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Under the tutelage of the World Bank, developing countries have experienced lower growth and rising inequality, compared to previous periods. Stein argues that the Bank is plagued by a myopic, neoclassical mindset that wrongly focuses on individual rationality and downplays the social and political contexts that influence development.
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1
Beyond the World Bank Agenda: An Institutional Approach to Development
Oct 13, 2014, University of Chicago Press, University Of Chicago Press
paperback
022621477X 9780226214771
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2
Beyond the World Bank Agenda: an Institutional Approach to Development
2009, University of Chicago Press
in English
1281966541 9781281966544
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3
Beyond the World Bank Agenda
2008, University of Chicago Press
Electronic resource
in English
0226771652 9780226771656
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4
Beyond the World Bank Agenda: An Institutional Approach to Development
July 1, 2008, University Of Chicago Press
Hardcover
in English
0226771679 9780226771670
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Work Description
Despite massive investment of money and research aimed at ameliorating third-world poverty, the development strategies of the international financial institutions over the past few decades have been a profound failure. Under the tutelage of the World Bank, developing countries have experienced lower growth and rising inequality compared to previous periods. In Beyond the World Bank Agenda, Howard Stein argues that the controversial institution is plagued by a myopic, neoclassical mindset that wrongly focuses on individual rationality and downplays the social and political contexts that can either facilitate or impede development.Drawing on the examples of Africa, Asia, Latin America, and transitional European economies, this revolutionary volume proposes an alternative vision of institutional development with chapter-length applications to finance, state formation, and health care to provide a holistic, contextualized solution to the problems of developing nations. Beyond the World Bank Agenda will be essential reading for anyone concerned with forging a new strategy for sustainable development.
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