
I have had a chance only to skim the Introduction but I already like the Report from the Commission on Growth and Development. Its understanding of economic development testifies to the authors’ deep experience. Examine a developing economy sinking into poverty and you will usually find difficult circumstances (geography, demography, history) but also, in every case, government that is mediocre at best; often self-serving and unaccountable.
Successful cases share a further characteristic: an increasingly capable, credible, and committed government. Growth at such a quick pace, over such a long period, requires strong political leadership. Policy makers have to choose a growth strategy, communicate their goals to the public, and convince people that the future rewards are worth the effort, thrift, and economic upheaval. They will succeed only if their promises are credible and inclusive…


