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Author Toussaint, Eric, author.

Title The World Bank : a critical primer / Eric Toussaint ; translated by Elizabeth Anne [and 10 others] ; edited by Sylvain Dropsy
Published London : Pluto Press, 2008

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Description 1 online resource (xvi, 314 pages)
Contents Introduction -- The creation of the Bretton Woods institutions -- The first years of the World Bank (1946-62) -- Difficult beginnings between the UN and the World Bank -- The post-1945 context : the Marshall Plan and US bilateral aid -- A bank under the influence -- World Bank and IMF support of dictatorships -- The World Bank and the Philippines (1946-90) -- The World Bank's support of the dictatorship in Turkey -- The World Bank in Indonesia, a textbook case of intervention -- The World Bank's theories of development -- South Korea : the miracle unmasked -- The debt trap -- The World Bank saw the debt crisis looming -- The Mexican debt crisis and the World Bank -- The World Bank and the IMF : the creditors' bailiffs -- Presidents Barber Conable and Lewis Preston (1986-95) -- James Wolfensohn switches on the charm (1995-2005) -- Debates in Washington at the start of the twenty-first century -- The World Bank's accounts -- Paul Wolfowize, tenth World Bank president -- Structural adjustment and the Washington concensus : are they things of the past? -- The World Bank and respect for human rights -- Time to put an end to World Bank impunity -- An indictment of the World Bank -- Appendix: The World Bank group fact sheet -- Afterword: The World Bank : hands up, this is a hold-up! -- Glossary
Summary The World Bank is a controversial organisation. It is widely viewed with suspicion, as the international economic arm of the US, in thrall to the President who is responsible for appointing the head of the Bank. Eric Toussaint gives a highly readable account of just why the World Bank has become so powerful. In short, clear chapters he shows how the bank operates, who funds it, and what it sets out to promote. The Bank's main purpose is to grant loans to all the newly independent states of the developing world, to help them on their journey to recovery after colonial occupation. In reality, the conditions imposed on these states -- including enforced privatisation of all public services, and enforced neo-liberal rules on trade -- mean that the Bank has become the new colonial authority in everything but name. This is a perfect book for anyone looking for a critical introduction to the history of the Bank and its role in world affairs
Bibliography Includes bibliographical references (pages 304-309) and index
Notes Translated from the French
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
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Subject World Bank.
SUBJECT World Bank fast
Subject Economic assistance -- Developing countries -- Evaluation
Conditionality (International relations)
BUSINESS & ECONOMICS -- Banks & Banking.
BUSINESS & ECONOMICS -- Economics -- Theory.
Colonial influence
Conditionality (International relations)
Economic assistance -- Evaluation
SUBJECT Developing countries -- Colonial influence
Subject Developing countries
Form Electronic book
Author Dropsy, Sylvain, editor.
Anne, Elizabeth, translator
LC no. 2008273544
ISBN 9781849643764
1849643768