This book investigates the complex and evolving relationship between the United Nations and the Bretton Woods Institutions (the International Monetary Fund and the World Bank). Richard Jolly, a distinguished development economist and former UNICEF official, draws upon his extensive experience and access to institutional archives to analyze the historical context, operational dynamics, and policy convergences and divergences between these key global governance bodies. The work aims to provide a comprehensive overview of their intertwined mandates and their impact on international economic and social development.

The Authority Perspective: This book is recognized as a significant academic contribution to the study of international organizations and global governance. Scholars and practitioners in international relations and development economics have noted its detailed historical analysis and Jolly's insightful perspective, stemming from his direct involvement in the field. The work is considered a valuable resource for understanding the institutional architecture that shapes global economic policy and development efforts.