Tuesday, December 8, 2009

Impact Assessments in Finance and Private Sector Development: What Have We Learned and What Should We Learn?

I call to our readers' attention a new article in the World Bank Research Observer, Impact Assessments in Finance and Private Sector Development: What Have We Learned and What Should We Learn?, by David McKenzie, who makes the important point that we need better evaluative tools, including impact assessments to determine whether or not programs are effective.

ABSTRACT: Until recently rigorous impact evaluations have been rare in the area of finance and private sector development. One reason for this is the perception that many policies and projects in this area lend themselves less to formal evaluations. However, a vanguard of new impact evaluations on areas as diverse as fostering microenterprise growth, microfinance, rainfall insurance, and regulatory reform demonstrates that in many circumstances serious evaluation is possible. The purpose of this paper is to synthesize and distill the policy and implementation lessons emerging from these studies, use them to demonstrate the feasibility of impact evaluations in a broader array of topics, and thereby help prompt new impact evaluations for projects going forward.

3 comments:

  1. Very interesting. Yet another call to engage in gathering evidence it seems to me. I have tweeted it through the CJLD. Thanks for sharing

    ReplyDelete
  2. i read a lot of stuff and i found that the of writing clearifing that exactly want to say was very good so i am impressed and ilike to come again in future..

    Visit here

    ReplyDelete
  3. After the economic meltdown that took the world over last year,Invest Gold Majestic gold is now considered to be the only investment that is of quality and can act as a long-term store of wealth, unlike all the other financial assets and investments.

    ReplyDelete