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Changing Times Call for Desperate Measures

The global financial crisis, coupled with popular uprisings across the MENA region, has forced many western actors to rethink the nature of their engagement with the Arab world. One such actor is the World Bank, which for decades has been the target of heavy criticism for its one size fits all neo-liberal policies that have largely failed to accomplish their goals. Can the bank’s new direction save it from irrelevance as the western world faces the rise of other powers vying to take its place?