Designing good policies is one thing, implementing them is another
Forging and adopting technically sound policies is necessary for successful development, but it is not enough: any policy is only as good as its implementation. In this blog Michael Woolcock and Norman Loayza argue that policy implementation can fail for two broad reasons: (1) the absence of complementary measures needed to make the chosen policy effective; and (2) the inadequate capability of prevailing institutions and administrative systems.
