Part-2
Countries invest huge amounts of money and resources into development projects without real evidence that they will work; almost like placing risky bets.
It shows how poor planning, political pressure, and weak accountability often lead to wasted funds and failed outcomes.
The author argues for smarter policies, better data, transparency, and local solutions instead of one-size-fits-all strategies.
🎯 Core message:
Real development isn’t about big bets, it’s about informed decisions, accountability, and understanding real needs.
Gambling on Development
Stefan Dercon