IDB TO HELP FUND NEW INITIATIVES FOR CARIBBEAN BUSINESS
17 febrero 2011
Fuente: Published by The Jamaica Observer
Fuente: Published by The Jamaica Observer
Washington, February 17- The Inter-American Development Bank (IDB) Tuesday launched its project under which it will provide up to US$50,000 for each of eight proposals to carry out impact assessment methodologies in institutional strengthening programmes for government agencies in Latin America and the Caribbean.
The IDB said the "Measuring Institutional Impact on the Region of the Americas (MIRA)", is aimed at demonstrating that institutional strengthening initiatives achieve their principal objectives and therefore contribute to economic development.
It will also seek to reduce the knowledge gap on the impact of institutional strengthening and improve the design of future public policies.
The IDB said that the formulation of an effective methodology for assessing impact on programmes to strengthen institutional capacity "is critical for ensuring that these activities achieve their principal objectives, which are to help improve public policies, increase competitiveness, and promote economic development and social equity".
It said that the MIRA is open to public institutions either individually or in partnership with non-profit or for-profit organisations, academic institutions, research centeres, or bilateral development agencies.
"A committee of experts will evaluate the proposals according to the clarity of their objectives, their capacity to provide empirical documentation on the impact of capacity strengthening initiatives, their ability to demonstrate causal relationships based on the results, and their incorporation of elements of cost-efficiency," the IDB said.
It said the eight winners will have the opportunity to work with IDB specialists in developing their methodologies, which will help provide them with recognition as leaders in issues of institutional capacity building and impact assessment.
The winners will receive up to an additional $25,000 to replicate their methodologies in Latin America and the Caribbean. The competition ends on May 15.
