The World Bank and the persistence of poverty in poor countries

Arye L. Hillman

Research output: Contribution to journalArticlepeer-review

21 Scopus citations

Abstract

William Easterly has written a book about why extensive development assistance over the course of decades failed to alleviate poverty in poor countries. As an economist at the World Bank, Easterly observed how resources and advice provided by the Bank failed to improve the lives of the poor in poor countries. Easterly considers different explanations for the development failures. He places the blame for persistence of poverty in poor countries on governments and political elites, who use their poor as hostages to personally benefit from aid resources and debt relief.

Original languageEnglish
Pages (from-to)783-795
Number of pages13
JournalEuropean Journal of Political Economy
Volume18
Issue number4
DOIs
StatePublished - Nov 2002

Keywords

  • Corruption
  • Development failure
  • Ethics and government
  • Political elites
  • World Bank

Fingerprint

Dive into the research topics of 'The World Bank and the persistence of poverty in poor countries'. Together they form a unique fingerprint.

Cite this