Reinventing the World Bank / / ed. by Jonathan R. Pincus, Jeffrey A. Winters.

• Superior document: Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013
• MitwirkendeR: Fine, Ben,; Fox, Jonathan A.,; Kapur, Devesh,; Khan, Mushtaq H.,; Pincus, Jonathan R.,; Pincus, jonathan R.,; Rich, Bruce,; Sender, John,; Winters, Jeffrey A.,
• HerausgeberIn: Pincus, Jonathan R.,; Winters, Jeffrey A.,
• Place / Publishing House: Ithaca, NY : : Cornell University Press, , [2018]; ©2002
• Year of Publication: 2018
• Language: English
• Physical Description: 1 online resource (280 p.) :; 1 graph, 2 line drawings, 7 tables

Largely ignored for decades, the World Bank increasingly finds itself at the center of an international political maelstrom. Attacked by the Right as the last bastion of socialism and by the Left as an instrument of economic imperialism, the Bank has struggled to adapt to a changing post-Cold War era. Still the world's leading development institution in terms of size and influence, the International Bank for Reconstruction and Development's failure to articulate and implement a convincing strategy to reduce world poverty has left it vulnerable to the charge that, at least in its present form, it has outlived its usefulness.In a book neither funded nor controlled by its subject, leading North American and British scholars critically examine the World Bank. They contend that an institution that has grown to unmanageable proportions through internally driven change cannot realistically be expected to effect its own reform program. All the Bank's previous attempts at self-redesign have failed, and the contributors argue it is beyond reform; it must be reinvented.Reinvention involves a thoroughgoing and externally controlled process of transformation, starting from basic principles and encompassing three closely related dimensions: operations, or the fit between the Bank's lending program and its development objectives; concepts, its vision of development and anti-poverty strategy; and power, which includes the Bank's relationships with member countries and the wider public, as well as structures of internal governance and accountability.

Table of Contents

Frontmatter -- Contents -- Preface -- 1. REINVENTING THE WORLD BANK -- 2. THE WORLD BANK UNDER JAMES WOLFENSOHN -- 3. THE CHANGING ANATOMY OF GOVERNANCE OF THE WORLD BANK -- 4. STATE SIMPLIFICATION AND INSTITUTION BUILDING IN A WORLD BANK-FINANCED DEVELOPMENT PROJECT -- 5. CRIMINAL DEBT -- 6. THE WORLD BANK INSPECTION PANEL AND THE LIMITS OF ACCOUNTABILITY -- 7. CORRUPTION AND GOVERNANCE IN EARLY CAPITALISM: WORLD BANK STRATEGIES AND THEIR LIMITATIONS -- 8. REASSESSING THE ROLE OF THE WORLD BANK IN SUB-SAHARAN AFRICA -- 9. THE WORLD BANK'S SPECULATION ON SOCIAL CAPITAL -- 10. CONCLUSION -- References -- Contributors -- Index