The World Bank

The World Bank

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The World Bank is dedicated to the promotion of sustainable economic development and to poverty reduction throughout the developing world. It faces new challenges as capital shortages are replaced by large but volatile capital flows. The contributors to this volume argue that the Bank's greatest asset is its accumulated knowledge and experience of the development process, and propose that it organise itself around the concept of a 'Knowledge Bank'. They propose a shift in priority, away from lending with conditionality imposed on borrowing governments, towards assistance to governments in devising good development strategies. Part I examines the existing structure of the Bank and considers the World Bank as an institution. In Part II the effectiveness of World Bank assistance is evaluated. This book provides essential reading for politicians, civil servants, workers in the non-official sector, and academics and students involved or interested in the development process.implied in being a `Knowledge Banka#39; as opposed to a Lending Bank (see Wolfensohn, 1996, for an introduction of the `Knowledge Banka#39; idea). ... But transferring resources to countries with relatively good economic management does yield substantial beneArts. ... Knowledge transfer entails a substantial commitment of staff resources for economic and sector work, research and technical assistance overanbsp;...

Title:The World Bank
Author:Christopher L. Gilbert, David Vines
Publisher:Cambridge University Press - 2006-11-02


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