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The World Bank: Rethinking its role

Briefing/policy papers

On the eve of the World Bank’s annual meeting, this Briefing Paper describes the role of the World Bank institutions. The paper explains the mechanics of these institutions; their complicated financing arrangements, the reasons for the recent cuts, their likely impact, and innovations currently under consideration. A key issue concerns how far the World Bank should move away from its traditional, project approach towards structural adjustment and programme lending.