A scathing report from the Independent Evaluation Office (IEO) highlights the IMF’s lack of transparency and accountability, but there appears to be little interest amongst shareholders in IEO’s conclusions or the suggestion that Europe consolidate its representation on the IMF board.
Are “randomised evaluations” a better way of doing aid and development policy?
DOCTORS study diseases from several vantage points. Laboratory scientists peer into microscopes to observe the behaviour of bugs. Epidemiologists track sickness in populations. Drug-company researchers run clinical trials. Economists have traditionally had a smaller toolkit. When studying growth, they put individual countries under the microscope or conduct cross-country macroeconomic studies (a bit like epidemiology). But [...]
