Overview

This book offers a rigorous and original examination of World Bank's evolving policymaking architecture since its inception to new ESG frameworks. It exposes the gaps between institutional discourse and lived realities in lesser-developed countries, where fragile state capacity, political contestation, and climate pressures repeatedly undermine development outcomes. Through extensive critique, evidence-based analysis, and grounded examples, the book unpacks the limitations of existing contemporary governance models, policy making and shows why they lag behind in meeting the demands of sustainable financing, environmental concerns, social integration and responsible governance. It also advances the author's major theoretical contribution: a New Integrated Model of Responsible Governance, which redefines how norms, institutional systems, operational processes, and accountability mechanisms must work together in MDBs. By bridging ESG debates, and political CSR theory, the book charts a path towards more legitimate, equitable, and accountable development practice.

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