Although the quest for growth remains as elusive as it was more
than a decade ago, there is now much greater consensus on the
policies and institutional changes that are needed to foster growth
and economic development. But debate continues on the timing,
sequencing, and local adaptation of these reforms. Furthermore,
although the benefits of reform are well documented--the reasons as
to why and when reforms occur still remain somewhat unclear. Many
countries go through long periods of stagnation or even decline,
without being able to create an environment for change, while
others seem able to break the hold of vested interests and start
following paths of reform. In October 2004, the Operations
Evaluation Department (OED) of the World Bank held a conference on
the Effectiveness of Policies and Reform. This event provided a
forum at which participants--over 500 government officials, civil
society representatives, and World Bank staff--could discuss how to
improve the effectiveness of World Bank support for development
policies and reform programs. Included in this volume are the
contributions of distinguished development practitioners on issues
such as: the links between good performance and policy change; how
windows of opportunity can best be used to promote reform; how
ownership of policies and reform programs can be encouraged; and
how developed country policies can be improved to create a better
global environment for development. Ajay Chhibber is director of
the Operations Evaluation Department of the World Bank and was
World Bank country director for Turkey from 1997 to 2003. R. Kyle
Peters is senior manager, Country Evaluation and Regional
Relations, in the Operations Evaluation Department of the World
Bank. Barbara J. Yale is a consultant with the Operations
Evaluation Department of the World Bank.
General
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