In this context, development policies would need to become more concerned with macroeconomic stability and to rely much more on deregulated markets and private initiative not only in productive activities but also in the provisioning of social services. The market reforms would be conducive to “getting the prices right” and provide the necessary incentives for businesses and households to improve efficiency and invest in a better future. Different levels of success in achieving development were no longer explained by differences in initial conditions, but rather by whether the “right” policies (market-friendly, fiscally sound) or the “wrong” ones (interventionist) had been conducted.