Reforming the World Bank

Topics:
Commercial Banking,
Matrix Management
Tags:
Finance,
Free Trade,
Organizational Culture,
University Of Kansas,
World Bank
Source:
University of Kansas

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Overview: Under what circumstances do international organizations change their operations and routines? Examining the recent 'strategic compact' reform initiative, this paper argues that change in the World Bank is 'triggered' by a complex set of factors stemming from changed interests and norms in the bank's environment. The process of change, however, is something shaped by organizational culture, defined as the deeply embedded ideologies norms and routines that govern the expectations and behaviour of bureaucratic staff. This organizational culture represents the internal 'friction' that propels change in a slow, path dependent direction that produces outcomes that are not necessarily congruent with the preferences of the organization's powerful shareholders or the intentions of internal reform initiators.

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Format: PDF | Size: 119KB | Date: Dec 2004 | Pages: 30


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