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Countries need capacity for a variety of reasons, including sustaining economic growth, generating jobs, reducing poverty, effectively managing development programmes, and transforming societies and economies. A lot of effort has been expended to develop capacity in Africa with mixed results....
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In the 21st century, many developing countries will become emerging markets and will no longer be in need of the carrot-and-stick approach to development assistance most prevalent today: development financing made available conditional on certain policies and interventions. This paper suggests...
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for PDPs. Even in the presence of market failures, the policy instruments applied are not necessarily the most … economically efficient but rather the most politically feasible options. In addition, the lack of policy evaluation and monitoring … prevents adjustments and corrections of such policies. Addressing the arguments for policy intervention and incorporating the …
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