Frontiers in Development Policy, developed for courses at the World
Bank and elsewhere, is a primer that examines interlinkages in various
parts of the economy and the need for practical policy making to reach
development goals in a globalized world of instabilities and
The global crisis of 2008–09 opened new discussions about a
plethora of economic and policy issues as well as basic concepts,
frameworks, and forms of evaluation. What is development? What are the
roles of political economy and institutions? How are private and public
sectors balanced in the economy? How can economies best achieve
structural transformation while ensuring human development and managing
growing risks and crises in a rapidly changing world?
The policy issues in this primer were selected because of their
importance to promote strong, sustainable, and inclusive growth in
low-income and middle-income developing countries; and because they are
“new and emerging” and necessitate debate among policy
makers and practitioners.
The book is divided into five parts. Part 1 clarifies basic concepts
in development policy, discusses the challenges of low- and
middle-income developing countries, and suggests frameworks for
Part 2 moves from the macroeconomic to the microeconomic; it focuses
on the private sector as the engine for growth and is balanced with
“softer” issues of the need for trust, accountability, and
corporate social responsibility.
Part 3 examines growing consensus on the need to balance the public
and private sectors’ roles in the structural transformation of an
economy. It also discusses newer thinking on industrial policy and
public-private partnerships in infrastructure.
Part 4 discusses human development policies in emerging topics-such
as education quality and investment in early childhood development,
health, and nutrition-and the roles of the state and the private
Finally, Part 5 looks at issues of global shocks and risks as well
as systems and institutions that need to be in place to manage such
risks-including climate change and financial crises-and new thinking on
social protection and insurance to mitigate adverse shocks.
This primer has been used by leading policy experts around the world
and is intended for policy makers, practitioners-particularly
government sector officials-and researchers from NGOs and think tanks
interested in international development policy and marketing
- Shipping Weight: 1.4 lbs (0.64 kgs)
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