World Bank to Double Aid to Pakistan -- Will the Money Help?

For more than a decade, Pakistan has had almost bottomless credit from the World Bank and other donors to cure its poor record of economic development. Sadly, the country has little to show for it. The Bank is once again prepared to pull out its checkbook -- in spite of a recent report from the Bank’s Independent Evaluation Unit that details the many failures of the Bank's massive investments in Pakistan during the 1990s. Will the money help this time?