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Under the tutelage of the World Bank, developing countries have experienced lower growth and rising inequality, compared to previous periods. Stein argues that the Bank is plagued by a myopic, neoclassical mindset that wrongly focuses on individual rationality and downplays the social and political contexts that influence development.Stein, Howard is the author of 'Beyond the World Bank Agenda: An Institutional Approach to Development', published 2008 under ISBN 9780226771670 and ISBN 0226771679.
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