The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations

doi:10.1136/bmj.330.7493.736

BMJ 2005;330:736 (26 March), doi:10.1136/bmj.330.7493.736

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The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations

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Even before I was asked to review this book I knew I would haveto read it, as the World Bank probably has more influence, forgood or ill, on poverty and development than any other institutionin the world. Understanding how it has worked in the last 10years under its controversial leader is very important. I didn'texpect to enjoy the book, so I was pleasantly surprised: itwas gripping.

Sebastian Mallaby

Yale UniversityPress, £19.95, pp 462 ISBN 0 300 10801 X www.yalebooks.co.uk

Rating: $*$ $*$ $*$

When James Wolfensohn arrived at the bank in 1995 it was ata dangerous moment in its history. Robert MacNamara's earliervision of poverty reduction had faded, and the bank had becomecautious, technocratic, and out of touch with the effects ofits policies on poverty. It was under severe challenge fromnon-governmental organisations (NGOs), including my own, Oxfam,because its structural . . . [Full text of this article]

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Barbara Stocking, director

Oxfam

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