The Birth and Death of Big Institutions
By Paul Polak The failure of development is closely tied to the ossification of big institutional structures. The World Bank was born as a vehicle for reconstructing Europe after World War II, a task it carried out with amazing success. But when it morphed into a massive institution to address global poverty, it didn’t do so well. Schumacher launched a revolution in design with his admirable book, Small is Beautiful, but the appropriate technology institutions that emerged from it became ossified, failed to address market forces and died. The Politics of Innovation I define institutions as radical ideas cast in concrete. The radical notion that…