The World's Banker
A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations
Category:
Economics & Politics
(9)
(8)
(10)
(2)In this summary you will learn
- How the World Bank began
- What its mission is and how it should pursue it
- How James Wolfensohn fared as president during his 1995-2005 term
Why you should read The World's Banker
Former Iraq War architect and neocon superhawk Paul Wolfowitz was president of the World Bank from 2005 to 2007. Before his forced resignation, he used his office unfairly to promote bank employee Shaha Ali Riza, his girlfriend. If Wolfowitz had not stepped down voluntarily, the bank’s board surely would have sacked him. He might be the most notorious former World Bank president, but Jim Wolfensohn is the most intriguing. Former Olympian, Australian turned American, Harvard Business school graduate, corporate dealmaker, Carnegie Hall cellist, Renaissance man and a bona fide larger-than-life character, Wolfensohn was the World Bank’s president from 1995 to 2005. During this period, the restless, energetic Wolfensohn was like a raging tornado, ripping through the bank’s stately Washington, D.C., offices, upsetting long-held traditions, tangling daily with the bank’s entrenched bureaucrats, determined to make a difference for the three billion people who live in abject poverty. Journalist Sebastian Mallaby explores Wolfensohn’s dramatic decade, along with the bank’s changing practices and policies. getAbstract recommends Mallaby’s fascinating, behind-the-scenes look at how Wolfensohn and the bank struggled mightily against world poverty for 10 eventful years.
About the Author
Sebastian Mallaby is a Washington Post columnist and author. He was a 2003 Council on Foreign Relations fellow and from 1986 to 1999, worked as a staff writer for The Economist, based in Zimbabwe, England and Japan.
Comment on this summary
Be the first to write a comment! Sign in to share your opinion
If you wish to purchase 20 or more copies of this title (not the summary, but the actual book), please contact us at info@getAbstract.com. Make sure you include the title of the book and your phone number.
getAbstract makes it easy for you to access the summary of The World's Banker any time or any place. Once registered, you can choose from a variety of download formats: PDF for your computer, BlackBerry, iPhone, Kindle, PDA or other handheld devices. You can even obtain the audio version of many of our summaries.
Subscribe today to gain access to this summary as well as many other compelling titles!