The World Bank’s World Development Report for next year will tackle the thorny questions of which institutions can direct economic, social and environmental policies in an age of globalization.
For about a decade the World Bank has made occasional statements that countries should move away from orthodox national accounts and integrate environmental and social costs and benefits.
Drafting the 1998 World Development Report has proved so controversial that one of its co-authors resigned and the Board asked for changes which delayed its print schedule.
The 2000 Report will tackle poverty and be led by Ravi Kanbur, of Cornell University in the USA, working with a team of Bank staff including Michael Walton, Director, Poverty Reduction.
Given the lack of clarity and satisfaction about how WDRs are produced, and the difficulty of persuading the authors to recognise and include alternative views, the Bretton Woods Project has written to the Bank asking for a formal explanation.
The April 1998 Institute for Development Studies Bulletin critiques the Bank’s World Development Report, The State in a Changing World.
The Bretton Woods Project is about to be sent the yellow cover draft of the Bank’s 1998 World Development Report.
In February World Bank President James Wolfensohn met the leaders of nine religious faiths to discuss views on development.
The 1998 World Development Report (WDR) will address issues of “Knowledge and Information for Development”.