Beating the Odds: Jump-Starting Developing Countries

How poor countries can ignite economic growth without waiting for global action or the creation of ideal local conditions

Contrary to conventional wisdom, countries that ignite a process of rapid economic growth almost always do so while lacking what experts say are the essential preconditions for development, such as good infrastructure and institutions. In Beating the Odds, two of the world's leading development economists begin with this paradox to explain what is wrong with mainstream de...