This book is a fascinating study of economic history and history of economic thought. It narrates the history of the World Bank and the establishment of its role as leading development institution. The book analyzes the complexities of the Bank''s first steps towards economic and social development in poorer nations, and helps the reader understand some foundational questions about development that are still of great relevance today. The lesson that can be drawn from this book is that the World Bank and the developing countries as they are today are the result of their history--a history of constant transformation and adjustment to the ever-changing challenges of development. History shows paths of development, and as such it should not be ignored by today''s policymakers.
