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

Author/Editor:

Antonio Bassanetti

Publication Date:

December 3, 2021

Electronic Access:

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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.

Series:

Working Paper No. 2021/285

Frequency:

regular

English

Publication Date:

December 3, 2021

ISBN/ISSN:

9781616357146/1018-5941

Stock No:

WPIEA2021285

Pages:

30

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