Behind the Development Banks: Washington Politics, World Poverty, and the Wealth of Nations

Behind the Development Banks: Washington Politics, World Poverty, and the Wealth of Nations

by Sarah Babb
     
 

ISBN-10: 0226033651

ISBN-13: 9780226033655

Pub. Date: 06/15/2009

Publisher: University of Chicago Press

The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as Sarah Babb argues in Behind the Development Banks, these organizations have also been indelibly marked by Washington politics-particularly by the legislative branch and its

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Overview

The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as Sarah Babb argues in Behind the Development Banks, these organizations have also been indelibly marked by Washington politics-particularly by the legislative branch and its power of the purse. Tracing American policy over three decades, this volume looks at how congressional activism around the MDBs came to shape their ideas and activities, and influenced wider debates over economic development.

Product Details

ISBN-13:
9780226033655
Publisher:
University of Chicago Press
Publication date:
06/15/2009
Edition description:
New Edition
Pages:
336
Product dimensions:
5.90(w) x 8.90(h) x 0.80(d)

Table of Contents

Preface ix

Introduction 1

Chapter 1 The Banks and Their Shareholders 20

Chapter 2 The Congressional Revolt 46

Chapter 3 The Reagan Revolution 70

Chapter 4 Disciplining the Banks 99

Chapter 5 The Emergence of the Washington Consensus 126

Chapter 6 The Consensus Evolves 148

Chapter 7 The Banks and Civil Society 180

Chapter 8 Into the New Millennium 207

Notes 237

Bibliography 267

Index 293

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