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At the Frontlines of Development
In 'At the Frontlines of Development' former World Bank country directors recount their experiences, both as managers of the World Bank's programs in global economic hotspots of the 1990s as well as throughout their careers in development economics. These essays detail, among many stories of development in the 1990s, how China and India lifted hundreds of millions out of poverty, while Russia collapsed; how Bosnia and Herzegovina and Mozambique remade their war-ravaged economies; and how Thailand, Turkey, and Argentina fell into financial crisis. These remarkable stories, told in first-person by the country directors who were there to witness them, provide candid assessments of development in the 1990s'what succeeded, what failed, and what lessons emerged. This book is part of a larger effort undertaken by the World Bank to understand the development experience of the 1990s, an extraordinary eventful decade. Each of the project's three volumes serves a different purpose. 'Economic Growth in the 1990s' provides comprehensive analysis of the decade's development experience, while 'Development Challenges in the 1990s' offers insights on the practical concerns faced by policymakers.
Political Economy of Policy Reform in Developing Countries
In this examination of the political economy of economic policy determination and evolution in developing countries, Anne Krueger provides concrete insights into the interaction of economic and political variables that determine the success or failure of such policies an understanding that is essential if economists are to provide realistic technical assistance in the formulation of economic policy reform programs. The debt crisis of the 1980s accompanied an era of slow economic growth. Developing countries had widely divergent experiences. Some, like the East Asian countries, weathered the recession to resume and even accelerate growth and to lower their debt-servicing ratios. Others, like ...
