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

Impact Assessments in Finance and Private Sector Development: What Have We Learned and What... 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The World Bank Research Observer Oxford University Press

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

The World Bank Research Observer , Volume 25 (2) – Aug 6, 2010

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References (69)

Publisher
Oxford University Press
Copyright
© Published by Oxford University Press.
Subject
Articles
ISSN
0257-3032
eISSN
1564-6971
DOI
10.1093/wbro/lkp011
Publisher site
See Article on Publisher Site

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.

Journal

The World Bank Research ObserverOxford University Press

Published: Aug 6, 2010

Keywords: JEL codes O16 O17 C93

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