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Masters of illusion : the World Bank and the poverty of nations

Author: Catherine Caufield
Publisher: New York : Henry Holt, 1996.
Edition/Format:   Book : English : 1st edView all editions and formats
Database:WorldCat
Summary:
This is the story of good intentions gone wrong. It begins in 1945 with a pledge to end poverty through a newly created international banking institution. Staffed by the most talented economists from the best universities, the World Bank embarked on this task with the self-assurance only technicians isolated from reality can possess. Fifty years later, the gap between the rich and the underdeveloped nations is wider
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Details

Document Type: Book
All Authors / Contributors: Catherine Caufield
ISBN: 0805028757 9780805028751
OCLC Number: 34553508
Notes: "A Marian Wood book."
Description: xii, 432 pages ; 24 cm
Contents: Prologue: Not a Normal Bank --
1. The Holiest River --
2. Going Wild on Borrowing --
3. A Better World --
4. A New Brand of Magician --
5. Talismans of Change --
6. For God's Sake, Listen --
7. McNamara's Ghosts --
8. All Hold Hands and Jump --
9. Billion-Dollar Pipelines --
10. When People Find Out --
11. Whispers at the Water Cooler --
12. The New Maharajahs --
13. Supremely Self-Confident --
14. Enclaves of Experts --
15. Cheap Theatrics --
16. Sibling Rivalry --
17. A Relationship Bank --
Epilogue: Fifty Glorious Years.
Other Titles: World Bank and the poverty of nations
Responsibility: Catherine Caufield.

Abstract:

This is the story of good intentions gone wrong. It begins in 1945 with a pledge to end poverty through a newly created international banking institution. Staffed by the most talented economists from the best universities, the World Bank embarked on this task with the self-assurance only technicians isolated from reality can possess. Fifty years later, the gap between the rich and the underdeveloped nations is wider than ever, thanks in no small part to the measures taken by the World Bank. Its policies have destroyed indigenous economies and cultures, seriously damaged the environment and depleted scarce resources, propped up corrupt regimes, and pauperized the Third World.

Working with primary materials, some in the public domain, some leaked to her privately, Catherine Caufield traces the history of this institution with insight and intelligence. Here are the people in power - and the powerless people they have manipulated - and here are the projects and policies that have so degraded our physical and social landscapes.

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