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020 _a9781139542739
040 _aSPU
049 _amain
050 4 _aHD 75
_bB47G 2014
100 _aBest, Jacqueline,
_d1970-
_9246506
245 1 0 _aGoverning failure :
_bprovisional expertise and the transformation of global development finance /
_cJacqueline Best
_h[electronic resource]
260 _aCambridge :
_bCambridge University Press,
_c2014
300 _aonline resource
449 _a110239
449 _a110241
505 _aPart I Understanding how global governance works -- Part II History -- Part III New governance strategies -- Part IV Conclusion
506 _aOpen Access Electronic Book
520 3 _aJacqueline Best argues that the changes in International Monetary Fund, World Bank and donor policies in the 1990s, towards what some have called the 'Post-Washington Consensus, ' were driven by an erosion of expert authority and an increasing preoccupation with policy failure. Failures such as the Asian financial crisis and the decades of despair in sub-Saharan Africa led these institutions to develop governance strategies designed to avoid failure: fostering country ownership, developing global standards, managing risk and vulnerability and measuring results. In contrast to the structural adjustment era when policymakers were confident that they had all the answers, the author argues that we are now in an era of provisional governance, in which key actors are aware of the possibility of failure even as they seek to inoculate themselves against it. This book considers the implications of this shift, asking if it is a positive change and whether it is sustainable
520 _aTraces an important shift in international development policy as global institutions have become preoccupied with policy failure
542 1 _fThis work is licensed by Knowledge Unlatched under a Creative Commons license
_uhttp://creativecommons.org/licenses/by-nc-nd/3.0
650 0 _aECONOMIC DEVELOPMENT
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650 0 _aECONOMIC ASSISTANCE
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650 0 _aDEVELOPMENT BANKS
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650 0 _aNON-GOVERNMENTAL ORGANIZATIONS
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650 0 _aCORPORATE GOVERNANCE
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850 _aSPU
856 _uhttps://doi.org/10.1017/CBO9781139542739
910 _aLibrary
_bCambridge University Press
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_pEB000266
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