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Books > Social sciences > Politics & government > Central government > Central government policies
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U.S. Relations with the World Bank, 1945-92 (Paperback)
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U.S. Relations with the World Bank, 1945-92 (Paperback)
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Catherine Gwin examines the evolution of U.S. policy toward the
World Bank and the impact of the United States on the institution's
policies and operations. Beginning with the U.S. role in the
start-up of the Bank, Gwin describes the ebb and flow of the U.S.
support: the increasing activism of Congress in U.S.-World Bank
policy starting in the 1970s, the breakdown in the bipartisan
character of support for the Bank in the early 1980s, followed by
renewed U.S. attention in response to the debt crisis, and the
later entry of Russia and other transforming economies into the
Bank. Gwin disputes both those who see the Bank as under the thumb
of the United States and those who see it as unresponsive to U.S.
concerns. She suggests that the U.S. policy toward the World Bank
has always reflected an underlying ambivalence toward both
development assistance and multilateral cooperation. As a result,
U.S. policy in the Bank has been erraticoften reflecting the swings
in U.S. politics and foreign policy rather than presenting a
coherent view of the development financing role of the World Bank
and a rigorous concern for the effectiveness of Bank operations.
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