Contents -- List of Tables and Boxes -- Foreword and Synopsis -- Acknowledgments -- List of Abbreviations and Acronyms -- Notes on Spellings, Usages, and Other Conventions -- Chapter One: The Fourth World War -- I. Antecedents to the Global Development War -- A. World War I -- 1. Self-Determination -- 2. Presumptions Upended -- B. World War II -- 1. Global Economic Issues Break the Political Surface -- 2. Human Rights Rumblings -- 3. International Law and International Organizations -- C. The Cold War -- 1. A Bold Experiment -- 2. Economic Assistance and Ideological Influence -- 3. A Giant with Nightmares -- II. The Nature of the Global Development War -- A. Conflicting Development Ideologies -- 1. Development -- 2. Human Development -- 3. Liberal or Orthodox? -- 4. Intelligent or Ill-Conceived? -- 5. Participatory or Authoritarian? -- 6. Multilateral, Bilateral, or Regional? -- 7. Sustainable or Improvident? -- 8. Summary -- B. Why the War Matters -- 1. Despair, Danger, and Development -- 2. Terrorism: Predictable Consequence or Parallel Conflict? -- C. The Machinery and Theaters of War -- 1. The Political and Institutional Topography -- 2. The Global Economic Organizations -- Chapter Two: A Cacophony of Criticisms-Attacking the Global Economic Organizations -- I. A World of Problems -- A. Growing Economic Distress -- B. Globalization as Culprit? -- II. Cataloguing the Criticisms -- A. Criticisms by Types of GEOs -- 1. The Logic of Disaggregation -- 2. The Twenty-Three Criticisms -- B. The Eight Clusters of Complaints -- Appendix to Chapter Two: Representative Survey of Literature Criticizing the GEOs -- Chapter Three: What Are the Global Economic Organizations? -- I. Historical Survey -- A. Highlights in the GEO Timeline -- B. The Inter-War Period and Bretton Woods -- 1. Before 1944 -- 2. Three Proposed Solutions.

C. The First Twenty-Five Years: From 1945 to 1970 -- D. The Second Twenty-Five Years: From 1970 to the mid-1990s -- 1. Reacting to Change -- 2. Whither the Nation-State? -- E. The Contemporary World of the GEOs -- II. The IMF in a Nutshell -- A. The Grand Design and Its Collapse -- 1. Establishment of the IMF and the Par Value System -- 2. Collapse of the Par Value System and a Redirected IMF -- B. IMF Financing and Resources -- 1. IMF Financing Facilities -- 2. IMF Conditionality -- 3. IMF Resources for Lending -- C. Other IMF Operations -- 1. Surveillance -- 2. Technical Assistance -- 3. Special Policy Endorsement -- D. Governance and Other Institutional Matters -- 1. IMF Structure and the Weighted Voting System -- 2. Membership -- Obligations -- Privileges and Immunities -- 3. Funding the IMF's Operational Expenses -- 4. Debt Relief -- III. The World Bank and the Regional MDBs in a Nutshell -- A. MDB Lending Operations -- 1. Project Financing -- 2. Policy-Based Lending -- 3. Lending Terms -- 4. Procurement -- B. Technical Assistance and Other Operations -- C. Resources and Other Financial Matters -- 1. More on the Distinction Between Hard Loans and Soft Loans -- 2. MDB Capitalization, Borrowings, and Replenishments -- D. Membership and Institutional Matters -- 1. Membership in the MDBs -- 2. Structure of and Decision Making in the MDBs -- E. Other Aspects of MDBs and Their Operations -- 1. Policies and Initiatives -- 2. The Generational Character of the MDBs -- 3. Debt Relief -- IV. The WTO in a Nutshell -- A. The GATT 1947 -- 1. Aims and Principles -- 2. Exceptions to GATT Principles -- B. Negotiating Rounds and Other Developments -- 1. Tokyo, Uruguay, and Doha -- 2. The Uruguay Round Agreements -- C. Institutional and Structural Matters -- 1. The Nature of the WTO and the WTO Charter -- 2. WTO Membership and Structure.

3. Decision Making and Dispute Settlement -- Appendix to Chapter Three: Voting Power of IMF Member Countries and Constituencies -- Chapter Four: Battles over the GEOs' Policies and Operations -- I. Bad Policies, Projects, and Performance -- A. The Ideology of Trade Liberalization -- B. The "Washington Consensus", Moral Hazard, the IMF, and the MDBs -- 1. The Criticisms -- 2. Improvement or Deterioration? -- 3. Causation -- 4. Moral Hazard? -- 5. Changed Prescriptions -- 6. Summing up on IMF Policy Prescriptions -- C. Bad Projects, Priorities, and Performance by the MDBs -- 1. Bad MDB Policies and Projects? -- 2. Wrong Form of Assistance? -- 3. MDB Management and Staffing -- II. Distributional and Social Injustice -- A. Winners and Losers from WTO-Led Free Trade -- 1. Focusing on the National Level -- 2. Focusing on the Global Level -- B. Austerity Measures, the IMF, and Social Ruin -- C. Human Rights and the MDBs -- III. Environmental Degradation -- A. The MDBs and the Environment -- B. Racing to the Bottom -- IV. Encroachments on Sovereignty -- A. WTO Prohibitions on Social Protectionism -- B. IMF and MDB Conditionality -- V. Summary: Evaluating the Criticisms of GEO Policies and Operations -- Chapter Five: Battles over the GEOs' Character, Control, and Reach -- I. Secrecy and Opaqueness -- A. The Illumination of the IMF -- B. The MDBs and the Momentum Toward Openness -- C. The WTO-A Different Momentum Toward Openness -- II. The Democracy Deficit -- A. The IMF: Voting, Structure, Authority, and Leadership -- B. The MDBs: More of the Same, But Worse -- C. The WTO and Partial Unaccountability -- 1. Democracy in the WTO? -- 2. The WTO's Allegiance to Its Members -- 3. Genuine Unaccountability Problems -- 4. Strengthening Weak National Governments -- III. Mission Creep of the MDBs and the IMF -- A. Mission Creep and the Three Generations of MDBs.

1. Old Dogs and New Tricks -- 2. Legality and Ideology -- B. IMF Mission Creep? -- IV. Asymmetry in Obligations (IMF and the MDBs) -- A. Asymmetry in IMF Obligations -- B. Asymmetry in MDB Obligations -- V. Summary: Evaluating the Criticisms of GEO Character, Control, and Reach -- Chapter Six: The Current Front in the Global Development War- How (and Whether) to Reform the GEOs? -- I. Reforming the MDBs -- A. Transparency -- B. Participation -- C. Legality -- D. Competence -- E. Accountability -- 1. Accountability of Member Countries -- 2. Accountability of the MDBs -- F. Substantive Norms and Standards -- G. Charter Amendments -- II. Reforming the IMF -- A. Structural and Operational Changes in the IMF -- B. Enhancing Competence in National Governance -- III. Reforming the WTO -- A. Distributional Justice and Distributional Generosity -- B. Environmental and Human Rights Protections -- C. Transparency -- D. Accountability -- E. Development Assistance -- IV. Concluding Observations -- A. Collective Assessment of the GEOs -- B. The Perils of Bilateralism -- 1. Chinese Bilateral Development Financing -- 2. US Bilateral Trade Negotiations -- C. The Role of the USA and the Future of the GEOs -- Appendix to Chapter Six-Draft Protocol to the AsDB Charter -- About the Author -- Selected Bibliography -- Index.