Help poor states to seize the fruits of the boom
The challenge, writes Paul Collier and Michael Spence, is to invest public savings productively within the countries that own natural resources, in education and infrastructure
World Bank
Resources
The World Bank and the International Monetary Fund, both under new leadership, face the tough task of restoring credibility to the powerful financial institutions
More in this section
World Bank to act on anti-graft report
The World Bank said it would implement all the recommendations of the Volcker report that last year analysed the institution’s anti-corruption unit and concluded it should be placed under new oversight
World Bank denies Kibaki bias
The World Bank was struggling to reaffirm its neutrality in Kenya following the leaking of confidential memos that provide an account of the country’s post-election crisis that appears to favour Mwai Kibaki, the president
World Bank accepts risk to aid poor nations
The International Finance Corporation, the private sector arm of the World Bank, is willing to accept more risk and greater volatility in returns as it steps up its push into the poorest countries, IFC chief executive Lars Thunell has told the Financial Times
World Bank rural poverty drive
Agriculture will become a priority of World Bank research and lending after report concludes that improving growth in rural areas was best way of reducing poverty
Private sector to join World Bank on aid
Private sector companies will for the first time join governments in contributing to the International Development Association, the World Bank’s main fund for poor countries, the bank’s president, Robert Zoellick, has told the Financial Times
Related content and features
Comment
Rethinking development policy: A new consensus
There is little evidence of success for the Washington Consensus - it is time for a new consensus based on the gains seen in East Asia
Sensible first steps
A hundred days is too short for transforming the world. But it’s long enough for a new leader to decide where to take the World Bank
Analysis
Video: Women and the World Bank (part 1)
Senior VP Ana Palacio on the mood and vision at the World Bank 100 days after Robert Zoellick took office, plus her take on corruption. Watch part 2
Zoellick wants a debate
As Paul Wolfowitz’s World Bank presidency draws to a close, his successor is in listening and healing mode.
Worlds collide at the Bank
Wolfowitz and the World Bank seem to have brought out the worst in one another. Perhaps this is because they were perfect for one another, writes Christopher Caldwell.
More stories
