Title
Bringing In The Future: Strategies For Farsightedness And Sustainability In Developing Countries
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Humans are plagued by shortsighted thinking, preferring to put off work on complex, deepseated, or difficult problems in favor of quickfix solutions to immediate needs. When shortterm thinking is applied to economic development, especially in fragile nations, the resultscorruption, waste, and faulty planningare 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 longterm 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 longerterm consequences, selfrestraint mechanisms to protect longterm commitments and enhance credibility, and restructuring policymaking processes to permit greater influence of longterm 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.
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