Policing the banks : accountability mechanisms for the financial sector /

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From 1999 to 2004 Maartje van Putten served as a member of the World Bank's Inspection Panel. Using personal experience and extensive interviews with principal decision-makers and stakeholders in the Panel's work, she chronicles the history of accountability in the World Bank and other maj...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Putten, Maartje van, 1951-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Montréal [Québec] : McGill-Queen's University Press, ©2008.
Temas:
Banks and banking, International.
Investments, Foreign > Developing countries.
Private banks > Developing countries.
Social responsibility of business > Developing countries.
Investments, Foreign > Social aspects.
Investments, Foreign > Environmental aspects.
Banques internationales.
Investissements étrangers > Pays en voie de développement.
Banques privées > Pays en voie de développement.
Entreprises > Responsabilité sociale > Pays en voie de développementt.
Investissements étrangers > Aspect social.
Investissements étrangers > Aspect de l'environnement.
POLITICAL SCIENCE > Public Affairs & Administration.
POLITICAL SCIENCE > International Relations > General.
Banks and banking, International
Investments, Foreign
Investments, Foreign > Environmental aspects
Investments, Foreign > Social aspects
Private banks
Social responsibility of business
Wereldbank.
Toezicht.
Financiële instellingen.
Developing countries
Acceso en línea:Texto completo
Descripción
Sumario:From 1999 to 2004 Maartje van Putten served as a member of the World Bank's Inspection Panel. Using personal experience and extensive interviews with principal decision-makers and stakeholders in the Panel's work, she chronicles the history of accountability in the World Bank and other major financial entities. Describing how formerly secretive financial institutions have been slow to accept responsibility for the consequences of their investments - especially the problems that can result from projects in developing countries - she shows that financing institutions can cause significant social and environmental damage and argues that new accountability mechanisms are necessary to reduce or prevent such damage. Because such institutions operate on a global scale, only semi-judicial accounting mechanisms can provide the necessary accountability. It is time for the private financial sector to follow multilateral financial institutions in creating independent mechanisms, mediation procedures, and access to decision makers for people harmed or potentially harmed by projects financed by their institutions. Policing the Banks is a passionate plea for global accountability for all powerful financial players - including the transnational private banks that are now entering the scramble for profits from development projects in the third world.
Descripción Física:1 online resource (xxv, 491 pages)
Bibliografía:Includes bibliographical references (pages 467-480) and index.
ISBN:9780773576650
0773576657
1282867091
9781282867093
9786612867095
6612867094
0773585168
9780773585164

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