The approach of 2015, the target date of the Millennium Development Goals, sets the stage for a global reengagement on the question of “what is development?” We argue that the post-2015 development framework for development should include Millennium Development Ideals which put into...

Governments play a major role in the development process, and constantly introduce reforms and policies to achieve developmental objectives. Many of these interventions have limited impact, however; schools get built but children don't learn, IT systems are introduced but not used, plans are...

Arguably nothing is more important to long-run improvement in human well being than a high quality basic education for every child. Promoting the achievement of this goal requires a serviceable positive model of education policies—a coherent causal explanation of why governments actually do...

Organizations that fund development projects whether they be governments, multi-laterals, bilateral agencies, or NGOs have to make hard decisions about what to fund. In this decision there is an inherent tension between funding activities that have solid evidence about effectiveness and funding...

At the very time that professional skepticism concerning the effectiveness of foreign aid has reached new heights, donors seem to be ready to substantially increase the volume of aid they are willing to make available. This paper attempts to address this paradox by first examining the record of...

There is some scepticism about Korea as role model of development as the Korean model involved a considerable degree of state activism, unacceptable in today.s global environment. This paper propose a .capability-based view. of the country.s catch-up development, arguing that the real lesson...

Improved governance and lower start-up costs may not be sufficient for encouraging the type of entrepreneurship that matters for economic growth. Using panel data on 60 countries spanning the period 2003-07 this paper establishes that (i) opportunity-motivated entrepreneurship (as opposed to...

The Chilean development story of the last two to three decades is a mix of successes in the macro, growth, poverty and trade fronts but also of failure in reducing chronic inequality of income and wealth. In addition, the current growth patterns have serious impacts on the environment, natural...