Preface Joseph E. Stiglitz

1. The World Bank: an overview of some major issues Christopher L. Gilbert and David Vines

Part I. The World Bank's Structure: The Bank as an Institution: 2. Positioning the World Bank Christopher L. Gilbert, Andrew Powell and David Vines

3. The World Bank and poverty reduction: past, present and future Ravi Kanbur and David Vines

4. Why the World Bank should be involved in development research Lyn Squire

5. The challenges of multilateralism and governance Ngaire Woods

Part II. The Effectiveness of World Bank Assistance: 6. The World Bank and structural adjustment: lessons from the 1980s Francisco H. G. Ferreira and Louise C. Keely

7. The implications of foreign aid fungibility for development assistance Shantayanan Devarajan and Vinya Swaroop

8. Aid, growth, the incentive regime and poverty reduction Craig Burnside and David Dollar

9. How policies and institutions affect project performance: microeconomic evidence on aid, policies and investment productivity Jonathan Isham and Daniel Kaufmann

10. Increasing aid effectiveness in Africa? The World Bank and sector investment programmes Stephen Jones

11. The World Bank, conditionality and the Comprehensive Development Framework Raul Hopkins, Andrew Powell, Amlan Roy and Christopher L. Gilbert

12. Conditionality, dependence and coordination: three current debates in aid policy Paul Collier.