Between the Lines

Between the Lines

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The World Bank

A Critical Primer

By Eric Toussaint  

The World Bank
  • Paperback / softback
    $26.95

Widely viewed with suspicion as the international economic arm of the U.S. government, the World Bank has become overwhelmingly powerful. Eric Toussaint gives a highly readable account of how this happened. In concise chapters he shows how the bank operates, who funds it, and what it sets out to promote. The World Bank’’s avowed purpose is to grant loans to the independent states of the developing world, to help them on their journey to recovery after colonial occupation. In reality, the conditions imposed on these states—including enforced privatization of all public services, and enforced neo-liberal rules on trade—mean that the Bank has become the new colonial authority in everything but name.

This ambitious and critical study is a perfect book for anyone looking for a comprehensive history of the Bank and its role in world affairs.

  • Paperback / softback, 336 pages
  • ISBN 9781897071380
  • Published December 2007

Reviews

Studies the evolution of the debt of Southern countries with painstaking precision and patience.

– Jean Ziegler, United Nations Special Rapporteur on the Right to Food

Eric Toussaint has once again provided absolutely critical information. Anyone concerned with how excessive Northern wealth flows from sustained Southern poverty needs this analysis.

– Patrick Bond, Director, University of KwaZulu-Natal Centre for Civil Society, Durban, South Africa

Table of Contents

About this Book
Terminology
Introduction
Chapter 1 The Creation of the Bretton Woods Institutions
Chapter 2 The First Years of the World Bank (1946-1962)
Chapter 3 Difficult Beginnings Between the UN and the World Bank
Chapter 4 The post-World War II Context - the Marshall Plan and US Bilateral Aid
Chapter 5 A Bank Under the Influence
Chapter 6 World Bank and IMF Support of Dictatorships
Chapter 7 World Bank and IMF Support of Dictatorships
Chapter 8 World Bank and IMF Support of Dictatorships
Chapter 9 The Bank in Indonesia: A Textbook Case of Intervention
Chapter 10 The World Bank's Theories on Development
Chapter 11 South Korea: the Miracle Unmasked
Chapter 12 The Debt Trap
Chapter 13 The World Bank Saw the Debt Crisis Looming
Chapter 14 The Mexican Debt Crisis and the World Bank
Chapter 15 The World Bank and the IMF: The Creditors’ Bailiffs
Chapter 16 Presidents Barber Conable and Lewis Preston (1986-1995)
Chapter 17 James Wolfensohn Switches on the Charm (1995-2005)
Chapter 18 James Wolfensohn Switches on the Charm (1995-2005)
Chapter 19 The World Bank's Accounts
Chapter 20 Paul Wolfowitz, 10th World Bank President
Chapter 21 Paul Wolfowitz, 10th World Bank President
Chapter 22 Paul Wolfowitz, 10th World Bank President
Chapter 23 Time to Put an End to World Bank Impunity
Chapter 24 An Indictment of the World Bank
Appendix The World Bank Group Fact Sheet
Afterword
Glossary
Notes
Bibliography
Index

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