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The Role of the World Bank

In: Aid and Influence

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  • Jack Parkinson

Abstract

The World Bank is the most powerful international agency concerned with economic development. It is for this reason that some special aspects of the World Bank’s influence on events in Bangladesh are examined in a wider setting. Its programmes may or may not be greater than those of other aid-givers but the Bank is invariably regarded by its members as being in the position of giving leadership to their activities. This reflects the prestige that it has built up over the years, based on the high quality of the individuals it employs and its vast and specialised resources. Nowhere else in the world is there such a concentration of talent and know-how directed to the business of development. It has the resources to monitor continually the economies of the countries with which it is concerned and to report on them for the benefit of Bank members; it studies each aspect of the economy in depth and it has the technical knowledge of project preparation and lending for development that can be matched nowhere else.

Suggested Citation

  • Jack Parkinson, 1981. "The Role of the World Bank," Palgrave Macmillan Books, in: Just Faaland (ed.), Aid and Influence, chapter 10, pages 147-164, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05472-5_10
    DOI: 10.1007/978-1-349-05472-5_10
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