OFF THE PRESS

Wayne State University Law School Professor Peter Hammer has a new book, "Change and Continuity at the World Bank: Reforming Paradoxes of Economic Development," published this month. Hammer's book was published by Edward Elgar Publishing, a British firm that specializes in books on international law and economics. The book examines what role the training and background of the economists who lead the World Bank (an international organization formed after World War II to help advance developing nations) have made in efforts to reform it. Hammer, through comprehensive historical and economic analysis, looks at the patterns of change and continuity at the World Bank since 1995. "The book explores the paradox of why the World Bank, led by some of the smartest economists in the world, has not made better progress on questions of economic development," Hammer said. "Similar paradoxes lay in our own backyard regarding the failed economic development of Detroit and other urban areas." Hammer, who teaches a class on Re-Imagining Development in Detroit: Institutions, Law & Society, argues, "It is time to abandon the theoretically driven models of the past that have failed and to open the door to greater innovation, learning and adaptation. Greater economic and political inclusion is the key to sustained and equitable economic development at home and abroad." Hammer earned a law degree as well as a doctorate in economics from the University of Michigan. He earned dual bachelor's degrees from Gonzaga University. He is director of Wayne Law's Damon J. Keith Center for Civil Rights and a widely published expert on health law and policy. Visit www.amazon.com/Change-Continuity-World-Bank-Development/dp/1781009260 to learn more about Hammer's new book. Published: Thu, Sep 19, 2013

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