Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of issuing different types of loans, namely (i) loans...

Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of issuing different types of loans, namely (i) loans...

Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of issuing different types of loans, namely (i) loans...

Based on previously untapped archival material, this chapter discusses the establishment of the operations evaluation function at the World Bank between the mid-1960s and the early 1970s, and the conflicting visions that shaped it. The birth of the operations evaluation function at the Bank was...

In the aftermath of World War II, the birth of development economics was paralleled by the growth of development organizations, the most prominent of which was the World Bank. Not surprisingly, the paths of the Bank and of the pioneers of the new discipline often crossed, and it is fair to say...

Until the late 1960s, the World Bank presented itself as an institution devoted to sound and directly productive project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of issuing different types of loans, namely loans which - albeit...