Like most policies based on ideals, structural adjustment was subject to modification. In the late 1980s and early 1990s, the World Bank shifted slightly to a revised neoliberal model that stressed a different version of Keynesianism, “market-friendly state intervention” and “good governance” (political pluralism, accountability, and the rule of law), conditions again found typical in the state interventionist East Asian “miracle economies” (Kiely 1998). The World Development Report for 1990 dealt with poverty for the first time since the McNamara era. The bank outlined a two-pronged approach: on the one hand, policies that promoted the use of labor, the poor’s most abundant asset, by harnessing market incentives; and, on the other, the provision of basic services to the poor, like primary health care, education, and nutrition. The World Bank has become far more important in setting development policy than its annual $24.7 billion of lending—a mere 2–3% of the capital flows to the Third World—would suggest. As one commentator puts it: “The bank is to economic development theology what the papacy is to Catholicism, complete with yearly encyclicals” (Holland 1998—“yearly encyclicals” referring to the annual World Development Reports).