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Behind the Development Banks
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Behind the Development Banks: Washington Politics, World Poverty, and the Wealth of Nations

Sarah Babb

Abstract

The World Bank and other multilateral development banks (MDBs) carry out their mission to alleviate poverty and promote economic growth based on the advice of professional economists. But as is argued in this book, these organizations have also been indelibly shaped by Washington politics, particularly by the legislative branch and its power of the purse. Tracing American influence on MDBs over three decades, this volume assesses increased congressional activism and the perpetual “selling”; of banks to Congress by the executive branch. The author contends that congressional reluctance to fund ... More

Keywords: multilateral development banks, World Bank, poverty, developing countries, United States, Washington, Congress, American politics

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780226033648
Published to Chicago Scholarship Online: March 2013 DOI:10.7208/chicago/9780226033679.001.0001

Authors

Affiliations are at time of print publication.

Sarah Babb, author