Banking On The Poor: The World Bank and World Poverty (MIT Press)

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9780262510288: Banking On The Poor: The World Bank and World Poverty (MIT Press)

Banking on the Poor traces the evolution of Robert McNamara's poverty-oriented redirections at the World Bank from 1968 to 1981.

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"In producing what will probably be the definitive book on the changing role of the bank during the McNamara years, Mr. Ayres, a Fellow with the Overseas Development Council, interviewed some 300 officials and obtained access to a considerable number of internal documents of the bank which is, as he observes, 'not a noticeably open institution.'"He describes internal and external political constraints on the World Bank as it developed specific poverty-oriented projects in rural and urban areas worldwide under Mr. McNamara, and speculates that, under its new president, A. W. Clausen... the World Bank is likely to become more conservative. " Carl Marcy The New York Times Book Review

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Robert L Ayres
Published by The MIT Press (1984)
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