A frontier challenge for development strategy is to move beyond prescribing optimal economic policies, and instead - taking a broad view of the interactions between economic, political and social constraints and dynamics - to identify entry points capable of breaking a low-growth logjam, and...

This paper examines historically the World Bank's twin features: lending to developing economies to achieve tangible results and advocating specific development policies. Section 1 provides some conceptual underpinnings for the view that an effective state is essential for development. It asks...