- Published in print:
- 2009
- Published Online:
- June 2013
- ISBN:
- 9780804760652
- eISBN:
- 9780804770798
- Item type:
- chapter
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804760652.003.0002
- Subject:
- Economics and Finance, Macro- and Monetary Economics
This chapter examines the relationship between the World Bank and Colombia, focusing on the Currie Mission of 1949, which, it suggests, was the first trial by fire for the Bank, and highlights its ...
More
This chapter examines the relationship between the World Bank and Colombia, focusing on the Currie Mission of 1949, which, it suggests, was the first trial by fire for the Bank, and highlights its importance in the transition of the Bank from reconstruction to development mission. It also discusses the internal tensions that affected the mission which resulted in the complete breakup between the Bank and Lauchlin Currie, the head of the Colombian mission.Less
This chapter examines the relationship between the World Bank and Colombia, focusing on the Currie Mission of 1949, which, it suggests, was the first trial by fire for the Bank, and highlights its importance in the transition of the Bank from reconstruction to development mission. It also discusses the internal tensions that affected the mission which resulted in the complete breakup between the Bank and Lauchlin Currie, the head of the Colombian mission.
Michele Alacevich
- Published in print:
- 2009
- Published Online:
- June 2013
- ISBN:
- 9780804760652
- eISBN:
- 9780804770798
- Item type:
- book
- Publisher:
- Stanford University Press
- DOI:
- 10.11126/stanford/9780804760652.001.0001
- Subject:
- Economics and Finance, Macro- and Monetary Economics
This book is a study of economic history. It describes what is perhaps the most crucial time for development economics: the birth of the “third world,” the creation of development economics as a ...
More
This book is a study of economic history. It describes what is perhaps the most crucial time for development economics: the birth of the “third world,” the creation of development economics as a discipline, and the establishment of the World Bank's leading role in development. Using previously unavailable archival material, the text takes a close look at the years during which the International Bank for Reconstruction and Development—now known as the World Bank—turned its attention from reconstruction to development, having been upstaged by the Marshall Plan. The author describes the “Currie Mission” to Colombia (1949–1954), the World Bank's first general survey mission in a developing nation. With the Currie Mission as a starting point and a case study, he analyzes the complexities of the Bank's first steps toward 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 book is essential reading for anyone interested in the economic history of international development as a lens for better understanding current development issues.Less
This book is a study of economic history. It describes what is perhaps the most crucial time for development economics: the birth of the “third world,” the creation of development economics as a discipline, and the establishment of the World Bank's leading role in development. Using previously unavailable archival material, the text takes a close look at the years during which the International Bank for Reconstruction and Development—now known as the World Bank—turned its attention from reconstruction to development, having been upstaged by the Marshall Plan. The author describes the “Currie Mission” to Colombia (1949–1954), the World Bank's first general survey mission in a developing nation. With the Currie Mission as a starting point and a case study, he analyzes the complexities of the Bank's first steps toward 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 book is essential reading for anyone interested in the economic history of international development as a lens for better understanding current development issues.
