Robert Wade

Robert Wade is professor of political economy at the London School of Economics. He worked as a World Bank economist in the 1980s.

The financial crisis: burst bubble, frayed model

As everyone now knows, the current financial market turmoil spreading across the Atlantic economy and beyond started with rising defaults in the United States mortgage market. How did the US

By Robert Wade

/ 1 Oct 2007

The world’s World Bank problem

The fight between the Americans and the Europeans over the fate of Paul Wolfowitz obscured the bigger question of whether the world still needs the World Bank. The immediate contest

By Robert Wade

/ 10 Jul 2007

Globalisation: emancipating or reinforcing?

It is almost an article of faith among those who attend the World Economic Forum in Davos, Switzerland that "(the) problem today is not that there is too much

By Robert Wade

/ 29 Jan 2007

The invisible hand of the American empire

Part one: Blueprint for dominance outlines the agenda for a modern day Roman Emperor who wants to control the world. It anatomises an international financial architecture, a set of global

By Robert Wade

/ 13 Mar 2003

Inequality of world incomes: what should be done?

The concentration of world income in the wealthiest quintile (20%) of the worlds population is shocking, and cannot meet any plausible test of legitimacy. This diagram shows the distribution

By Robert Wade

/ 14 Nov 2001