In This Review
Investing in Development: Lessons of World Bank Experience

Investing in Development: Lessons of World Bank Experience

By Warren C. Baum and Stokes M. Tolbert

Oxford University Press (for the World Bank), 1985, 610 pp.

Directed primarily at officials in developing countries, this large volume draws on the World Bank's experience to tell them how to put together viable projects of the sort the Bank likes to finance. Nuts and bolts abound, but there is also much sensible and clear discussion of the broad issues that have to be taken into account.