Protecting Power: How Western States Retain Their Dominant Voice in the World Bank’s Governance

Abstract

As has often been remarked, the world is currently experiencing the biggest shift in the location of economic activity in two centuries; roughly speaking, from West to East. 1 While applauded by some, the shift is creating deep insecurity in the long-dominant Western states, prompting them to try to protect the power positions they attained as a result of their economic dominance in the decades after the Second World War. And it is also creating ambiguity in the rising states about their new role in inter-state organizations, wanting a larger voice, but also wary of new responsibilities. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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