Bruce Rich argues that the Bank's current institutional problems are extensions of flaws that had been present since its founding. His new book,Foreclosing the Future, tells the story of the Bank from the Rio Earth Summit to today. For readers who want the full history of the Bank's environmental record, Rich's acclaimed 1994 critique,Mortgaging the Earth, is an essential companion.
Called a "detailed and thought-provoking look at an important subject" byThe New York Times,Mortgaging the Earthanalyzes the twenty year period leading up the Rio Summit. Rich offers not only an important history but critical insights about economic development that are ever-more relevant today.
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