In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. This paper argues that the World Bank's success story rests on a weak empirical foundation. The evidence does not … support the view that poverty concerns and policy assessments dominated the distribution of World Bank financing in the 1990s …

reconstruction of the financial architecture does not only lack political support. As argued below, some radical reform proposals are …