Jump to ContentJump to Main Navigation
International DevelopmentIdeas, Experience, and Prospects$
Users without a subscription are not able to see the full content.

Bruce Currie-Alder, Ravi Kanbur, David M. Malone, and Rohinton Medhora

Print publication date: 2014

Print ISBN-13: 9780199671656

Published to Oxford Scholarship Online: April 2014

DOI: 10.1093/acprof:oso/9780199671656.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 22 September 2017

The Role and Influence of International Financial Institutions

The Role and Influence of International Financial Institutions

Chapter:
(p.831) Chapter 49 The Role and Influence of International Financial Institutions
Source:
International Development
Author(s):

Danny Leipziger

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199671656.003.0050

Development thinking has evolved from the early works of W. Arthur Lewis and Paul Rosenstein-Rodan and has been influenced by new and varied schools of thought. Emphases have shifted from capital accumulation and technical progress to human capital investment and social inclusion. Institutions have come into the equation, as has a prominent role for markets and for the state as drivers of development. Underlying these views were practicalities that shaped the way countries dealt with their need for foreign capital, the management of the macro-economy, and their responses to economic and financial crises. There was a prominent role for the so-called Bretton Woods institutions, namely, the World Bank and the International Monetary Fund, in shaping prevailing views of development and putting them into practice. This has been important, both directly and indirectly, in affecting policy choices made by developing country governments over past decades.

Keywords:   Bretton Woods institutions, World Bank ideology toward development, IMF ideology and development, changing development paradigms, international financial institutions, Bank–Fund collaboration, Bank–Fund concordat

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .