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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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Identification Number: 10.2753/0577-5132530403


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:
Additional Information: © 2010 M. E. Sharpe
Divisions: International Development
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
JEL classification: F - International Economics > F3 - International Finance > F33 - International Monetary Arrangements and Institutions
Date Deposited: 11 Jan 2012 11:46
Last Modified: 19 Oct 2023 14:36

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