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Headline: Opinion – Has the World Bank lost its way? Au contraire… Source: Euromoney Date: March 2000 Author: Joanne Salop The World Bank is under attack. Its critics (such as Adam Lerrick in Euromoney, December 1999) complain that it has no special credit analysis skills that qualify it to lend to the developing world, that it has largely been superseded by the capital markets and that it has failed to recognize this reality. Behind the attacks lies clear resentment among many American politicians at continued funding for the Bank. |
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