Development Agency or Bank? Vision and Strategy of the World Bank in the 50’s and 60’s
AbstractUntil the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. This paper brings together historical analysis and theories of organization development to reveal that the Bank was unwilling to lend for housing programs not because these were not sound, but because they were geared toward achieving social welfare objectives and were not directly linked to productive investment projects, such as dams, power stations, and railroads. It was not until the late 1960s that the Bank began to take social issues into consideration, rather late compared with other multilateral institutions.
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Bibliographic InfoArticle provided by Associazione Rossi Doria in its journal QA.
Volume (Year): (2010)
Issue (Month): 1 (March)
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More information through EDIRC
World bank; Development policies; Housing; Evolutionary theories of organizations;
Find related papers by JEL classification:
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative
- N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative
- O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
- O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hicks, Norman L., 1982. "Sector priorities in meeting basic needs: some statistical evidence," World Development, Elsevier, vol. 10(6), pages 489-499, June.
- Hicks, Norman L., 1979. "Growth vs basic needs: Is there a trade-off?," World Development, Elsevier, vol. 7(11-12), pages 985-994.
- Barber,William J., 1996. "Designs within Disorder," Cambridge Books, Cambridge University Press, number 9780521560788, November.
- Hicks, Norman & Streeten, Paul, 1979. "Indicators of development: The search for a basic needs yardstick," World Development, Elsevier, vol. 7(6), pages 567-580, June.
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