American Politics, the Presidency of the World Bank, and Development Policy

The World Bank's president has been an American by tradition. Yet little work has explored the consequences for this connection in influencing visions of development in the organization across time. This paper uses evidence from archives, cong...

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Main Author:	Lavelle, Kathryn C.
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ACCESS TO CAPITAL ACCESS TO CREDIT ALLIANCES APPOINTEES ASSETS AUTONOMY BANK LOANS BANK OF CANADA BANK OFFICIALS BANKING SECTOR BOARD MEMBER BOARD MEMBERS CAPITAL FLOWS CAPITAL MARKETS CEO CIVIL SERVANT COLLECTIVE COMMERCIAL BANKS COMPANY CORRUPTION CREDITWORTHINESS DEBT DEVELOPMENT BANKS ECONOMIC DEVELOPMENT ECONOMIC POLICY EMERGENCY COMMITTEE EMERGING MARKETS ENVIRONMENTAL PROTECTION EXECUTIVE AGREEMENTS FAMINE FEDERAL RESERVE FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FOREIGN AFFAIRS FOREIGN CURRENCY FOREIGN RELATIONS FREE PRESS GLOBAL GOVERNANCE GOVERNANCE ARRANGEMENTS HUMAN RIGHTS INDIVIDUALS INEQUALITY INFORMATION MANAGEMENT INITIATIVE INSURANCE INSURANCE COMPANIES INTERNATIONAL BANK INTERNATIONAL LAW INVESTMENT BANKING ISOLATIONISM JUDICIAL SYSTEMS JUSTICE LEADERSHIP LEGISLATION LENDING POLICIES LIMITED LOAN LOAN CONDITIONS MIGRATION MULTILATERALISM MUNICIPAL BONDS NARROW BANKING NATIONAL BANK NEGOTIATIONS NON-GOVERNMENTAL ORGANIZATIONS NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PENSION FUNDS POLITICAL PARTIES POLITICAL PARTY PRIVATE BANKS PRIVATE ENTERPRISE PRIVATE INVESTORS PROCUREMENT PROTéGé SAFETY SAFETY NET SANCTION SAVINGS SAVINGS BANKS SCHOLARSHIP SECURITIES SHAREHOLDER SOCIAL WELFARE SOCIETY SOURCES OF FINANCE STAKEHOLDERS TECHNICAL ASSISTANCE UNIVERSITIES WAR WORLD HEALTH ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2013/03/17408303/american-politics-presidency-world-bank-development-policy http://hdl.handle.net/10986/13147

id	okr-10986-13147
recordtype	oai_dc
spelling	okr-10986-131472021-04-23T14:03:07Z American Politics, the Presidency of the World Bank, and Development Policy Lavelle, Kathryn C. ACCESS TO CAPITAL ACCESS TO CREDIT ALLIANCES APPOINTEES ASSETS AUTONOMY BANK LOANS BANK OF CANADA BANK OFFICIALS BANKING SECTOR BOARD MEMBER BOARD MEMBERS CAPITAL FLOWS CAPITAL MARKETS CEO CIVIL SERVANT COLLECTIVE COMMERCIAL BANKS COMPANY CORRUPTION CREDITWORTHINESS DEBT DEVELOPMENT BANKS ECONOMIC DEVELOPMENT ECONOMIC POLICY EMERGENCY COMMITTEE EMERGING MARKETS ENVIRONMENTAL PROTECTION EXECUTIVE AGREEMENTS FAMINE FEDERAL RESERVE FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FOREIGN AFFAIRS FOREIGN CURRENCY FOREIGN RELATIONS FREE PRESS GLOBAL GOVERNANCE GOVERNANCE ARRANGEMENTS HUMAN RIGHTS INDIVIDUALS INEQUALITY INFORMATION MANAGEMENT INITIATIVE INSURANCE INSURANCE COMPANIES INTERNATIONAL BANK INTERNATIONAL LAW INVESTMENT BANKING ISOLATIONISM JUDICIAL SYSTEMS JUSTICE LEADERSHIP LEGISLATION LENDING POLICIES LIMITED LOAN LOAN CONDITIONS MIGRATION MULTILATERALISM MUNICIPAL BONDS NARROW BANKING NATIONAL BANK NEGOTIATIONS NON-GOVERNMENTAL ORGANIZATIONS NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PENSION FUNDS POLITICAL PARTIES POLITICAL PARTY PRIVATE BANKS PRIVATE ENTERPRISE PRIVATE INVESTORS PROCUREMENT PROTéGé SAFETY SAFETY NET SANCTION SAVINGS SAVINGS BANKS SCHOLARSHIP SECURITIES SHAREHOLDER SOCIAL WELFARE SOCIETY SOURCES OF FINANCE STAKEHOLDERS TECHNICAL ASSISTANCE UNIVERSITIES WAR WORLD HEALTH ORGANIZATION The World Bank's president has been an American by tradition. Yet little work has explored the consequences for this connection in influencing visions of development in the organization across time. This paper uses evidence from archives, congressional hearing records, and memoirs and histories of World Bank presidents to investigate United States-World Bank relations and development policy during four presidencies--Eugene Meyer, Eugene Black, Robert McNamara, and James Wolfensohn. The author argues that at times the political arrangements had the effect of pushing the Bank toward greater institutional independence from the United States, particularly when partisanship in American politics rose and new United States presidential administrations came into office with the World Bank president's term holding over from before. At other times, United States-World Bank connections pulled the Bank into foreign policy issues in the United States that the Bank might not otherwise have addressed when advocates pressed their case on Capitol Hill. 2013-04-11T16:08:27Z 2013-04-11T16:08:27Z 2013-03 http://documents.worldbank.org/curated/en/2013/03/17408303/american-politics-presidency-world-bank-development-policy http://hdl.handle.net/10986/13147 English en_US Policy Research Working Paper;No. 6377 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research UNITED STATES
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCESS TO CAPITAL ACCESS TO CREDIT ALLIANCES APPOINTEES ASSETS AUTONOMY BANK LOANS BANK OF CANADA BANK OFFICIALS BANKING SECTOR BOARD MEMBER BOARD MEMBERS CAPITAL FLOWS CAPITAL MARKETS CEO CIVIL SERVANT COLLECTIVE COMMERCIAL BANKS COMPANY CORRUPTION CREDITWORTHINESS DEBT DEVELOPMENT BANKS ECONOMIC DEVELOPMENT ECONOMIC POLICY EMERGENCY COMMITTEE EMERGING MARKETS ENVIRONMENTAL PROTECTION EXECUTIVE AGREEMENTS FAMINE FEDERAL RESERVE FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FOREIGN AFFAIRS FOREIGN CURRENCY FOREIGN RELATIONS FREE PRESS GLOBAL GOVERNANCE GOVERNANCE ARRANGEMENTS HUMAN RIGHTS INDIVIDUALS INEQUALITY INFORMATION MANAGEMENT INITIATIVE INSURANCE INSURANCE COMPANIES INTERNATIONAL BANK INTERNATIONAL LAW INVESTMENT BANKING ISOLATIONISM JUDICIAL SYSTEMS JUSTICE LEADERSHIP LEGISLATION LENDING POLICIES LIMITED LOAN LOAN CONDITIONS MIGRATION MULTILATERALISM MUNICIPAL BONDS NARROW BANKING NATIONAL BANK NEGOTIATIONS NON-GOVERNMENTAL ORGANIZATIONS NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PENSION FUNDS POLITICAL PARTIES POLITICAL PARTY PRIVATE BANKS PRIVATE ENTERPRISE PRIVATE INVESTORS PROCUREMENT PROTéGé SAFETY SAFETY NET SANCTION SAVINGS SAVINGS BANKS SCHOLARSHIP SECURITIES SHAREHOLDER SOCIAL WELFARE SOCIETY SOURCES OF FINANCE STAKEHOLDERS TECHNICAL ASSISTANCE UNIVERSITIES WAR WORLD HEALTH ORGANIZATION
spellingShingle	ACCESS TO CAPITAL ACCESS TO CREDIT ALLIANCES APPOINTEES ASSETS AUTONOMY BANK LOANS BANK OF CANADA BANK OFFICIALS BANKING SECTOR BOARD MEMBER BOARD MEMBERS CAPITAL FLOWS CAPITAL MARKETS CEO CIVIL SERVANT COLLECTIVE COMMERCIAL BANKS COMPANY CORRUPTION CREDITWORTHINESS DEBT DEVELOPMENT BANKS ECONOMIC DEVELOPMENT ECONOMIC POLICY EMERGENCY COMMITTEE EMERGING MARKETS ENVIRONMENTAL PROTECTION EXECUTIVE AGREEMENTS FAMINE FEDERAL RESERVE FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TRANSACTIONS FOREIGN AFFAIRS FOREIGN CURRENCY FOREIGN RELATIONS FREE PRESS GLOBAL GOVERNANCE GOVERNANCE ARRANGEMENTS HUMAN RIGHTS INDIVIDUALS INEQUALITY INFORMATION MANAGEMENT INITIATIVE INSURANCE INSURANCE COMPANIES INTERNATIONAL BANK INTERNATIONAL LAW INVESTMENT BANKING ISOLATIONISM JUDICIAL SYSTEMS JUSTICE LEADERSHIP LEGISLATION LENDING POLICIES LIMITED LOAN LOAN CONDITIONS MIGRATION MULTILATERALISM MUNICIPAL BONDS NARROW BANKING NATIONAL BANK NEGOTIATIONS NON-GOVERNMENTAL ORGANIZATIONS NONGOVERNMENTAL ORGANIZATIONS PARTNERSHIP PENSION FUNDS POLITICAL PARTIES POLITICAL PARTY PRIVATE BANKS PRIVATE ENTERPRISE PRIVATE INVESTORS PROCUREMENT PROTéGé SAFETY SAFETY NET SANCTION SAVINGS SAVINGS BANKS SCHOLARSHIP SECURITIES SHAREHOLDER SOCIAL WELFARE SOCIETY SOURCES OF FINANCE STAKEHOLDERS TECHNICAL ASSISTANCE UNIVERSITIES WAR WORLD HEALTH ORGANIZATION Lavelle, Kathryn C. American Politics, the Presidency of the World Bank, and Development Policy
geographic_facet	UNITED STATES
relation	Policy Research Working Paper;No. 6377
description	The World Bank's president has been an American by tradition. Yet little work has explored the consequences for this connection in influencing visions of development in the organization across time. This paper uses evidence from archives, congressional hearing records, and memoirs and histories of World Bank presidents to investigate United States-World Bank relations and development policy during four presidencies--Eugene Meyer, Eugene Black, Robert McNamara, and James Wolfensohn. The author argues that at times the political arrangements had the effect of pushing the Bank toward greater institutional independence from the United States, particularly when partisanship in American politics rose and new United States presidential administrations came into office with the World Bank president's term holding over from before. At other times, United States-World Bank connections pulled the Bank into foreign policy issues in the United States that the Bank might not otherwise have addressed when advocates pressed their case on Capitol Hill.
format	Publications & Research :: Policy Research Working Paper
author	Lavelle, Kathryn C.
author_facet	Lavelle, Kathryn C.
author_sort	Lavelle, Kathryn C.
title	American Politics, the Presidency of the World Bank, and Development Policy
title_short	American Politics, the Presidency of the World Bank, and Development Policy
title_full	American Politics, the Presidency of the World Bank, and Development Policy
title_fullStr	American Politics, the Presidency of the World Bank, and Development Policy
title_full_unstemmed	American Politics, the Presidency of the World Bank, and Development Policy
title_sort	american politics, the presidency of the world bank, and development policy
publisher	World Bank, Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2013/03/17408303/american-politics-presidency-world-bank-development-policy http://hdl.handle.net/10986/13147
_version_	1764422793077719040

American Politics, the Presidency of the World Bank, and Development Policy

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