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

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Bringing in the Future

Strategies for Farsightedness and Sustainability in Developing Countries

By: William Ascher

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Hardcover | 1 March 2009 | Edition Number 1

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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. In "Bringing in the Future," William Ascher 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, Ascher applies strategies such as the creation and scheduling of tangible and intangible rewards, cognitive exercises to increase the understanding of longer-term consequences, self-restraint mechanisms to protect long-term commitments and enhance credibility, and restructuring policy-making processes to permit greater influence of long-term considerations. Featuring theoretically informed research findings and sound policy examples, this volume will assist policy makers, activists, and scholars seeking to understand how the vagaries of human behavior affect international development.

Industry Reviews

"This is an imaginative and sophisticated treatment of a tremendously important, albeit extremely complicated, collection of topics. Few authors could have carried this off as well as Ascher, given his long and varied career as both a distinguished policy scientist and responsible practitioner. Indeed, he virtually draws on almost everything he knows as he classifies, inventories, and assesses dozens of different ways, means, and strategies to promote what he terms 'farsightedness.'" - Garry D. Brewer, Yale School of Management"

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