No Recipe for Long-Run Development

    Poverty is not a simple problem. Hence there is no one formula to attaining long-term development, says William Easterly, co-director of New York University's Development Research Institute. History, he adds, has shown that progress cannot be planned as growth in rich nations happened unexpectedly.

    About the author

    • David Lepeska

      David has served as U.N. correspondent for the newswire UPI and reported for several major newspapers, including the New York Daily News and Newsday. He was chief correspondent for the Kashmir Observer in Srinagar, India, and regularly contributes to the Economist, among other publications. Since 2007, David has reported for Devex News from Washington, New York, as well as South Asia.