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

Download or read book When Does Capacity Development Achieve Good Outcomes? Evidence from the IMF Results-Based Management Data written by Antonio Bassanetti and published by International Monetary Fund. This book was released on 2021-12-03 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.