This unique book explores a very broad range of ideas and institutions and provides case studies and best practices in the context of broader theoretical analysis. The impact global multilateral institutions such as the World Bank and IMF have on development is hotly debated, but few doubt their power and influence. Therefore, the main aim of this book is to examine the concepts that have powerfully influenced development policy and, more broadly, look at the role of ideas in these institutions and how they have affected current development discourse. With the aim, the objectives, therefore, to enhance the understanding of how the ideas travel within the systems and how they are translated into policy, modified, distorted, or resisted. It is not about creating something fundamentally new, nor is it about completely transcending the efforts of these global institutions. Rather, it is about creating effective global institutions at a global level, that can aid in social and economic development globally.

The scholarly value of the proposed publication is self-evident because of the increase in the emphasis placed on global institutions and the role they play for corporate governance, innovation, and sustainability globally and it is going to be more crucial post-pandemic when the economies restart and more so in emerging economies. Moreover, there is a dire need for understanding comprehensively the complexity in the process of how these global institutions work multi-laterally.