The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations

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Penguin, 2006 - Business & Economics - 488 pages
2 Reviews
Never has the World Bank's relief work been more important than in the last nine years, when crises as huge as AIDS and the emergence of terrorist sanctuaries have threatened the prosperity of billions. This journalistic masterpiece by Washington Post columnist Sebastian Mallaby charts those controversial years at the Bank under the leadership of James Wolfensohn--the unstoppable power broker whose daring efforts to enlarge the planet's wealth in an age of globalization and terror were matched only by the force of his polarizing personality. Based on unprecedented access to its subject, this captivating tour through the messy reality of global development is that rare triumph--an emblematic story through which a gifted author has channeled the spirit of the age.

This edition features a new afterword by the author that analyzes the appointment of Paul Wolfowitz as Wolfensohn's successor at the World bank

Read Sebastian Mallaby's new book, The Man Who Knew: The Life and Times of Alan Greenspan.

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LibraryThing Review

User Review  - montano - LibraryThing

Lots of good history about the Bank but I couldn't help but feel it was a big apology. Although some criticisms of the Bank were addressed, it felt a little too sanguine about the Bank. Read full review

LibraryThing Review

User Review  - emfrsewr - LibraryThing

Both my parents worked for the World Bank, and they feel this is one of the best books about IBRD. It's much more a biography of the Wolfensohn years than it is of Wolfensohn (although it does include ... Read full review


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About the author (2006)

Sebastian Mallaby has been a Washington Post columnist since 1999. From 1986 to 1999, he was on the staff of The Economist, serving in Zimbabwe, London, and Japan, and as the magazine's Washington bureau chief. He spent 2003 as a Fellow at the Council on Foreign Relations and has written for Foreign Affairs, Foreign Policy, The New York Times, and The New Republic, among others.

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