The World Bank has not invariably been my favorite organization. The power to do good goes almost always with the possibility to do the opposite, and as a professional economist, I have had occasions in the past to wonder whther the Bank could not have done very much better.
Amartya Sen reflects on his mixed feelings toward the World Bank in his book "Development as Freedom." He acknowledges that while the organization has the potential to make a positive impact, its power also comes with the risk of negative consequences. This duality leaves room for criticism regarding the Bank's effectiveness in its mission to support development.
Sen, as a professional economist, has questioned whether the World Bank could have achieved better outcomes through its initiatives. His contemplation suggests a nuanced perspective on international development efforts, emphasizing the importance of accountability and effectiveness in institutions that hold significant influence over global economic policies.
