovius , the son of Jupiter , and his partner Maximian was declared Herculius , son of Hercules . This divine claim was maintained after the rise of Christianity, as emperors regarded themselves as the chosen rulers of God. The emperor no longer needed the Senate to ratify his powers, so he became

20955-436: The sole source of law. These new laws were no longer shared publicly and were often given directly to the praetorian prefects – originally the emperor's bodyguard, but now the head of the new praetorian prefectures – or with private officials. The emperor's personal court and administration traveled alongside him, which further made the Senate's role redundant. Consuls continued to be appointed each year, but by this point, it

21120-496: The specifically Christian idea that the emperor was God's chosen ruler on earth, a special protector and leader of the Christian Church, a position later termed Caesaropapism . In practice, an emperor's authority on Church matters was frequently subject to challenge. The Western Roman Empire collapsed in the late 5th century after multiple invasions by Germanic barbarian tribes, with no recognised claimant to Emperor of

21285-535: The structural adjustment programs of the World Bank had been responsible for "reduced health, nutritional and educational levels for tens of millions of children in Asia , Latin America , and Africa ". The president of the bank is the president of the entire World Bank Group . The president is responsible for chairing meetings of the boards of directors and for overall management of the bank. Traditionally, based on

21450-463: The term Export Processing Zone (EPZ) is no longer used with newer zones. For example, India converted all of its EPZs to SEZs in 2000. In 1999, there were 43 million people working in about 3,000 FTZs spanning 116 countries and producing clothes , shoes , sneakers , electronics , and toys . The basic objectives of economic zones are to enhance foreign exchange earnings, develop export-oriented industries, and generate employment opportunities. In

21615-418: The title continued to be used for a time, with emperors registering the number of times they were hailed imperator . The title became the main appellation of the ruler by the time of Vespasian . After the Tetrarchy , emperors began to be addressed as dominus noster ("our Lord"), although imperator continued to be used. The appellation of dominus was known and rejected by Augustus, but ordinary men of

21780-533: The title of caesar . The Senate still exercised some power during this period, as evidenced by his decision to declare Nero a "public enemy", and did influence in the succession of emperors. Following the murder of Domitian in AD 96, the Senate declared Nerva , one of their own, as the new emperor. His "dynasty", the Antonine , continued the adoptive system until the reign of Marcus Aurelius (r. 161–180). Marcus

21945-473: The title of consul was Constans II , who was also the last Eastern emperor to visit Rome. It's possible that later emperors also used it as an honorary title, as the office of consul was not abolished until 892, during the reign of Leo VI . During the Dominate it became increasingly common for emperors to raise their children directly to augustus (emperor) instead of caesar (heir), probably because of

22110-418: The title was Junius Blaesus in AD 22, after which it became a title reserved solely for the sovereign. Augustus used Imperator instead of his first name ( praenomen ), becoming Imperator Caesar instead of Caesar Imperator . From this the title slowly became a synonym of the office, hence the word "emperor". Tiberius , Caligula and Claudius avoided using the title, but it is recorded that Caligula

22275-545: The title were Valentinian III and Marcian , in the 5th century. The only surviving document to directly refer to the emperor's power is the Lex de imperio Vespasiani , written shortly after Vespasian 's formal accession in December 69. The text, of which only the second part survives, states that Vespasian is allowed to: make treaties; hold sessions and propose motions to the Senate; hold extraordinary sessions with legislative power; endorse candidates in elections; expand

22440-409: The tribunes, such as sacrosanctity , since 36 BC. With this powers, he could veto any act or proposal of any magistrate, propose laws and convoke the Senate. His sacrosanctity also made him untouchable, and any offence against him could be treated as a crime of treason. The tribunician power was arguably the most stable and important of the emperor's powers. Despite being a perpetual title, it

22605-514: The triumph of Aemilius Paulus . It was a title held with great pride: Pompey was hailed imperator more than once, as was Sulla and Julius Caesar . However, as noted by Cassius Dio , the meaning of the title changed under the new monarchy, and came to denote "the possession of the supreme power". Both Dio and Suetonius refer to Caesar as the first one to assume imperator as a proper name (a praenomen imperatoris ), but this seems to be an anachronism . The last ordinary general to be awarded

22770-665: The use of the funds to ensure that the French government met the conditions. In addition, before the loan was approved, the United States Department of State told the French government that its members associated with the Communist Party would first have to be removed. The French government complied and removed the Communist coalition government —the so-called tripartite . Within hours, the loan to France

22935-542: The vaccine The US Treasury has committed $ 667 million for the World Bank's global Pandemic Fund, a third of the $ 2 billion the fund hopes to raise. The Pandemic Fund, established in September 2022, is a collaborative initiative among countries, implementing partners, philanthropies, and civil society organizations. It aims to fund investments that address critical gaps in pandemic prevention, preparedness, and response capacities at national, regional, and global levels, with

23100-507: The vague terms of "second" or "little emperor". Despite having a successful reign himself, Diocletian's tetrarchic system collapsed as soon as he retired in 305. Constantine I , the son of tetrarch Constantius I , reunited the empire in 324 and imposed the principle of hereditary succession which Diocletian intended to avoid. Constantine was also the first emperor to convert to Christianity , and emperors after him, especially after its officialization under Theodosius I , saw themselves as

23265-885: The world market for some of the economy's industrial goods, thus generating employment and foreign exchange". Most FTZs are located in developing countries ; Brazil , Colombia , India , Indonesia , El Salvador , China , the Philippines , Malaysia , Bangladesh , Nigeria , Pakistan , Mexico , the Dominican Republic , Costa Rica , Honduras , Guatemala , Kenya , Sri Lanka , Mauritius , and Madagascar all have EPZ programs. In 1997, 93 countries had set up export processing zones, employing 22.5 million people, and five years later, in 2003, EPZs in 116 countries employed 43 million people. In Brazil, 25 Export-Processing Zones have been authorized in 17 states, and 19 of them have been implemented. Brazilian government launched

23430-478: Was imperator , originally a military honorific, and caesar , originally a cognomen . Early emperors also used the title princeps ('first one') alongside other Republican titles, notably consul and pontifex maximus . The legitimacy of an emperor's rule depended on his control of the Roman army and recognition by the Senate ; an emperor would normally be proclaimed by his troops, or by

23595-674: Was Constantine XI Palaiologos , who died during the Fall of Constantinople to the Ottoman Empire in 1453. After conquering the city, Ottoman sultans adopted the title " Caesar of the Romans" ( kayser-i Rûm ). A Byzantine group of claimant emperors existed in the Empire of Trebizond until its conquest by the Ottomans in 1461, although they had used a modified title since 1282. Modern historians conventionally regard Augustus as

23760-415: Was Vitellius , who adopted the name Germanicus instead. Most emperors used it as their nomen – with Imperator as their praenomen – until the reign of Antoninus Pius , when it permanently became part of the formula Imperator Caesar [full name] Augustus . In the 3rd century, caesars also received the honorific of nobilissimus ("most noble"), which later evolved into a separate title. During

23925-508: Was also used to distinguish a junior co-emperor ( basileus ) from his senior colleague ( basileus autokrator ). By the times of the Palaiologos , there were two distinct ceremonies for the accession of an emperor: first an acclamation as basileus , and later a coronation as autokrator (which also included being raised on a shield). These rites could happen years apart. The Eastern Empire became not only an absolute monarchy but also

24090-512: Was always renewed each year, which often coincided with the beginning of a new regnal year (although " regnal years " were not officially adopted until Justinian I ). The office of censor was not fully absorbed into the imperial office until the reign of Domitian , who declared himself "perpetual censor" ( censor perpetuus ) in AD 85. Before this, the title had been only used by Claudius (47), Vespasian and Titus (both in 73). The emperor also had power over religious affairs, which led to

24255-751: Was an attempt by the Irish government to maintain employment around the airport so that the airport would continue to generate revenue for the Irish economy. It was hugely successful and is still in operation today. Other free zones to note are the Kandla Free Zone in India, which started in about 1960, and the Kaohsiung Export Processing Zone in Taiwan, which started in 1967. The number of worldwide free-trade zones proliferated in

24420-400: Was an example of this new focus. Krueger was known for her criticism of development funding and for describing developing countries' governments as " rent-seeking states". During the 1980s, the bank emphasized lending to service debt of developing countries, and structural adjustment policies designed to streamline the economies of developing nations. UNICEF reported in the late 1980s that

24585-446: Was an office often occupied by the emperor himself, who now had complete control over the bureaucratic apparatus. Diocletian did preserve some Republican traditions, such as the tribunicia potestas . The last known emperor to have used it was Anastasius I , at the start of the 6th century. Anastasius was also the last attested emperor to use the traditional titles of proconsul and pater patriae . The last attested emperor to use

24750-491: Was approved. From 1974 to 1980, the bank concentrated on meeting the basic needs of people in the developing world . The size and number of loans to borrowers greatly increased, as loan targets expanded from infrastructure into social services and other sectors. These changes can be attributed to Robert McNamara , who was appointed to the presidency in 1968 by Lyndon B. Johnson . McNamara implored bank treasurer Eugene Rotberg to seek out new sources of capital outside of

24915-401: Was by definition a plebeian , whereas Augustus, although born into a plebeian family, had become a patrician when he was adopted into the gens Julia . By adopting the role of a tribune, Augustus was presenting himself as the representative of the common man and the protector of democracy. As always, this was not a sudden grant of power; Augustus had been receiving several powers related to

25080-412: Was elected on 27 April 2012 and reelected to a second five-year term in 2017. He announced that he would resign effective 1 February 2019. He was replaced on an interim basis by now-former World Bank CEO Kristalina Georgieva , then by David Malpass on 9 April 2019. David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change ". In 2023,

25245-433: Was established along with the International Monetary Fund at the 1944 Bretton Woods Conference . After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction . For

25410-419: Was hailed imperator by the Senate on his accession, indicating that it was already considered an integral part of the dignity. It was not until the late reign of Nero , in AD 66, that imperator became once more part of the emperor's nomenclature. Virtually all emperors after him used the praenomen imperatoris , with only a few variations under his successors Galba and Vitellius . The original meaning of

25575-426: Was no distinction between emperors and usurpers, as many emperors started as rebels and were retroactively recognized as legitimate. The Lex de imperio Vespasiani explicitly states that all of Vespasian's actions are considered legal even if they happened before his recognition by the Senate. Ultimately, "legitimacy was a post factum phenomenon." Theodor Mommsen famously argued that "here has probably never been

25740-618: Was not relevant in the early Empire, although emperors still attempted to maintain a familiar connection between them; Tiberius , for example, married Julia the Elder , making him Augustus ' son-in-law. Vespasian , who took power after the collapse of the Julio-Claudian dynasty and the tumultuous Year of the Four Emperors , was the first emperor to openly declare his sons, Titus and Domitian , as his sole heirs, giving them

25905-407: Was overthrown and expelled to Dalmatia in favor of Romulus, continued to claim the title until his murder in 480. The Eastern court recognized this claim and Odoacer minted coins in his name, although he never managed to exercise real power. The death of Nepos left Zeno as the sole emperor of a (technically) reunited Roman Empire. The Roman Empire survived in the East for another 1000 years, but

26070-412: Was proclaimed emperor at the age of 4. Many child emperors such as Philip II or Diadumenian never succeeded their fathers. These co-emperors all had the same honors as their senior counterpart, but they did not share the actual government, hence why junior co-emperors are usually not counted as real emperors by modern or ancient historians. There was no title to denote the "junior" emperor; writers used

26235-454: Was reduced, along with a few developing countries such as Nigeria . The voting powers of the United States, Russia and Saudi Arabia were unchanged. The changes were brought about with the goal of making voting more universal in regards to standards, rule-based objective indicators, and transparency among other things. Now, developing countries have an increased voice in the "Pool Model", backed especially by Europe. Additionally, voting power

26400-413: Was replaced with dominus ("lord"); the use of princeps and dominus broadly symbolizes the differences in the empire's government, giving rise to the era designations Principate and Dominate . The title is still found in some later sources, however. The poet Claudian , for example, describes Honorius as having been raised from " caesar " to " princeps " (instead of augustus ). The title survived

26565-617: Was reverted by the end of the century. Rome technically remained under imperial control , but was completely surrounded by the Lombards . Africa was lost to the Arabs in the early 7th century, and Rome eventually fell to the Lombards in 751, during the reign of Constantine V . The Frankish king Pepin the Short defeated them and received the favour of Pope Stephen II , who became the head of

26730-486: Was the first emperor to actually use the title of "Roman emperor" (βασιλεύς Ῥωμαίων, Basileus Romaíon ). This was a response to the new line of emperors created by Charlemagne – although he was recognized as basileus of the Franks . By the 9th century the full imperial title became " basileus and autokrator of the Romans", usually translated as "Emperor and Autocrat of the Romans". The title autokrator

26895-409: Was the first emperor to rule alongside other emperors, first with his adoptive brother Lucius Verus , who succeeded jointly with him, and later with his son Commodus , who was proclaimed co- augustus in 177. Despite being the son of a previous emperor and having nominally shared government with him, Commodus' rule ended with his murder at the hands of his own soldiers. From his death in 192 until

27060-602: Was the real "usurper" (having been proclaimed by his troops). There were no true objective legal criteria for being acclaimed emperor beyond acceptance by the Roman army , which was really the true basis of imperial power. Common methods used by emperors to assert claims of legitimacy, such as support of the army, blood connections (sometimes fictitious) to past emperors, distributing one's own coins or statues, and claims to pre-eminent virtue through propaganda, were pursued just as well by many usurpers as they were by legitimate emperors. Septimius Severus notably declared himself as

27225-408: Was the title used by early writers before the term imperator became popular. In his Res Gestae , Augustus explicitly refers to himself as the princeps senatus . The title was also sometimes given to heirs, in the form of princeps iuventutis ("first of the youth"), a term that continued to be used during the Tetrarchy . In the era of Diocletian and beyond, princeps fell into disuse and

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