The World Bank Cannot Stop Reorganizing Its Private Sector Work: The Missing Welfare Anchor
What it examines
González argues that repeated reorganisations have not resolved the rationale for the World Bank’s private-sector development work. He proposes tests of market failure, instrument effectiveness and additionality, followed by assessment of net social benefits. The paper focuses principally on nonfinancial private-sector development and excludes conventional financial-sector work.
Why it matters
Provides a framework relevant to UK shareholder scrutiny of the World Bank and IFC, particularly the purpose and additionality of public intervention. This UK application is the Monitor’s interpretation; the paper presents the author’s argument, not UK or World Bank policy.
Institutions and themes
Related documents
Catalogue entry reviewed 21 Sept 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.