The presumably failed law and development revived in the 1980s, with the proliferation of law reform projects based on neoliberal ideals. These projects supported liberal reforms such as privatization and trade liberalization, with the emphasis on the rule of law. Substantial investments were made on these projects by international development agencies such as the World Bank, USAID, and other public agencies and private foundations, but these law reform projects were criticized for being ineffective or causing adverse impacts on development in many places in the world.