India and the World Bank : the politics of aid and influence
'The World Bank needs India more than India needs it.' So goes an emerging consensus on both sides of the relationship between the Bank and its largest borrower. This book analyzes the politics of aid and influence. The Bank, struggling to remain relevant amid India's recent rapid growth and expanding access to private capital, has been caught up in a complex federal politics of reform and development. India's central government - far from being in retreat - has been the main driver of dramatic changes in the Bank's assistance strategy, leading toward a focus at the sub-national state level
xlviii, 256 pages : illustrations, map ; 23 cm.
9780857284129, 0857284126
751741392
Introduction: Understanding the Bond between the Bank and its Largest Borrower
ch. 1. The First Half-Century: From Bretton Woods to India's Reform Era
ch. 2. Remaining Relevant: The Bank's Strategy for an India of States
ch. 3. Reasserting Central Government Control, Reorienting Aid Toward 'Lagging States'
ch. 4. A Bittersweet Graduation: Can IDA Hold on to India, and Will India Let It?
ch. 5. India's Changing Relationship to Global Development Assistance