Despite massive investment of money and research aimed at ameliorating third-world poverty, the development strategies of the international financial institutions over the past few decades have been a profound failure. Under the tutelage of the World Bank, developing countries have experienced lower growth and rising inequality compared to previous periods. In "Beyond the World Bank Agenda", Howard Stein argues that the controversial institution is plagued by a myopic, neoclassical mindset that wrongly focuses on individual rationality and downplays the social and political contexts that can either facilitate or impede development.Drawing on the examples of Africa, Asia, Latin America, and transitional European economies, this revolutionary volume proposes an alternative vision of institutional development with chapter-length applications to finance, state formation, and health care to provide a holistic, contextualized solution to the problems of developing nations. "Beyond the World Bank Agenda" will be essential reading for anyone concerned with forging a new strategy for sustainable development.

About the Author
Howard Stein is a professor at the University of Michigan's Center for Afro-American and African Studies. His most recent volume is Deregulation and the Banking Crisis in Nigeria: A Comparative Study.

Reviews
"Beyond the World Bank Agenda will certainly make an important and novel contribution to the literature. Howard Stein puts forward an institutional approach to development, very different and more akin to the real world than the prevailing view. Commendable." - Philip Arestis, Cambridge Center for Economic and Public Policy, Department of Land Economy, University of Cambridge"



Book Information
ISBN 9780226771670
Author Howard Stein
Format Hardback
Page Count 320
Imprint University of Chicago Press
Publisher The University of Chicago Press
Weight(grams) 709g
Dimensions(mm) 24mm * 15mm * 3mm