Abstract
On the same pattern as that used for the IMF, this chapter deals first with the principal provisions concerning the International Bank for Reconstruction and Development, and with its functions and significance. Its origins have already been outlined in the previous chapter. We then go on to discuss the Bank’s two affiliates — the International Development Association and the International Finance Corporation.
It will be the duty of the Bank, by wise and prudent lending, to promote a policy of expansion of the world’s economy in the sense in which this term is the exact opposite of inflation.
John Maynard Keynes
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Bibliography
A. IBRD publications
The Bank publishes regulations concerning loans and issues, an Annual report, jointly with IDA, and Summary proceedings 19—, Annual report of the Board of Governors. There are also annual reports of the ICSID and the IFC.
Since 1986 the Bank publishes The World Bank Research Observer and ICSID Review, Foreign Investment Law lournal and since 1987 The World Bank Economic Review. See also Abstracts of Current Studies and Research News.
Reports are issued periodically on operations in past years or on activities in certain parts of the world (Africa, Asia, America), e.g., IDA in retrospect: the first two decades of the International Development Association (New York, Oxford University Press, 1982).
Regularly the Bank assembles some articles about its activities from Finance and Development and publishes them separately, e.g., The World Bank and the world’s poorest (June 1980)
E. H. Rotberg, World Bank: a financial appraisal (January 1981). Another sort of publications are the World Bank Staff Working Papers, covering the whole range of Bank activities. The Sector Policy Papers review a specific field, e.g., Fishery (December 1982).
Since 1978 statistics concerning world development indicators have been published in annual reports by the World Bank: World Development Report and The World Bank Atlas.
Also of interest: J. P. Gittinger, Economic analysis of agricultural projects (Baltimore, Johns Hopkins University Press, 2nd ed., 1982)
G. M. Meier, Pricing policy for development management (Baltimore, Johns Hopkins University Press, 1983)
W. C. Baum and S. M. Tolbert, Investing in development. Lessons of World Bank experience (Oxford, Oxford University Press, 1985).
S. Edwards, Exchange-rate misalignment in developing countries (Baltimore, Johns Hopkins University Press, 1988).
B. Other publications
A. van de Laar, The World Bank and the poor (Boston, Martinus Nijhoff, 1980)
B. S. Frey and F. Schneider, Competing models of international lending activity (Stockholm, Institute for International Economic Studies, February 1983)
W. Ascher, New development approaches and the adaptability of international agencies: the case of the World Bank, International Organization, Summer 1983.
The extracts quoted are from: B. Ward and P. T. Bauer, (London, The Institute of Economic Affairs, 1966)
H. G. Johnson, book review of E. S. Mason and R. E. Asher, The World Bank since Bretton Woods (Washington, The Brookings Institution, 1974), Economica, November 1975
E. H. Rotberg, The World Bank — a financial appraisal: II, Finance and Development, December 1976
I. M. D. Little and J. M. Clifford, International aid (London, Allen & Unwin, 1965).
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van Meerhaeghe, M.A.G. (1992). The World Bank Group. In: International Economic Institutions. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-3576-4_3
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DOI: https://doi.org/10.1007/978-94-011-3576-4_3
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