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

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https://orcid.org/0000-0003-3709-3282
Series:
IMF Working Papers
Volume/Issue:
Volume 2021: Issue 285
Language:
English
Publication Date:
03 Dec 2021
DOI:
https://doi.org/10.5089/9781616357146.001
ISBN:
9781616357146
ISSN:
1018-5941
Pages:
30
Keywords:
Capacity Development; Evaluation; Results-Based Management; outcome rating; core activity; CD Project design; results chain; management data; IMF CD; Probit models; Central bank operations; Tax administration core functions; Western Hemisphere; Sub-Saharan Africa; Middle East and Central Asia
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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.
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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.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2021: Issue 285