Take-off in Bogotá: a microhistory of the World Bank’s early missions in Colombia (1948–1957)

Abstract

This article emphasizes the significance of applying microhistory in shedding light on the early years of international financial organizations, specifically on the World Bank after World War II. Instead of focusing on organizational changes and on influential figures leading the Bank, this study adopts a microhistorical approach to retrace the interactions between World Bank advisors and local actors during the bank’s missions, contributing to the use of microhistory in studying global phenomena. The analysis of the World Bank’s missions in Colombia during the 1950s underscores the role played by specific economic groups in shaping its development loans in the country. This perspective contributes to the historiography of the World Bank and enriches the debates around the emergence of global economic governance after World War II.

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