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The state of the World Bank

Wade, Robert Hunter (2010) The state of the World Bank. Challenge, 53 (4). pp. 43-67. ISSN 0577-5132

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Abstract

As the preeminent global development organization, the World Bank has been adapting its products, governance, and ideas to reflect the dramatic changes in its economic and political environment-but not rapidly enough. It continues to push the questionable Washington Consensus idea that integrated global markets for labor and capital are the best route to economic development, and it continues to transfer resources almost entirely through credit and debt. Still, it needs to be defended as one of the few powerful yet truly global economic forums we have.

Item Type: Article
Official URL: http://challengemagazine.com/
Additional Information: © 2010 M. E. Sharpe
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Journal of Economic Literature Classification System: F - International Economics > F3 - International Finance > F33 - International Monetary Arrangements and Institutions
Sets: Departments > International Development
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 11 Jan 2012 11:46
URL: http://eprints.lse.ac.uk/41319/

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