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The World Bank's outdated financial structure is a threat to its continued relevance. Paul Wolfowitz, the bank's new president, should begin closing the wing of the bank that lends to middle-income countries.
Author: Jessica P. Einhorn, Dean, Paul H. Nitze School of Advanced International Studies
January/February 2006
Foreign Affairs
The World Bank's outdated financial structure is a threat to its continued relevance. Paul Wolfowitz, the bank's new president, should begin closing the wing of the bank that lends to middle-income countries.
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