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This book presents a critical view of economic development in the last 50 years and evaluates different approaches taken that led to success or failure. It covers development policies, methods, procedures, as well as development project selection and how the one-size-fits-all approach taken by major players in development resulted in huge waste and disappointments. Global examples and comparisons are used to identify the need for selective strategies and new ways to assure development effectiveness.
ERNST G. FRANKEL is Emeritus Professor of Ocean Systems and Professor of Management at Massachusetts Institute of Technology, USA. His research interests are in large-scale project management and implementation. He has worked previously as a consultant to the World Bank, the Asia and Inter American Development Bank and to the Chinese, Nigerian and Singaporean Governments among others. He has been a project manager for infrastructure projects in areas such as logistics, education, power and transportation in 67 countries.