The Hard Part: Building Public Sector Capabilities

Gustavo Crespi, Eduardo Fernández-Arias and Ernesto Stein
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Eduardo Fernández-Arias: University of California
Ernesto Stein: University of California

Chapter 10 in Rethinking Productive Development, 2014, pp 321-358 from Palgrave Macmillan

Abstract: Abstract This book argues that productive development policies (PDPs) are an important component of a successful development strategy. But designing and implementing successful PDPs is not easy. To begin with, the process requires a well-oiled learning mechanism to diagnose market failures amenable to policy intervention, and design sound policy initiatives. Furthermore, it is not enough to get the policy design right; the public sector as a whole and the agencies in charge of specific policies (which we will call productive development agencies or PDAs) must also have the right capabilities to implement them.1

Keywords: Private Sector; Public Sector; Corporate Governance; Policy Design; Hard Part (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39399-9_10

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DOI: 10.1057/9781137393999_10

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