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

Paperback (Print)
Buy New
Buy New from BN.com
$23.05
Used and New from Other Sellers
Used and New from Other Sellers
from $4.95
Usually ships in 1-2 business days
(Save 82%)
Other sellers (Paperback)
  • All (10) from $4.95   
  • New (4) from $27.73   
  • Used (6) from $4.95   

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 shaped by Washington politics—particularly by the legislative branch and its power of the purse.

            Tracing American influence on MDBs over three decades, this volume assesses increased congressional activism and the perpetual “selling” of banks to Congress by the executive branch. Babb contends that congressional reluctance to fund the MDBs has enhanced the influence of the United States on them by making credible America’s threat to abandon the banks if its policy preferences are not followed. At a time when the United States’ role in world affairs is being closely scrutinized, Behind the Development Banks will be necessary reading for anyone interested in how American politics helps determine the fate of developing countries.

Read More Show Less

Editorial Reviews

Choice

"An excellent book about the linkage between US domestic politics and the performance of these institutions. Babb shows how the shifts in the power of right- or left-wing blocs in Congress tie various policy strictures to the funds that are approved. . . . Thus the development banks are obligated to fold into their mandates aspects of strategic, economc, and humanitarian rationales that are of current concern in Washington."

Robert H. Wade

“I know of no other book which examines full-on the impact of Washington politics—and especially the unique split between executive branch and legislative branch in the American polity—on the functioning of a multilateral organization. Sarah Babb has delved deeply into archival sources and supplemented them with more academic literature and some interviews. The result is a well-written book, accessible to a wide readership and not just to students and scholars.”

Diane Vaughan

“In an era dominated by a world banking crisis and calls for transparency in government, Sarah Babb has opened the black box of ‘donor politics’: how international financial institutions are controlled by shareholder governments. Amassing solid evidence from myriad sources, she shows how Washington politics have shaped U.S. policies, which lead multilateral banks to tie loans to policy, in turn setting off debates among development experts. A brilliant sociology of political and policy history, the dark side of organizations, and global economic development.”

Read More Show Less

Product Details

  • ISBN-13: 9780226033655
  • Publisher: University of Chicago Press
  • Publication date: 6/15/2009
  • Edition description: New Edition
  • Pages: 336
  • Product dimensions: 5.90 (w) x 8.90 (h) x 0.80 (d)

Meet the Author

Sarah Babb is associate professor of sociology at Boston College. She is the author of Managing Mexico: Economists from Nationalism to Neoliberalism and coauthor of Economy/Society: Markets, Meanings, and Social Structure.

Read More Show Less

Table of Contents

Preface  

Introduction

Chapter 1. The Banks and Their Shareholders

Chapter 2. The Congressional Revolt

Chapter 3. The Reagan Revolution

Chapter 4. Disciplining the Banks

Chapter 5. The Emergence of the Washington Consensus

Chapter 6. The Consensus Evolves

Chapter 7. The Banks and Civil Society

Chapter 8. Into the New Millennium

Notes  

Bibliography  

Index  

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)