Stiglitz only gently implicates the World Bank for its inability to lift populations out of poverty, part of its professed mission. (Four billion people worldwide live on less than $2 a day.) In his account, the IMF schoolyard bully runs roughshod over earnest World Bankers. “I knew the tasks [of alleviating poverty] were difficult, but I never dreamed that one of the major obstacles the developing countries faced was man-made, totally unnecessary, and lay right across the street-at my ‘sister’ institution, the IMF.”

http://www.villagevoice.com/issues/0223/todaro.php