qpr-1-2013-foreword.pdf | Page 145

Postcolonialism and Development ulation would tacitly characterise outsiders of the Eurocentric centre as intrinsically less intellectually, culturally and technologically capable of producing wealth and thus would naturally require assistance from the ‘superior’ West. This dynamic has been materialised in the role of the World Bank in its relationship with the ‘third world’ as managerial, providing a ‘knowledge bank’. This means that, according to development discourse, the World Bank is a preeminent source of knowledge regarding ‘third world’ development even though it is a western institution. It holds a role in defining models of development, managing overseas education of policy makers and advocating policy change (Pender 2001). All of these factors have important societal implications, yet originate from a western institutional perspective. Postcolonial scholars would fundamentally disagree with this speculation that Eurocentric policies and strategies are superior to those in the Global