The World Bank is dedicated to the promotion of sustainable economic development and to poverty reduction throughout the developing world. The contributors to this volume argue the Bank's greatest asset is its accumulated knowledge and experience of the development process, and propose that it organize itself around the concept of a "Knowledge Bank." Part I examines the World Bank as an institution, examining its structure. In Part II the effectiveness of World Bank assistance is evaluated.

About the Authors

Christopher L. Gilbert is Full Professor in the Department of Finance and Financial Sector Management at the Vrije Universiteit, Amsterdam. He is also Visiting Professor of Economics at Queen Mary & Westfield College, University of London.

David Vines is Fellow in Economics at Balliol College, Oxford. He is the Director of the Research Programme on Global Economic Institutions of the British Economic and Social Research Council. He is also Adjunct Professor of Economics at the Australian National University.

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