Governing failure : provisional expertise and the transformation of global development finance /
Traces an important shift in international development policy as global institutions have become preoccupied with policy failure.
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| Format: | eBook |
| Language: | English |
| Published: |
Cambridge ; New York :
Cambridge University Press,
2014.
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | Traces an important shift in international development policy as global institutions have become preoccupied with policy failure. |
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| Abstract: | Jacqueline 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. |
| Physical Description: | 1 online resource (1 electronic resource (x, 275 pages)) |
| Bibliography: | Includes bibliographical references (pages 209-265) and index. |
| ISBN: | 9781139542739 1139542737 9781107732001 110773200X 9781107728493 1107728495 9781306376372 1306376378 |
| DOI: | 10.1017/CBO9781139542739 |