WHAT TOP THINKERS THINK ABOUT DEVELOPMENT

Prof. Banerjee declared that people get themselves into an intellectual trap when thinking into these absolute categories of institutions. Indeed, there are all kinds of failures, even within the “good” institutions. Prof. Banerjee concluded that if we take the institutions of these countries as given and basically make ourselves buy standards rather than saying most countries have bad policies, not particularly by design but because of accidental failures, we delay the process of removing poverty by many years. For this reason, he emphasised that we need to be present and wisely intervene on an intellectual level, and not simply overbear through the policy process.

Organized in partnership with:
SHARE SEND MAIL PRINT