Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/world-scientific-publishing-company/the-world-bank-at-75-0OwZN7Sw0l
References
References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.
- Publisher
- World Scientific Publishing Company
- Copyright
- Copyright ©
- ISSN
- 1793-9933
- eISSN
- 1793-9941
- DOI
- 10.1142/S1793993316500010
- Publisher site
- See Article on Publisher Site
Abstract
As the World Bank approaches its 75th anniversary, it faces a rapidly changing global environment. Economic growth among developing countries means that, according to our projections, up to 42 current International Development Association (IDA) countries and 36 current International Bank for Reconstruction and Development (IBRD) countries could be eligible to graduate from their respective lending windows by 2019 under the bank's current rules. Changing dynamics in financial supply, both within and outside of the bank, and demand, e.g., for massive infrastructure investment or global public goods, indicate a need to rethink the bank's core lending model. This paper examines ways in which seeming immoveable forces underlying the World Bank's work might finally be ripe for change in the face of shifting development needs.
Journal
Journal of International Commerce, Economics and Policy – World Scientific Publishing Company
Published: Feb 1, 2016
Keywords: World Bank multilateral development banks development finance