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Re-examination of Development Policies and Strategies: Some Political Economy Lessons

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New Development Strategies
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Abstract

Views on which policies and strategies are good for development have changed radically over the last half century. So too have the prevailing circumstances, particularly the national and international political and economic environments in which development policies are chosen. Not surprisingly, there have been two lags of considerable length in the adjustment process. First, views on desirable development policies have lagged behind the experience in development and the realization of changing circumstances. Second, the policies chosen have lagged considerably behind the views on good policy.

This chapter is a revised version of a paper presented at a workshop, held at the Institute of Developing Economies GETRO), Chiba, Japan, on 29 January 2002. The author expresses his gratitude to Grace Lim, Justin Lam and Paul Hughes for their help in obtaining information and preparing materials for the paper, and to Mustapha K. Nabli for permission to draw on an earlier paper of his.

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© 2004 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Nugent, J.B. (2004). Re-examination of Development Policies and Strategies: Some Political Economy Lessons. In: Kohsaka, A. (eds) New Development Strategies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230523609_3

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