The Hobbled Giant: Essays On The World Bank

First published in 1984. In these essays, Stanley Please contends that the World Bank is constrained in its ability to use its position and .power in the interests of more rapid development of the poorer countries of the world. These constraints derive in large part from the legal restriction on the Bank to engage primarily in project lending and from the division of responsibility between the ·Bank and its sister institution, the International Monetary Fund (IMF). Although the Bank's finan...