Too Global to Fail

Too Global to Fail

The World Bank at the Intersection of National and Global Public Policy in 2025

Book - 2015
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Too Global to Fail: The World Bank at the Intersection of National and Global Public Policy in 2025 analyzesthe issue of global public goods, particularly those related to the environment, in the context of the globaldevelopment process. Long-term sustainability of development is at stake, as the distinction betweendeveloping and developed countries in their approaches to environmental issues is expected to continue forthe foreseeable future. This study contends that global sustainability depends on and even consists of theprovision of certain global public goods and that the prevailing approach to development assistance doesnot sufficiently recognize this fact.A key question is whether the country-ownership model is even compatible with global sustainability.A second key question is whether the political will exists to make the provision of global public goods anexplicit and central objective of official development assistance. A third key question concerns themobilization and use of resources for the World Bank's work to support the provision of global public goods.The World Bank is a major player on many regional and global issues, but its work at these levels is usuallyenabled by donor contributions, most often in the form of grants targeted at narrow, particular purposes.The editors of Too Global to Fail believe that international development assistance needs to undergo a majortransition in order to take as one of its explicit and principal objectives the provision of global public goodsimportant for development. The World Bank can play a leadership role in this transition, working within newkinds of coalitions but not abandoning the fundamentals of its operating model. The World Bank can alsoplay a unique role in stimulating the private provision of global public goods through risk sharing andmarket creation.
Publisher: Washington, DC : World Bank Group, [2015]
ISBN: 9781464803079
Branch Call Number: HC59.72.E5 E875 2015
Characteristics: xxxii, 276 pages ; 26 cm
Additional Contributors: World Bank


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