Evaluating development programmes 5 What is impact evaluation? 6 Types of evaluation 7 Evidence-based policy making 8 Evaluation questions; hypotheses and performance indicators Development Finance (IFMR) Monitoring an Dec 2,2013 2/11 d Evaluation It is a process that increases “the range of human choice” [sen,2000] Development is a multidimensional concept: HDI (UNDP) Growth is unidimensional: PCI, GDP
Growth and development are interdependent: two-way causality Inclusive growth or growth with a ‘human face’ Eradication of “capability” deprivations: hunger, malnutrition, access to healthcare, education, etc. Efficiency vs Equity: Bhagwat’ vs Sen 3/11 Development economics as a discipline Emerged in 1940s (following World War II): Asian, African and Caribbean colonies became independent How to achieve development in these emerging economies? Their problems are wholly different from those in advanced countries Need for planning was felt Promoters of development: The World Bank and its affiliates, agencies of I-IN, etc.
New evelopment economics went beyond classical(Smith, Malthus, Ricardo) and neoclassical predecessors 4/11 lopment economics as a discipline Why a separate discipline? “Development economics consists in part of the refinement of general economics to deal with questions which arise in the context of development, and partly of certain special ideas which have proved useful in studying developing countries. ” [Bliss, Handbook of Development Economics(1989)] Development economics is dead (Hirschman, 1981; Lal, 1983): ‘East Asian Miracle’ as a triumph of free market Initial phase: industrialisation (Mahalanobis model); inward looking policies