What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...

This book aims to reclaim the mission, relevance and intellectual orientation of development studies - something that is increasingly challenged from different directions. Confronted by the status quoist enterprise of randomized control trials (RCTs) on the one hand and the radical endeavour to...

Chapter 1: Introduction -- Chapter 2: Whatever happened to the Third World -- Chapter 3: What preceded development economics -- Chapter 4: The first generation of development economists -- Chapter 5: The second generation of development economists -- Chapter 6: Main components of the third...