David Yamron, Jovan Johnson, Shahrukh Wani, and Adrien Ciret
5 episodes
9 months ago
What motivates leaders to undertake potentially costly actions where there is uncertainty of the identity of winners and losers? The loser could in fact be the leader undertaking the reform itself. In a new working paper, London School of Economics’ Jean-Paul Faguet and Mahvish Shami argue that it might be for unrelated reason. Leaders might be undertaking costly institutional reform for short-term political reasons without factoring in the long-term change in incentive structure. They call this concept “instrumental incoherence.” In this episode of the “The World Isn’t Flat”, Shahrukh Wani talks to Professor Jean-Paul Faguet, on instrumental incoherence and how this intuitive concept can help explain the reform processes in many developing countries, and the potential policy implication of his new paper.
About Jean-Paul Faguet:
Professor Jean-Paul Faguet is the Professor of the Political Economy of Development at the Department of International Development of the London School of Economics, and Co-Programme Director of the MSc in Development Management. He is also Chair of the Decentralization Task Force at Columbia University’s Initiative for Policy Dialogue.
Professor Faguet’s current work focuses on historical institutions, inequality and long-term, divergent development outcomes in Colombia and Latin America. More broadly, his fields include political economy, comparative politics, institutional economics, economic development and economic history. Before coming to the LSE he worked for the World Bank in La Paz, Bolivia on health, education, early childhood development and the environment. He trained in both politics and economics at Princeton, Harvard and the LSE, where his dissertation won the William Robson Memorial Prize.
Follow him on Twitter at @jpfaguet
About Shahrukh Wani:
Shahrukh “Shah” Wani is an Economist at the International Growth Centre (IGC) at the Blavatnik School of Government. He is the co-host of "The World Isn't Flat."
Follow him on Twitter at @ShahrukhWani
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What motivates leaders to undertake potentially costly actions where there is uncertainty of the identity of winners and losers? The loser could in fact be the leader undertaking the reform itself. In a new working paper, London School of Economics’ Jean-Paul Faguet and Mahvish Shami argue that it might be for unrelated reason. Leaders might be undertaking costly institutional reform for short-term political reasons without factoring in the long-term change in incentive structure. They call this concept “instrumental incoherence.” In this episode of the “The World Isn’t Flat”, Shahrukh Wani talks to Professor Jean-Paul Faguet, on instrumental incoherence and how this intuitive concept can help explain the reform processes in many developing countries, and the potential policy implication of his new paper.
About Jean-Paul Faguet:
Professor Jean-Paul Faguet is the Professor of the Political Economy of Development at the Department of International Development of the London School of Economics, and Co-Programme Director of the MSc in Development Management. He is also Chair of the Decentralization Task Force at Columbia University’s Initiative for Policy Dialogue.
Professor Faguet’s current work focuses on historical institutions, inequality and long-term, divergent development outcomes in Colombia and Latin America. More broadly, his fields include political economy, comparative politics, institutional economics, economic development and economic history. Before coming to the LSE he worked for the World Bank in La Paz, Bolivia on health, education, early childhood development and the environment. He trained in both politics and economics at Princeton, Harvard and the LSE, where his dissertation won the William Robson Memorial Prize.
Follow him on Twitter at @jpfaguet
About Shahrukh Wani:
Shahrukh “Shah” Wani is an Economist at the International Growth Centre (IGC) at the Blavatnik School of Government. He is the co-host of "The World Isn't Flat."
Follow him on Twitter at @ShahrukhWani
S02E02: Private Delivery of Education in Developing Countries
The World Isn't Flat
35 minutes 37 seconds
7 years ago
S02E02: Private Delivery of Education in Developing Countries
Private school education is on the rise in many developing countries. While this phenomenon has been driven by middle and upper-class demand for quality education and state failure to provide it, there has been a parallel trend of low-cost private schools catering to families living on just a few dollars a day.
In this episode we talk about three parts of the debate surrounding this transformation: 1) What's behind the rise of private education; 2) The role of the state in the face of increasing private provision of education, and 3) the long-run implication of private education.
This is Part I of a series on state capacity in developing countries with a focus on public goods.
In conversation, David, Shahrukh, Jovan, and Adrien.
The music in this podcast is "Clandestino" (1998) by Manu Chao.
The World Isn't Flat
What motivates leaders to undertake potentially costly actions where there is uncertainty of the identity of winners and losers? The loser could in fact be the leader undertaking the reform itself. In a new working paper, London School of Economics’ Jean-Paul Faguet and Mahvish Shami argue that it might be for unrelated reason. Leaders might be undertaking costly institutional reform for short-term political reasons without factoring in the long-term change in incentive structure. They call this concept “instrumental incoherence.” In this episode of the “The World Isn’t Flat”, Shahrukh Wani talks to Professor Jean-Paul Faguet, on instrumental incoherence and how this intuitive concept can help explain the reform processes in many developing countries, and the potential policy implication of his new paper.
About Jean-Paul Faguet:
Professor Jean-Paul Faguet is the Professor of the Political Economy of Development at the Department of International Development of the London School of Economics, and Co-Programme Director of the MSc in Development Management. He is also Chair of the Decentralization Task Force at Columbia University’s Initiative for Policy Dialogue.
Professor Faguet’s current work focuses on historical institutions, inequality and long-term, divergent development outcomes in Colombia and Latin America. More broadly, his fields include political economy, comparative politics, institutional economics, economic development and economic history. Before coming to the LSE he worked for the World Bank in La Paz, Bolivia on health, education, early childhood development and the environment. He trained in both politics and economics at Princeton, Harvard and the LSE, where his dissertation won the William Robson Memorial Prize.
Follow him on Twitter at @jpfaguet
About Shahrukh Wani:
Shahrukh “Shah” Wani is an Economist at the International Growth Centre (IGC) at the Blavatnik School of Government. He is the co-host of "The World Isn't Flat."
Follow him on Twitter at @ShahrukhWani
