Sentence:  But these countries have made big strides toward developing the necessary human and social overhead capital ; they have established reasonably stable and effective governmental institutions at national and local <WSD>levels</WSD> ; and they have begun to develop a capacity to deal realistically and simultaneously with all the major sectors of their economies . 
Meaning of the word marked with <WSD> tags:  a specific identifiable position in a continuum or series or especially in a process