When Does Capacity Development Achieve Good Outcomes? Evidence from the IMF Results-Based Management Data

When Does Capacity Development Achieve Good Outcomes? Evidence from the IMF Results-Based Management Data
READ MORE...
Volume/Issue: Volume 2021 Issue 285
Publication date: December 2021
ISBN: 9781616357146
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Paperback
PDF
ePub
English
Prices in red indicate formats that are not yet available but are forthcoming.
Summary

Capacity development is one of the IMF’s core activities. Its impact is monitored through a Results-Based Management framework. Using for the first time the resulting dataset, the paper investigates how the likelihood of achieving targeted outcomes correlates with macroeconomic conditions and project-specific characteristics. Results indicate a positive correlation with per capita GDP growth and the involvement of resident advisors and regional centers. Results also confirm lower chances of achieving targeted outcomes for fragile, conflict-affected, and small states as well as in complex projects. These findings inform Fund CD strategy, prioritization and delivery to help member countries achieve better outcomes.