《Why We Still Need the World Bank》.pdfVIP

EBSCOhost /prx/000/http//e... 记录: 1 Why We Still Need the World Bank. By: Zoellick, Robert B. Foreign Affairs. Mar/Apr2012, Vol. 91 Issue 2, p66-78. 13p. Abstract: The essay explains the importance of the World Bank to constructing a just international economic order. The author explains that the organization promotes economic development and multilateralism in the wake of the 2008 global financial crisis. It has been important in developing international food security, and works to promote economic recovery in developing nations. (AN: 数据库: Business Source Complete Why We Still Need the World Bank Looking Beyond Aid IN 2007, the World Bank was in crisis. Some saw conflicts over its leadership. Others blamed the institution itself. When the International Bank for Reconstruction and Development, the cornerstone of what became the World Bank Group, was founded in 1944, poor and war-torn countries had little access to private capital. Sixty years later, however, private-sector financial flows dwarfed public development assistance. The time when middle-income countries depended on official assistance is thus past, Jessica Einhorn, a former managing director of the World Bank wrote in these pages in 2006, and the IBRD seems to be a dying institution. In roundtable discussions and op-ed pages, the question was the same: Do we still need the World Bank