ABSTRACT
The EU and the World Bank mobilize resources and influence development policies worldwide as no other global governor. Notwithstanding their joint endeavors, their cooperation has been mostly neglected by the policy literature. Academic research has also gone by the anomaly of these two multilaterals, which delegate to one another, but do not have either formal shareholding or full voice rights in their respective decision-making bodies. This book has provided analytical and empirical ground to start filling that gap. It has also shown how the relation between the two governors has significantly influenced their policies, programs and development performance, at headquarters and in the field. This chapter answers the questions advanced in the Introduction (Chapter 1), based on the three major findings of the book: the conceptualization of the EU–World Bank relations as hybrid delegation; the dynamics of policy changes undergone by the two organizations across the turn of the millennium and, last, the impact of their cooperation, through an analysis of their development performance. A case is made to support analytic eclecticism as a promising approach to study the relations, policies and performance of global governors. Finally, the chapter advances selected policy inputs to strengthen the EU–WB cooperation to end extreme poverty and reduce inequality in the global context of the third millennium.
