The Political Economy of Development

Any student, academic, or practitioner wanting to succeed in development studies, radical or mainstream, must understand the World Bank's role and the evolution of its thinking and activities. The Political Economy of Development provides tools for gaining this understanding and applies them across a range of topics. The research, practice and scholarship of development are always set against the backdrop of the World Bank, whose formidable presence shapes both development practice and thinking. This book brings together academics that specialize in different subject areas of development and reviews their findings in the context of the World Bank as knowledge bank, policy-maker and financial institution. The volume offers a compelling contribution to our understanding of development studies and of development itself. The Political Economy of Development is an invaluable critical resource for students, policy-makers, and activists in development studies.

Kate Bayliss has been working on public sector reform for over a decade with particular focus on privatization of water and electricity. She has worked as a consultant for international agencies and NGOs.
Ben Fine is Professor of Economics at the School of Oriental and African Studies, University of London. He is the author of Theories of Social Capital (Pluto, 2010) and co-authored From Economics Imperialism to Freakonomics, awarded the Deutscher Memorial Prize, 2009, and From Political Economy to Economics, awarded the Gunnar Myrdal Prize, 2009.
Elisa Van Waeyenberge has worked on the World Bank for over a decade. She lectures at SOAS and consults for international organizations.