World Bank History

Tower of Basel is the first investigative history of the world’s most secretive global financial institution. Based on extensive archival research in Switzerland, Britain, and the United States, and in-depth interviews with key decision-makers including Paul Volcker, the former chairman of the US Federal Reserve; Sir Mervyn King, governor of the Bank of England; and former senior Bank for International Settlements managers and officials.

This is the story of silver's transformation from soft money during the 19th century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the US economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II.

Bangka Strait, Indonesia, 1942. Allied ships are evacuating thousands in flight from Singapore, the island having fallen to Japanese Imperial forces. Facing terrifying assaults by fighter planes, one ship, the Vyner Brooke, is badly bombed and sinks. Its survivors swim or paddle for hours to the nearest land, a beach on Bangka Island, parched, many dreadfully injured One of the survivors is Australian Army nurse Dorothy 'Bud' Elmes, the great-aunt of Georgina Banks. Bud makes it to the island, where she, colleagues and a matron tend to the wounded as a plan is formulated.

Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the financial industry? Can we lower unemployment rates by controlling the free market? Answer: no. Not only is free-market capitalism good for the economy, it is our only hope for recovery. As the nation’s longest-serving CEO of one of the top 25 financial institutions, John Allison has had a unique inside view of the events leading up to the financial crisis.

The renowned fantasy and science fiction writer China Mieville has long been inspired by the ideals of the Russian Revolution, and here, on the centenary of the revolution, he provides his own distinctive take on its history. In February 1917, in the midst of bloody war, Russia was still an autocratic monarchy: nine months later it became the first socialist state in world history. How did this unimaginable transformation take place? How was a ravaged and backward country, swept up in a desperately unpopular war, rocked by not one but two revolutions?

For the Western allies, 11 November 1918 has always been a solemn date - the end of fighting which had destroyed a generation and a vindication of a terrible sacrifice with the total collapse of their principal enemies: the German Empire, Austria-Hungary and the Ottoman Empire. But for much of the rest of Europe, this was a day with no meaning, as a continuing nightmarish series of conflicts engulfed country after country. In this highly original, gripping book, Robert Gerwarth asks us to think again about the true legacy of the First World War.

Botany was the darling and the powerhouse of the 18th century. As European ships ventured across the Atlantic, Indian and Pacific oceans, discovery bloomed. Bounties of new plants were brought back, and their arrival meant much more than improved flowerbeds - it offered a new scientific frontier that would transform Europe’s industry, medicine, eating and drinking habits, and even fashion. 

In this searing exposé, former Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Packed with tantalizing details about the elite players orchestrating the world economy, Collusion takes the listener inside the most discreet conversations at exclusive retreats like Jackson Hole and Davos. A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.

In what is sure to become the standard account, Rothbard traces inflations, banking panics, and money meltdowns from the colonial period through the mid-20th century to show how government's systematic war on sound money is the hidden force behind nearly all major economic calamities in American history. Never has the story of money and banking been told with such rhetorical power and theoretical vigor. You will treasure this volume.

The Iran Wars is an absorbing account of a battle waged on many levels - military, financial, and covert. Jay Solomon’s book is the product of extensive in-depth reporting and interviews with all the key players in the conflict - from high-ranking Iranian officials to Secretary of State John Kerry and his negotiating team. With a reporter’s masterly investigative eye and the narrative dexterity of a great historian, Solomon shows how Iran’s nuclear development went unnoticed for years by the international community only to become its top security concern.

In the twelfth-century, Pisa was a thriving metropolis, a powerhouse of global trade, and a city that stood at the centre of Mediaeval Europe. But Pisa had a problem. It was running out of coins. In the face of financial crisis, it was here that the foundations of modern banking were born. In Money and Promises, the distinguished financier, entrepreneur and historian Paolo Zannoni examines the fascinating, complex relationship between states and banks.

Have you ever wondered who started banking and for what reason? Or where money came from and how it's regulated? Ever wonder how banks are able to lend out billions of dollars at a time? This book gives a detailed outline of the history of banking from the 15 century to present day. Whether you are a fellow banker like myself, aspiring to work in the world of finance, or just plain curious, this book covers everything you need to know from top to bottom.

On January 24, 1915, a German naval force commanded by Admiral Franz von Hipper conducted a raid on British fishing fleets in the area of the Dogger Banks. The force was engaged by a British force, which had been alerted by a decoded radio intercept. The ensuing battle would prove to be the largest and longest surface engagement until the Battle of Jutland the following summer.