The Economist, “That empty-nest feeling”
September 6, 2007
The World Bank, founded to fight poverty, is searching for the right role in places that need its help less and less
“A TYPICAL bank will do its very best to retain customers who are relatively mature and reliable. Whenever it deals with these favoured clients, it will try to offer a personalised service, devise innovative products and keep rival lenders away. The World Bank is certainly not a typical bank, but in this respect it follows the norm. It relishes dealing with its ‘best’ customers: the middle-income countries”…