Tuesday, June 17, 2014

DfID Gets a Failing Grade for its Private Sector Work | Center For Global Development

".............DfID’s management would be well-served to read a 2011 blog post  from David McKenzie, who is widely regarded as one of the foremost researchers on private sector development. David cites a 2010 IFC report which argues: “We know that it takes more than volume to meet the needs of the poor. That is why we carefully target our resources, selecting where our financing and advice can be deployed most effectively. And we set measurable goals to gauge our impact, and improve our performance. In 2009, our clients provided 2.2 million jobs, including nearly 514,000 in the manufacturing and services sectors.”  David says “clearly this is in no way a measure of impact, and presenting it as such is both disappointing to both researchers working on credible measures of the impacts of different projects, as well as to the readers who are being presented this information as if it is in any way informative about the effects of the World Bank Group’s work.”..........."


DfID Gets a Failing Grade for its Private Sector Work | Center For Global Development


Interesting perspective, balancing the different approaches and having open governance of the process is critical everywhere!

0 Comments:

Post a Comment

<< Home