000			03180cam a2200241 i 4500
020			_a9781610911849
082	0	0	_a333.7137 _223 _bRIC/F
100	1		_aRich, Bruce.
245	1	0	_aForeclosing the future : _bthe World Bank and the politics of environmental destruction / _cBruce Rich.
260			_aWashington _bIsland Press
300			_axvi, 303 pages ;
504			_aIncludes bibliographical references and index.
520			_a"World Bank President Jim Yong Kim has vowed that his institution will fight poverty and climate change, a claim that World Bank presidents have made for two decades. But if worldwide protests and reams of damning internal reports are any indication, it is doing just the opposite. By funding development projects and programs that warm the planet and destroy critical natural resources on which the poor depend, the Bank has been hurting the very people it claims to serve. What explains this blatant contradiction?If anyone has the answer, it is arguably Bruce Rich--a lawyer and expert in public international finance who has for the last three decades studied the Bank's institutional contortions, the real-world consequences of its lending, and the politics of the global environmental crisis. What emerges from the bureaucratic dust is a disturbing and gripping story of corruption, larger-than-life personalities, perverse incentives, and institutional amnesia. The World Bank is the Vatican of development finance, and its dysfunction plays out as a reflection of the political hypocrisies and failures of governance of its 188 member countries.Foreclosing the Future shows how the Bank's failure to address the challenges of the 21st Century has implications for everyone in an increasingly interdependent world. Rich depicts how the World Bank is a microcosm of global political and economic trends--powerful forces that threaten both environmental and social ruin. Rich shows how the Bank has reinforced these forces, undercutting the most idealistic attempts at alleviating poverty and sustaining the environment, and damaging the lives of millions. Readers will see global politics on an increasingly crowded planet as they never have before--and come to understand the changes necessary if the World Bank is ever to achieve its mission"--
520			_a"Foreclosing the Future shows how the World Bank's failure to address the challenges of the 21st Century has implications for everyone in an increasingly interdependent world. Rich depicts how the World Bank is a microcosm of global political and economic trends--powerful forces that threaten both environmental and social ruin. Rich shows how the Bank has reinforced these forces, undercutting the most idealistic attempts at alleviating poverty and sustaining the environment, and damaging the lives of millions"--
650		0	_aDevelopment banks
650		0	_aEnvironmental policy
650		0	_aEconomic assistance
650		0	_aEconomic development projects
650		7	_aPOLITICAL SCIENCE / Public Policy / Environmental Policy.
650		7	_aPOLITICAL SCIENCE / International Relations / General.
650		7	_aPOLITICAL SCIENCE / Globalization.
942			_cBK
999			_c698925 _d698925