Abstract :
The World Bank is an institution out of time and place. Fifty years of the Bank as we know it is enough. If, indeed, the role of multilateral institutions is an important one in the new world order, the World Bank must literally remake itself. Open its files, end its secret ways, and document and learn from its mistakes - not merely on projects, but in the foundations of its economic policy prescriptions—Bruce Rich, 50 Years is Enough (1994)