The author’s last note touched on Keynes’ idea of risk and his suggestions for developing countries. In developing countries, one can calculate the amount of fixed political parameters, without taking into consideration the authorities in charge. What remains uncertain is the political framework, however. Development policy must center on an attempt to establish constant and stable political parameters as a first priority.
Monday, December 28, 2009
Keynes: The Return of the Master
Keynes: The Return of the Master - a recent discussion from World Bank