The World Bank and Global Managerialism
By (author) Jonathan Murphy
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World Bank and Global Managerialism by Jonathan Murphy
Book DescriptionIn recent years, a great deal of scholarly and popular ink has been spilled on the subject of globalization. Relatively few scholars have addressed the political sociology of globalization, and specifically, the emergence of global class formations and a nascent global governance framework. This book is a contribution towards redressing this imbalance. The book traces the emergence of the World Bank as a key driver of globalization, and as a central source of an evolving form of elite-driven transnational governance which the author describes as 'global managerialism'. The book argues that the Bank has expanded its sphere of activity far beyond provision of low-cost capital for development projects, and plays a central role in pursuing global economic and social policy homogenization. The World Bank and Global Managerialism features a new theoretical approach to globalization, developed through an analytical exposition of the key stages in the institution's growth since its creation at the Bretton Woods conference of 1944. The author details the contemporary Bank's central policy framework, which includes the intertwining of public and private initiatives and the extension of global governance into ever-wider policy and geographic spheres. He also argues that contemporary globalization marks the emergence of a transnational elite, straddling the corporate, government, and civil society sectors. The book provides two detailed case studies that demonstrate the practical analytical utility of the theory of global managerialism. The theoretical approach provides a robust but flexible framework for understanding contemporary global development. It is essential reading for courses in areas such as International Organizations, Global Political Economy, and Globalization and its Discontents, and is also relevant to students of development policy and international economic architecture, among others.
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Book DetailsISBN: 9780415412698
(234mm x 156mm x mm)
Publisher: Taylor & Francis Ltd
Publish Date: 29-Nov-2007
Country of Publication: United Kingdom
Books By Author Jonathan Murphy
History of Madness, Paperback (March 2009)» View all books by Jonathan Murphy
Begins in the Middle Ages with vivid descriptions of the exclusion and confinement of lepers. Why, the author asks, when the leper houses were emptied at the end of the Middle Ages, were they turned into places of confinement for the mad? Why, within the space of several months in 1656, was one out of every hundred people in Paris confined?
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Author Biography - Jonathan Murphy
Jonathan Murphy is Lecturer in International Management at Cardiff Business School, Wales.
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