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Beyond US hegemony in international development : the contest for influence at the World Bank / Jiajun Xu, Peking University, Beijing.
Author
Xu, Jiajun, 1984-
[Browse]
Format
Book
Language
English
Published/Created
Cambridge, United Kingdom : Cambridge University Press, 2017.
Description
xvi, 304 pages ; 24 cm
Availability
Available Online
Cambridge Core All Books
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Notes
Firestone Library - Stacks
HG3881.5.W57 X795 2017
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Details
Subject(s)
Economic assistance, American
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Economic development
—
International cooperation
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United States
—
Foreign relations
—
Developing countries
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World Bank
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Summary note
China's initiative to establish the Asian Infrastructure Investment Bank (AIIB), attracting membership from G7 countries against the vocal opposition of the United States, has been recognised as a significant moment in an ongoing hegemonic transition. This book examines how power transitions have played out in the World Bank over the last five decades, offering the first authentic account of the international diplomacy behind donor financing of the World Bank's International Development Association (IDA). Jiajun Xu decodes how the United States amplified its influence at the World Bank despite its flagging financial contributions to IDA. She further demonstrates that the widening influence-to-contribution disparity provoked other donors into taking 'exit/voice' measures, contesting the hegemon's legitimacy. A rising China initially decided to become an IDA donor, seeking influence from within. However, the entrenched hegemonic position of the United States in World Bank governance drove China to initiate the AIIB and New Development Bank, putting competitive pressures on the US-centred multilateral institutions to adapt.-- Provided by Publisher.
Bibliographic references
Includes bibliographical references (pages 275-298) and index.
Contents
1. IDA Burden-Sharing: The Unresolved Puzzle
2. Three Power Plays behind the Politics of IDA Burden-Sharing
3. IDA in the 1960s: Hegemonic Leadership amid Bipolar Geopolitics
4. IDA in the 1970s: A Turbulent Era with Accelerated Burden-Shifting
5. IDA in the 1980s: The Rise and Retreat of the `Reagan Revolution'
6. IDA in the 1990s: The Struggle for Power and Fairness in a Unipolar World
7. IDA in the New Millennium: Leadership in Transition?
8. China's Ascendancy: Influence from Within and Impact from Outside.
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ISBN
9781107172845 ((hardback))
1107172845 ((hardback))
LCCN
2016032385
OCLC
956688199
Other standard number
40026739153
99970608084
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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Beyond US hegemony in international development : the contest for influence at the World Bank / Jiajun Xu.
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