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Will the World Bank be able to redeem itself?

Devesh Kapur Arvind Subramanian- In recent years, as the World Bank’s financing role has been eclipsed by the rise of private capital and a surge in money
from China, its leaders have been desperately seeking a new mission. And interminable reorganizations, politicized appointments and the changing priorities of successive presidents have
contributed to the perception that the institution is less than functional. But can that change?
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