The World Bank

The World Bank : Lending on a Global Scale

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In The World Bank a broad range of contributors assess the impact of this Bretton Woods institution. Owodunni Teriba presents an African perspective of the difficulties of structural adjustment and the humiliation of African governments by donor agencies, C.P. Chandrasekhar offers a sweeping critique of structural adjustment policy, proposing a detailed alternative; Barend A. de Vries examines the history and results of the World Bank's focus on poverty alleviation; Jacklyn Cock and E.C. Webster argue that many development projects are flawed by neglect of the social and environmental impacts and inadequate levels of public participation; David Gillies examines the case for and against applying political conditions to World Bank lending policies; and Daniel C. Milder argues that the World Bank needs to support cross-cultural coalition building as a central tenet of its reforms.
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Product details

  • Hardback | 260 pages
  • 135 x 215 x 25.4mm | 408.23g
  • London, United Kingdom
  • English
  • 0745310508
  • 9780745310503

Table of contents


1. The Challenge of Africa`s Socioeconomic Development

Owodunni Teriba

2. An Alternative to Structural Adjustment

C.P. Chandrasekhar

3. The World Bank's Focus on Poverty

Barend A. de Vries

4. Looking Before they Leap: Environmental and Social Impact Assessement

Jacklyn Cock and Eddie Webster

5. Human Rights, Democracy and Good Governance: Stretching the World Bank's Policy Frontiers

David Gillies

6. Foreign Assistance as Catalyst for Domestic Coalition Building

Daniel C. Milder



Name Index

Subject Index


Owodunni Teriba is in the UN Economic Commission for Africa, where he has been Chief of the Socio Economic Research Division since 1989 in Addis Ababa.

C P Chandrasekhar is Associate Professor at the Centre for Economic Studies at Jawaharlal Nehru University in India.

Barend de Vries is retired from the World Bank where he worked from 1956 to 1984 as an economist and chief of division in Latin America.

Eddie Webster is Professor and Head of departmenrt of Sociology at the University of Witswatersrand South Africa.

Jacklyn Cock is Professor of Sociology also at the University of Witswatersrand.

David Gillies has been a Consultant for the North South Institute, the Canadian Development International Agency


Volume I. Promoting Development: Effective Global Institutions for the Twenty-first Century

Volume II. Development: New Paradigms and Principles for the Twenty-first Century

Volume III. The World Bank: Lending on a Global Scale

Volume IV. The World's Monetary System: Towards Stability and Sustainability in the Twenty-first Century

Volume V. World Trade: Toward Fair and Free Trade in the Twenty-first Century
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About Jo Marie Griesgraber

Jo Marie Griesgraber is the Executive Director of the New Rules for Global Finance Coalition, a Washington-based international network of activists and researchers concerned with reforms of the international financial architecture. Previously, Dr. Griesgraber was Director of Policy at Oxfam America where she supervised advocacy programs on international trade, humanitarian response, global funding for basic education and extractive industries. Dr. Gunter is an international scholar in development economics. His areas of expertise include development macroeconomics, debt sustainability analysis, and the social impact of globalization. He is also interested in analyzing poverty reduction policies, macroeconomic development strategies, and the economic challenges of climate change.
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