This book brings together an international team of contributors to assess the political economy of the IMF and World Bank programs. Contributors include Stephen Coate, Stephen Morris, Ravi Kanbur and Allen Drazen.

This book is based on a simple concept: no one is in a better position to hold a government accountable than those it governs.

When governments fail to meet the needs of their citizens, the international community often turns to large external organizations such as the International Monetary Fund or the World Bank. These analysts and monitors may have the resources and expertise to analyze and advise on public spending and governance, but where do they go when the time comes to implement new policies? And can they really have a more nuanced understanding of the country's problems...

Mass education is vital to sustainable development, particularly in the information age. In The Education of Nations, Stephen Kosack provides a framework for understanding when a government will invest in quality mass education or concentrate on higher education restricted to elites. Drawing on detailed evidence from more than five decades in Taiwan, Ghana, and Brazil - three countries with little in common - Kosack demonstrates that two conditions lead developing nations to invest in mass education. The first of these is an economy in which employers face a shortage of skilled labor that...