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Top of the world, Ma.(Devil in the Details)

American Prospect, The,  December, 2004  by McKelvey, Tara

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LOVE IT OR HATE IT, THE World Bank is one of the most influential forces in fighting poverty. Led by James Wolfensohn, the bank provided $20.1 billion for projects in developing countries this year and currently employs 9,300 people.

"It's like a gigantic ship," says Nancy Birdsall, president of the Washington based Center for Global Development. "It's very hard to turn it, but once it gets turned, it makes a very big difference."

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The ship may soon have a new skipper. President Bush will appoint a new World Bank president in 2005, and it's known that ...

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