By Stone Wright
This well timed ebook bargains the 1st severe exam of global financial institution coverage reforms and projects in the past decade. the realm financial institution is considered as the most robust overseas firms of our time. The authors severely examine the effect of the institution’s coverage and engagement prior to now decade in numerous factor parts, together with human rights, household reform, and the surroundings. the realm financial institution and Governance delves into the bowels of the area financial institution, exploring its organizational constitution, specialist tradition and bureaucratic techniques, illustrating how those form its engagement with an more and more advanced, various and demanding operational surroundings. The publication comprises chapters on under-researched divisions of the realm financial institution: the foreign Finance company and the Multilateral funding warrantly business enterprise. a number of illuminating nation stories also are incorporated, reading the area Bank's actions in Argentina, Bolivia, Lebanon, Hungary and Vietnam. This quantity may be of serious curiosity to scholars and students of diplomacy, improvement, politics and economics.
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Extra info for The World Bank and Governance: A Decade of Reform and Reaction (Routledge Warwick Studies in Globalisation)
The pervasiveness of the Bank’s organizational culture, which is derived from the professional expertise of its staff and the procedural focus of its interventions, is a theme that surfaces in many chapters. For example, Gulrajani (Chapter 3) takes the reader inside two of the Bank’s country offices and observes that the institutionalization of the CDF process can be read as the outcome of a discursive clash between technocratic and sociopolitical logics. Drawing on in-depth interviews with Bank staff, she finds that the CDF proved difficult to implement in the case of Bolivia, because it overtly challenged centralized accountability structures and the strong adherence to disbursement indicators in its country office.
Gilbert, C. L. and Vines, D. (eds) (2000) The World Bank: Structure and Policies, Cambridge: Cambridge University Press. Goldman, M. (2005) Imperial Nature: the World Bank and Struggles for Social Justice in the Age of Globalization, New Haven CT and London: Yale University Press. 24 Diane Stone and Christopher Wright Gutner, T. (2005) ‘World Bank Environmental Reform: Revisiting Lessons from Agency Theory’, International Organization 59, 773–83. Harrison, G. (2004) The World Bank and Africa: the Construction of Governance States, London and New York: Routledge.
Produced by the Bank. While these remain important texts for deciphering official policy positions and understanding the institution’s public responsibilities, they are not useful in uncovering the more informal operational debates that regularly take place within the Bank. However, ‘getting inside’ the World Bank is not easy for the researcher. It requires more of an anthropological approach – and often times, a considerable investment of time and resources – of engagement at the ‘coal face’.
The World Bank and Governance: A Decade of Reform and Reaction (Routledge Warwick Studies in Globalisation) by Stone Wright