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Development Policy and Development Economics: An …

Comp. by: PG1551 Stage: Revises1 ChapterID: 0001099274 Date:27/8/09 Time:20:50:55 PREFACED evelopment Policy andDevelopment Economics: AnIntroduction Dani RodrikKennedy School of Government, Cambridge, MA 02138, USAMark R. RosenzweigDepartment of Economics, Yale University, Box 208269, New Haven, CT 06520-8269, USAA nyone who undertakes to produce a volume of surveys in economic developmentmust confront the question: Does the world really need another one? There have beenfour volumes in the present series alone, going back to 1988 (Chenery & Srinivasan,1988), with the latest collection published in 2008 (Schultz & Strauss, 2008). The fieldchanges over time and, one hopes, knowledge accumulates. So, one motive is thedesire to cover the more recent advances. And indeed, economic Development hasbeen one of the most dynamic and innovative fields within economics in recent we had another motive as well.

work of applying economic reasoning and evidence to the context. Even in such ... tional resource allocations better reflect their suitability to differing local environments, but as studies reviewed by Behrman show, the implicit incentives built in to actual decentralization programs can undermine their achievements. Sim-

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