There is ample evidence that managers have a large effect on firm performance and productivity. In a recent study of the performance of development projects in Latin America we find that project team leaders matter for project success, and to the extent that they do, on aggregate they matter for the success of development finance. Even if the impact of additional development … [Read more...] about Do Leaders Matter?
Solving development challenges is a complex task. Rigorous research show that some programs do not work as intended and that most that do work have no huge impacts. A sensible way to proceed when designing development projects is to be guided by three types of evidence: evidence in the identification of the problem, in the drafting of the solution, and evidence generated from … [Read more...] about Three sources of evidence for solving development challenges
When it comes to finding out what works and what doesn’t work in development, it is worth noting the efforts made by the Inter-American Development Bank to measure the effectiveness of its projects. Over the past three years, the Bank has managed to significantly increase the number of projects that incorporate rigorous impact assessments based on experimental and … [Read more...] about Applying impact assessments to non-traditional lending areas