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Masters of illusion: the World Bank and the poverty of nations

By: Material type: TextTextPublication details: London; Macmillan Pub.; 1996Description: 432 pISBN:
  • 333662628
Subject(s): DDC classification:
  • 332.15 CAU
Summary: So what exactly is this vast institution and how does it operate? Since its inception in 1945, the World Bank has ensured unrivalled power and privilege through an insulation from public scrutiny which has surrounded it in mystery and intrigue. It was set up with a pledge to bring the Third World into the First, but fifty years later the gap between the two is wider than ever. Catherine Caufield peels back the World Bank's bureaucratic layers to reveal a development agency so focused on economic factors and political interests that it has consistently failed to see the human equation. Finished projects were never properly evaluated and whole communities relocated to make room for another dam or motorway. Masters of Illusion is a compelling study of one of the most powerful institutions in the world, of good intentions gone wrong, of how economic development leads to environmental degredation and what this promises for the future.
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Item type Current library Call number Status Date due Barcode Item holds
Books Books Gandhi Smriti Library 332.15 CAU (Browse shelf(Opens below)) Available 80795
Total holds: 0

So what exactly is this vast institution and how does it operate? Since its inception in 1945, the World Bank has ensured unrivalled power and privilege through an insulation from public scrutiny which has surrounded it in mystery and intrigue. It was set up with a pledge to bring the Third World into the First, but fifty years later the gap between the two is wider than ever.
Catherine Caufield peels back the World Bank's bureaucratic layers to reveal a development agency so focused on economic factors and political interests that it has consistently failed to see the human equation. Finished projects were never properly evaluated and whole communities relocated to make room for another dam or motorway.
Masters of Illusion is a compelling study of one of the most powerful institutions in the world, of good intentions gone wrong, of how economic development leads to environmental degredation and what this promises for the future.

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