US EditionEffective governance and state capacity are key to economic development - Caribbean News Global
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Effective governance and state capacity are key to economic development - Caribbean News Global
By Chiara Bronchi, Rita Ramalho and Tanu Kumar Despite billions spent on education, healthcare, and infrastructure, why do so many countries struggle to achieve meaningful development outcomes? Is it a matter of spending more—or spending better? The World Bank Group has long acknowledged the critical role of governance in ensuring efficient public spending. This commitment gained prominence in 1996 when the late World Bank president Jim Wolfenso…
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