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What kind of a World Bank does the world need?

Author Sebasian Mallaby and Dr Ngaire Woods, University of Oxford, debate what kind of World Bank the world needs in a public event at the London School of Economics and Political Science (LSE) on Wednesday 4 May.

Sebastian Mallaby's book The World's Banker argues that unaccountable nongovernmental organisations have so weighed the World Bank down with safeguard procedures, and that barely accountable member states have so widened its mandate and refused to change its crazy governance, that the survival of the Bank cannot be taken for granted.

The Bank should shift back towards infrastructure investment, reduce its involvement in some 'social' sectors, and reduce its beholdenness to nongovernmental organisations

Sebastian Mallaby is an author and writer of regular editorial pieces in The Washington Post. He joined the Washington Post editorial page in 1999 after 13 years with The Economist of London, and is the author of The World's Banker: a story of failed states, financial crises, and the wealth and poverty of nations.

Dr Ngaire Woods is director of the programme in Global Governance at the University of Oxford.

Professor Robert Wade, LSE, will chair this event.

What Kind of World Bank Does the World Need? is on Wednesday 4 May at 5pm in the New Theatre, East Building, LSE, Houghton Street, London WC2A. This event is free and open to all with no ticket required.

Ends

To request a press seat, please contact Jessica Winterstein, LSE Press Office, on 020 7955 7060 or email j.Winterstein@lse.ac.uk| 

26 April 2005

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