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

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...