IMF Working Papers

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

By Antonio Bassanetti

December 3, 2021

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Format: Chicago

Antonio Bassanetti. When Does Capacity Development Achieve Good Outcomes? Evidence from the IMF Results-Based Management Data, (USA: International Monetary Fund, 2021) accessed December 26, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

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.

Subject: Central bank operations, Central banks, Econometric analysis, Probit models, Revenue administration, Tax administration core functions

Keywords: Capacity Development, CD Project design, Central bank operations, Core activity, Evaluation, IMF CD, Management data, Middle East and Central Asia, Outcome rating, Probit models, Results chain, Results-Based Management, Sub-Saharan Africa, Tax administration core functions, Western Hemisphere

Publication Details

  • Pages:

    30

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2021/285

  • Stock No:

    WPIEA2021285

  • ISBN:

    9781616357146

  • ISSN:

    1018-5941

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