Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses...

This report seeks to inform the development of a framework for addressing governance reform in fragile and conflict affected environments through are view of international experiences. The report analyzes the experience both of countries that sustained a transition to peace and those that fell...

Experience shows that there is often ample room for more effective and efficient use of investment tax incentives in low-income countries. Tax incentives generally rank low in investment climate surveys in low-income countries, and there are many examples in which they are reported to be...

Paul Wolfowitz, President of the World Bank, discussed the fight for good governance and the fight against corruption. More and more African countries are taking on the challenge of corruption. It is important to work with the private sector to combat corruption in developing countries. It...

The European Union's Cohesion Policy is its biggest investment instrument. It supports the Europe 2020 strategy of smart, sustainable, and inclusive growth. With a budget of EUROS 351.8 billion for 2014-2020, the Cohesion Policy accounts for around one-third of the EU budget. The Cohesion Policy...

This background paper addresses four questions. They may seem to be independent, but I hope to show they are closely connected. The questions are: 1) What did Weber say when he defined the modern state as the organization with a monopoly on the legitimate use of violence? 2) What conceptual...