In developing countries the twin tasks of building more dispersed and democratic governments and opening economies to freer markets and greater private ownership have been attempted in tandem-and have proved a difficult undertaking. A reduction in barriers to the movement of capital and goods...

In developing countries the twin tasks of building more dispersed and democratic governments and opening economies to freer markets and greater private ownership have been attempted in tandem-and have proved a difficult undertaking. A reduction in barriers to the movement of capital and goods...

As with any large scale governmental activity, there are always questions about how well a function is performed in accomplishing its manifold objectives: are decisions well informed, coordinated, and cost effective? In the case of public investments, these issues are all the more important...