Sovereign remedy


Gloria Grandolini has spent her entire career at the supranational. Now, as senior manager of the World Bank treasury's banking and debt management group, she has two responsibilities: providing the tools for risk management to the bank's customers and advising on their use.

Seventy-eight middle-income nations are eligible for loans from the International Bank for Reconstruction and Development (IBRD), one of the World Bank's two lending arms. (The other, the International Development Association

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