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Bringing in the Future
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Bringing in the Future: Strategies for Farsightedness and Sustainability in Developing Countries

William Ascher

Abstract

Humans are plagued by shortsighted thinking, preferring to put off work on complex, deep-seated, or difficult problems in favor of quick-fix solutions to immediate needs. When short-term thinking is applied to economic development, especially in fragile nations, the results—corruption, waste, and faulty planning—are often disastrous. This book draws on the latest research from psychology, economics, institutional design, and legal theory to suggest strategies to overcome powerful obstacles to long-term planning in developing countries. Drawing on cases from Africa, Asia, and Latin America, the ... More

Keywords: short-term thinking, economic development, fragile nations, corruption, waste, institutional design, legal theory, long-term planning, developing countries, self-restraint mechanisms

Bibliographic Information

Print publication date: 2009 Print ISBN-13: 9780226029160
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226029184.001.0001

Authors

Affiliations are at time of print publication.

William Ascher, author

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