As the World Bank Group’s chief economist and senior vice-president for development economics, Indermit Gill, put it in a recent article in The Economist newspaper, explaining his institution’s reassessment of what developing countries may do in their pursuit of development, the fundamentals of economic policy include “a healthy and educated workforce, good business regulations, adequate infrastructure for transport and energy, and stable macroeconomics that encourage private savings and investment”.
Corruption and its discontents, By Uddin Ifeanyi
