Returning home from the recent African Development Bank meeting in Shanghai, economist Jeffrey Sachs comments on all that “is wrong with the World Bank, even aside from Wolfowitz’s failed leadership”. Unlike the Chinese, says Sachs, “the Bank has too often forgotten the most basic lessons of development, preferring to lecture the poor and force them to privatize basic infrastructure, rather than to help the poor to invest in infrastructure and other crucial sectors”.
Who should get the job? What should they do? How should they get selected?
