The global classroom

The resignation of World Bank president Paul Wolfowitz following allegations that he authorised a pay increase and promotion for his girlfriend has kept the bank in the news for all the wrong reasons. Less well known is the bank's highly influential role in the development of school and university systems worldwide.

Ask the man in the street what the institution does and you are likely to be met with a blank expression. Ask what it does for education and the shoulders will shrug higher still. Yet the bank is the largest source of external funding for education globally, providing on average US$2 billion a year over the past five years in grants and loans.

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