Summary

This concluding book in the Multilateral Development Bank series draws on the insights presented in the other volumes to summarize the present and future of multilateral development banks as a genre of development agencies.Culpeper goes beyond the scope of the previous volumes in two ways. First, he provides extensive discussion of the World Bank Group - the International Bank for Reconstruction and Development, the International Development Association, and the International Finance Corporation. Secondly, he discusses the evolution of development theory and development-promotion which sets the context for the growth of multilateral development bank activity over the last half-century. For those with an interest in the role of the multilateral development banks, this book provides an excellent overview of the group.