Jump to ContentJump to Main Navigation
Behind the Development BanksWashington Politics, World Poverty, and the Wealth of Nations$
Users without a subscription are not able to see the full content.

Sarah Babb

Print publication date: 2009

Print ISBN-13: 9780226033648

Published to Chicago Scholarship Online: March 2013

DOI: 10.7208/chicago/9780226033679.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 22 September 2021

Into the New Millennium

Into the New Millennium

(p.207) Chapter Eight Into the New Millennium
Behind the Development Banks
University of Chicago Press

This chapter examines the developments in U.S. multilateral development bank (MDB) policy during the George W. Bush administration and argues that, the spectacular rise and fall of Paul Wolfowitz at the World Bank aside, the Bush team's policies were mostly quite continuous with the past. It also reviews the main arguments of the book and their implications for the future of the MDBs. The foreign policy program, neoliberal economic policy program, performance-based management, and compassionate conservatism are the four elements of the Bush administration's overall policy program that were significant in shaping its MDB agenda. Increased congressional interest in the MDBs made the United States into the banks' leading activist shareholder. Through an application of the principles of transparency and accountability to MDB shareholders, the banks could become more responsive to the publics around the world that are affected by their ideas and activities.

Keywords:   George W. Bush, Paul Wolfowitz, World Bank, foreign policy program, neoliberal economic policy program, United States, compassionate conservatism

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.