I n a world that supposedly turned “democratic” after World War II, and more so after the fall of the Berlin Wall, the governing of the World Bank has been an exact anti-thesis. Supposed to aid economic equality in the global arena, in reality, their management has ensured that the Bank remains the West’s foreign policy arm. The Bank’s board (of Executive Directors), which takes all policy decisions, gets nominated by member countries. Here the votes are, mind it, not equal, but determined in proportion of the level of financial contributions by member countries. Ergo, US has about 17% of the vote, while the other 7 highly industrialised countries make up for 45% of the votes. These voting percentages are critical, as they have a tremendous impact on the economy of the third world, which practically has no say in the Bank. If an equitable world is ever to emerge, structural adjustments in the World Bank’s governance are imperative.