Author: Michael Brannagan / Journal: Georgetown Journal of International Affairs

Author:: Sikander Kiani and Michael Brannagan
Publication Date:: 12-2012
Content Type:: Journal Article
Journal:: Georgetown Journal of International Affairs
Institution:: Georgetown Journal of International Affairs
Abstract:: The latest round of leadership changes at the IMF and the World Bank has generated increasingly intense criticism of the tacit Western hold on governance of these institutions. While this dynamic is indicative of global power adjustments, it also signals a paradigm shift in thought about issues and methodology of development and growth. John Maynard Keynes famously noted the influence economists exert on leaders as: “Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.” Perhaps it is time, especially in the field of development, to question the traditional monopoly of economists, and to effectively include scientists, anthropologists, and others to provide collaborative thought leadership.
Topic:: World Bank
Political Geography:: China

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