The World Bank is one of the most important and least understood major international institutions. This book provides a concise, accessible and comprehensive overview of the World Bank's history, development, structure, functionality and activities.

These themes are illustrated with a wide variety of case studies drawn from the Bank's international activities. Also discussed are the controversial challenges that the Bank now faces in the light of the criticism from campaigners and NGOs.

Katherine Marshall is a Senior Fellow at Georgetown University's Berkley Center for Religion, Peace and World Affairs and Visiting Professor in the Department of Government. She worked for 35 years at the World Bank in a wide range of positions and regions.