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Beyond the World Bank Agenda: An Institutional Approach to Development

Beyond the World Bank Agenda: An Institutional Approach to Development

Paperback

AccountingEconomics

ISBN10: 022621477X
ISBN13: 9780226214771
Publisher: Univ Of Chicago Pr
Published: Oct 13 2014
Pages: 320
Weight: 1.05
Height: 0.80 Width: 6.00 Depth: 8.90
Language: English
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.

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