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Additional info for States and Development: Historical Antecedents of Stagnation and Advance
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28 Peter Evans Markets and bureaucracy—even in combination—don’t ensure transparency and accountability and some level of transparency and accountability is necessary for economic effectiveness. Consequently, some admixture of “bottom-up” control is likely to be a requisite for sustained developmental success. The “radical” liberal regimes that put markets and bureaucracy at the service of oligarchs were developmentally less effective in the long run than the “reformist” liberal regimes that were forced to respond to pressures from subordinate groups.