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Hidden Rules of Development

Stephen Brien

Re-reading the development record through its anomalies

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Substack
PricingOnly free issuesPublishesTwice weekly
Issues25Founded4 months agoLast Issue6 days ago
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Latest Issues

What I’ve been reading

Pieces I’ve been reflecting on this month make analogous arguments from different angles: the standard toolkit of development economics looks shakier than the field is willing to admit. What’s left when you strip out the tools points somewh...

6 days ago
6
1

A Government Whose Costs All Fall Outward Is Bluffing

  • Governments announce reform constantly, and are believed by no one.

    • Reagan fired eleven thousand air traffic controllers in a day, and was believed at once. A borne cost cannot be faked.

    • What proves intent, and what tells reform...

7 days ago
3

Indonesia: The Ratchet That Built the Crash

  • Indonesia was brilliantly managed. It was never managed toward what transformation requires.

    • Every crisis the state absorbed was one it could no longer force it to change.

    • The cost of a manageable correction, one bad enough to m...

11 days ago
4
1

Indonesia Spent Thirty Years Arguing About the Wrong Thing

  • Indonesia halted 600 per cent inflation, rode two oil booms without ruin, fed itself, and pulled most of its people out of poverty.

    • It wanted more than growth. It set out to become a different kind of economy, and paid real prices to...
14 days ago
10
7

Reform Windows Are Made, Not Found

The short version:

  • Reformers are taught to wait for a crisis to open a window.

  • Most crises open nothing, and plenty of reform happens with no crisis at all.

  • The window is not the event. It is the moment someone treats as an o...

17 days ago
2

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  • Stephen Brien

    I’ve worked across government, development and strategy in the UK, Middle East and Africa, and led the Legatum Prosperity Index. I’m a Visiting Senior Fellow at Artha Global & Future Africa, and Chair of the UK Social Security Advisory Committee.

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