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Cover -- Half Title -- Title Page -- Copyright Page -- Contents -- FOREWORD -- INTRODUCTION -- PART 1: THE ROLE OF INSTITUTIONS IN DEVELOPMENT -- 1. Institutions in development: the country, research, and operational challenges -- 2. Institutions, markets, and development outcomes -- Comments, Thráinn Eggertsson -- Comments, Ishrat Husain -- Floor discussion -- 3. Institutions, policies, and development outcomes -- Comments, Lee J. Alston -- Comments, Mustapha K. Nabli -- Floor discussion -- 4. Reinvigorating state institutions -- Comments, Robert Klitgaard -- Comments, Christopher Clague -- Floor discussion -- PART 2: INSTITUTIONS AND GOVERNANCE STRUCTURES -- 5. Fostering fiscally responsive and accountable governance: lessons from decentralization -- Comments, Wallace E. Oates -- Comments, Laura Kullenberg -- Floor discussion -- 6. Transaction cost economics and public sector rent-seeking in developing countries: toward a theory of governance failure -- Comments, Mancur Olson, Jr -- Comments, Peter Eigen -- Floor discussion -- 7. Performance contracts: a tool for improving public services? -- Comments, Leroy Jones -- Comments, Tawfiq E. Chowdhury -- Floor discussion -- 8. Reforming budgetary institutions in Latin America: the case for a national fiscal council -- Comments, Juan L. Cariaga -- Comments, Jonathan D. Breul -- Floor discussion -- 9. Credible regulatory policy: options and evaluation -- Comments, Daniel Artana -- Comments, Yingyi Qian -- Floor discussion -- PART 3: INSTITUTIONAL DEVELOPMENT AND SOCIAL CAPITAL -- 10. Defining social capital: an integrating view -- 11. An institutional framework for learning from failed states -- Comments, Harris Mule -- Comments, I. William Zartman -- Floor discussion -- 12. Learning from early childcare and education programs -- Comments, Willem H. van der Eyken -- Comments, Nohra Rey de Marulanda