Everyone has great ideas when it comes to designing development projects or policies. At the drawing board, and with a bit of ideological support, an abundance of ideas are born that could easily improve countless lives. However, these ideas, while sound in theory, don´t always work. If only there was a time machine to take us to the future to verify the effectiveness of … [Read more...] about Timely thoughts on impact evaluations
Measuring our performance
By: Isabel Contreras and Juanita Riaño (IADB´s Office of Institutional Integrity) Every year on December 9 the International Anti-Corruption Day is celebrated. This year’s message reminds us that we all have a responsibility in the fight against corruption, as it hinders achieving our goals of sustainable development, and reducing poverty and inequality in Latin-America … [Read more...] about Corruption: peeking below the tip of the iceberg
Are we supporting sound investments? Are they making a difference? How do we know and learn? How can others know? These are questions that we ask our-selves every day, and although we don’t have all the answers – nobody does – every year we attempt to get closer at having them and to report on what we have learned in our Development Effectiveness Overview. … [Read more...] about Everything you always wanted to know on IDB projects, but were afraid to ask
In well-functioning markets, new ventures either succeed or fail. In contrast, up to 2005, all aid agencies created since 1945 were still in existence (see the book on Aid by Harford and Klein here and here). Given its nature, the aid system exists in an arena that is not subject to the invisible hand of efficient markets. For years the questions asked were, how much aid, and … [Read more...] about The M in M&E: Ugly Duckling or Swan?
On March 15th during IDB’s Annual Meeting in Montevideo, we launched the third edition of the Development Effectiveness Overview. As in previous years the DEO is divided in two parts: (i) Accountability: where we the effectiveness of our work (at all stages and in all products) is measured, monitored and reported. (ii) Learning: where we report on what the Bank is … [Read more...] about Development Effectiveness Overview 2011