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Author Alacevich, Michele
Title Political Economy of the World Bank : The Early Years
Imprint Herndon : The World Bank, 2008
©2009
Descript 1 online resource (218 pages)
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computer c rdamedia
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Note Intro -- Contents -- Preface xi -- Acknowledgments xv -- 1 The World Bank and Development 1 -- Historical Context 2 -- Methodological Framework 3 -- Pars Destruens 4 -- Pars Construens 8 -- 2 The Currie Mission in Colombia, 1949-1953 11 -- The Importance of the Colombia Mission for the Switchfrom Reconstruction to Development 12 -- End of the Reconstruction Phase 12 -- Initial Contacts Between the ColombianGovernment and the IBRD 15 -- The Collaboration Between Lauchlin Currie and the IBRD 22 -- The Mission Collects Information 22 -- Putting the Team Together 28 -- The First IBRD General Survey Mission, Colombia 1949 35 -- The Currie Mission Report 39 -- The Comité de Desarrollo Económico (1950-1951) andthe Consejo Nacional de Planifi cación (1952-1954) 46 -- The Evolution of the Relationship Between Currieand the World Bank 50 -- Tensions Within the Comité de Desarrollo Económico 50 -- The Difficult Beginning of the Consejo Nacionalde Planificación (1952-1953) 53 -- The End of the Affair 61 -- 3 Economic Development in Theory and Practice 64 -- Development Approaches: Balanced Versus Unbalanced Growth 66 -- Balanced Growth 67 -- Unbalanced Growth 70 -- Development Approaches: Program Loans Versus Project Loans 76 -- Program Loans 77 -- Project Loans 78 -- The Debate on Development Reverberates Inside the IBRD 79 -- Conflicting Approaches: Program Versus Project 79 -- Program Versus Project: The Bank's Changing Attitude 80 -- Autobiographical Notes 82 -- Currie Versus Hirschman: Monetary and Fiscal Policy 83 -- Currie Versus Hirschman: Iron and Steel Production 87 -- Analysis of the Currie Mission 87 -- Interests at Odds 90 -- The "Informe de la Misión Para el Comité" and the Flesher Solution 93 -- Steel and Development: Reasons for Disagreement 98 -- Analyzing the Situation 83 -- Hypotheses 84 -- The Clash 85 -- Changing Alliances 103
Agreements and Disagreements 103 -- A Sociological Interpretation of the Development Economics Debate: Robert K. Merton and the "Kindle Cole" Principle 105 -- 4 At the Root of the Bank's Policy Advice 112 -- The Urban Development Plan for Barranquilla 114 -- Request for IBRD Financing 114 -- Why Did the Bank Refuse Financing? 118 -- The IBRD and Housing Loans 120 -- The ILO Proposal and the First IBRD Comments 120 -- The Disengagement of the IBRD 122 -- Discussions at the Bank: Impact Loans and Social Loans 123 -- Impact Loans 123 -- Social Loans 127 -- The Bank's Relentless Preference for Directly Productive Loans 129 -- Raising Funds in the U.S. Capital Market 130 -- Wall Street Men 131 -- U.S. Foreign Economic Policy and the Wane of the New Deal 133 -- The Early Successes of the Bank: An Obstacle to Change 136 -- Coda: The End of the Debate 136 -- The Reorganization of 1952 136 -- Black's Bank 144 -- Conclusions 147 -- Notes 155 -- Bibliography 185 -- Index of Names 195
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Alacevich, Michele Political Economy of the World Bank : The Early Years Herndon : The World Bank,c2008 9780821376478
Subject World Bank -- History.;Economic history -- 1990-
Electronic books
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