The World Bank : its first half century /

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Bibliographic Details
Author / Creator: Kapur, Devesh, 1959-
Other Authors / Creators:Lewis, John P. 1921-2010.
Webb, Richard Charles, 1937-
Format: Book
Imprint: Washington, D.C. : Brookings Institution, [1997]
Summary:This effort constitutes the most comprehensive and authoritative work to date on the history of the International Bank for Reconstruction and Development, or the World Bank. Author-editors John Lewis, Richard Webb, and Devesh Kapur chronicle the evolution of this institution and offer insights into its successes, failures, and prospects for the future. The result of their intense labors is an invaluable resource for other researchers and a fascinating study in its own right. The work is divided into two volumes. The first is organized thematically and examines the critical events and policy issues in the World Bank's development over the last fifty years. Chapter topics include poverty alleviation, structural adjustment lending, environmental programs, the International Finance Corporation (IFC), the International Development Association (IDA), and the evolution of the Bank as an institution. The second volume contains case studies written by experts with experience in the various regions in which the Bank operates. There are chapters on the Bank's activities in Korea, Mexico, Africa, South Asia, and Eastern Europe. Volume 2 also contains essays on the World Bank's relationship with the United States, Japan, and Western Europe, and its partnership with the International Monetary Fund (IMF). By special arrangement, the authors have had wide-ranging access to confidential documents at the World Bank, making this work a unique source of information on the internal workings of this critical institution. They have also drawn on extensive interviews with current and past Bank officials. Moreover, publication could not be more timely, coming as it does when many in the development community and in the U.S. Congress are questioning the Bank's track record and even its reason for existence. The World Bank: Its First Half Century will be of great interest not only to development practitioners but also to students of international relations, development economics, and global finance. During the course of the project, John P. Lewis and Richard Webb were nonresident senior fellows, and Devesh Kapur was a program associate, in the Foreign Policy Studies program at the Brookings Institution. Lewis is professor emeritus at Princeton University and formerly served as chairman of the Overseas Development Council. Webb is managing director of Instituto Cuanto and formerly served as governor at the Central Reserve Bank of Peru and governor at the International Monetary Fund.
Physical Description:2 volumes : illustrations ; 25 cm
Bibliography:Includes bibliographical references and indexes.
Author Notes:Alex Duncan is Program Director of the Food Studies Group, Oxford University.
Francisco Ferreira is an Economist with the East Asia and Pacific Region of the World Bank.
S. Guhan is an Emeritus Fellow of the Madras Institute for Development Studies, India.
Catherine Gwin is Vice President of Studies at the Overseas Development Council.
Toyoo Gyohten is former Chairman of the Board of Directors, Bank of Tokyo Ltd., and former Vice Minister of Finance for International Affairs, Japan.
Jonas Haralz is former Executive Director of the World Bank for Nordic Countries.
Devesh Kapur is Assistant Professor of Government at Harvard University.
Mahn-Je Kim is Chairman of POSCO and former Deputy Prime Minister and Minister of Economic Planning of Korea.
Hilmar Kopper is at Deutsche Bank AG.
Carol Lancaster is a Professor at Georgetown University.
John P. Lewis is Professor of Economics and International Affairs Emeritus, Princeton University.
Bakary Ouayogode is Director of Research Programs, MRSEPT.
Jacques Pegatienan is at the Universite Nationale de Cote d'Ivoire.
Jacques Polak is President of the Per Jacobbsen Foundation and former Director of Research and former member of the Executive Board of the International Monetary Fund.
Nicholas Stern is a Professor at the London School of Economics and Chief Economist at the European Bank for Reconstruction and Development.
Carlos M. Urzua is at El Colegio de Mexico.
Robert Wade is Professor of Political Science at the Watson Institute for International Studies at Brown University.
Richard Webb is Chairman of Cuanto S.A., Lima, Peru