Determining reasonable indicators for mitigation and adaptation climate change projects is complex. Actions taken now are often designed to have an impact in the uncertain and distant future and may not directly affect climate change, but be taken as a step to prepare for future actions. In addition, there is a spectrum of projects, from the pure climate change-focused … [Read more...] about Indicators to assess the effectiveness of climate change projects
Second-tier development banks: some evidence from Colombia
In an effort to shed some light on the effectiveness of government-owned development Banks, the Institutions for Development Sector (IDS) at the IDB financed two studies on the impact of Bancoldex, the second-tier public development Bank in Colombia. The two studies, which I co-authored with Marcela Meléndez and Marcela Eslava, evaluate the effect of Bancoldex on both firm … [Read more...] about Second-tier development banks: some evidence from Colombia
Is religion good for health and education?
It’s Easter, or as the Uruguayans call it, “tourism week”. So let us talk about religion and development. The immense majority of the world’s population is religious and believes that religion is important. According to the World Values Survey, 70% of the world’s population considers them-selves a “religious person”. In almost all of the developing countries that participate … [Read more...] about Is religion good for health and education?
Randomized Control Trials on a Budget
A few weeks ago, Martin Ravallion wrote a great blog on “shoe-string” evaluations, in which he suggested that there are ways of bypassing two of the most costly items in rigorous Impact Evaluations: contemporaneous credible baseline data; and second, “objectively assessed outcome indicators”, which are based on surveys. Ravallion then proposed a “shoestring” solution that … [Read more...] about Randomized Control Trials on a Budget
What Works in Development?
Given the importance that institutionalization of monitoring and evaluation (M&E) capacities is assuming in the Region, on Thursday March 15 at the IDB Annual Meeting we organized jointly with IDRC the seminar “What works in development? Impact evaluation for the design and implementation of public policies.” The seminar was a very stimulating opportunity to generate a high … [Read more...] about What Works in Development?