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Development Agency or Bank? Vision and Strategy of the World Bank in the 50’s and 60’s

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  • Michele Alacevich
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    Abstract

    Until 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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    File URL: http://www.francoangeli.it/riviste/Scheda_Riviste.asp?IDArticolo=38673&Tipo=Articolo%20PDF&lingua=it
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    Bibliographic Info

    Article provided by Associazione Rossi Doria in its journal QA.

    Volume (Year): (2010)
    Issue (Month): 1 (March)
    Pages:

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    Handle: RePEc:rar:journl:0127

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    Related research

    Keywords: World bank; Development policies; Housing; Evolutionary theories of organizations;

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    1. Barber,William J., 1996. "Designs within Disorder," Cambridge Books, Cambridge University Press, number 9780521560788, November.
    2. Hicks, Norman L., 1979. "Growth vs basic needs: Is there a trade-off?," World Development, Elsevier, vol. 7(11-12), pages 985-994.
    3. 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.
    4. Hicks, Norman L., 1982. "Sector priorities in meeting basic needs: some statistical evidence," World Development, Elsevier, vol. 10(6), pages 489-499, June.
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