Arbeitspapier

The World Bank as an International Financial Institution

The World Bank is a prestigious and large international financial institution. Since its foundation it has widened the scope and the size of its activities. One interpretation of what the World Bank is doing is the provision of public goods. If we take this interpretation seriously the comprehensiveness of the Bank's activity suggests that the Bank is assuming more and more the functions of a world government in the making. An alternative interpretation would look at the World Bank as a huge bureaucratic organization, acting on its own behalf. This interpretation can not be endorsed fully by the available information, but only in the sense of bureau-shaping. The Bank itself is proud of being a knowledge bank. But its actual activity is the popularization of ideas on development and not the application of research outcomes in its day-to-day operations. The most appropriate interpretation of the activity of the World Bank is that its changing scope and size is shaped heavily by pressure from different interest groups.

Language
Englisch

Bibliographic citation
Series: HWWA Discussion Paper ; No. 292

Classification
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
International Lending and Debt Problems
International Monetary Arrangements and Institutions
Subject
international lending
economic development
public goods
interest groups
Entwicklungsbank
Internationale Wirtschaftsorganisation
Internationale Kreditvergabe
Entwicklungshilfe
Öffentliches Gut
Interessenpolitik
Welt
International Bank for Reconstruction and Development

Event
Geistige Schöpfung
(who)
Shams, Rasul
Event
Veröffentlichung
(who)
Hamburg Institute of International Economics (HWWA)
(where)
Hamburg
(when)
2004

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Shams, Rasul
  • Hamburg Institute of International Economics (HWWA)

Time of origin

  • 2004

Other Objects (12)