Does the development spark reside in bottom-up projects, or do macro-level economists have all the answers? The best recent work indicates a convergence of the two camps around diagnostic, pragmatic, experimental, and context-specific strategies.
Reformers in this mold are suspicious of "best practices" and universal blueprints. They look instead for policy innovations, small and large, that are tailored to local economic circumstances and political complications.
The field of development policy can and should be reunified around these shared diagnostic, contextual approaches.
Via Paola Rattu