Includes bibliographical references and index.

An incisive exploration of the interventions of the World Bank in severely indebted African states. Understanding sovereignty as a frontier rather than a boundary, this key study develops a vision of a powerful international organization reconciling a global political economy with its own designs and a specific set of challenges posed by the African region. This analysis details the nature of the World Bank intervention in the sovereign frontier, investigating institutional development, discursive intervention, and political stabilization. It tackles the methods by which the World Bank has led a project to re-shape certain African states according to a governance template, leading to the presentation of 'success stories' in a continent associated with reform failure.