Abstract
ABSTRACT During the 2010s the term ‘social contract’ became increasingly prominent in discussions of development within the World Bank and beyond. This article examines what is new in this idea, why the term has been adopted by the World Bank, and what it means in practice. The idea of a ‘social contract’ provides a way for the Bank to frame and pursue its political project within a significantly changed context. A more open acknowledgement of the centrality of politics to the possibilities of ‘development’, however, poses new operational challenges and exposes tensions at the heart of the Bank’s liberal project.
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