Economic Evaluation of Sustainable Development

1. Front Matter

   Pages i-xxiii

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2. Evaluation, Economics, and Sustainable Development

   • Vinod Thomas, Namrata Chindarkar

   Pages 1-23Open Access

3. The Spectrum of Impact Evaluations

   • Vinod Thomas, Namrata Chindarkar

   Pages 25-61Open Access

4. The Picture from Cost-Benefit Analysis

   • Vinod Thomas, Namrata Chindarkar

   Pages 63-94Open Access

5. Objectives-Based Evaluation for Accountability and Learning

   • Vinod Thomas, Namrata Chindarkar

   Pages 95-123Open Access

6. Conclusion and Future Directions

   • Vinod Thomas, Namrata Chindarkar

   Pages 125-142Open Access

7. Correction: Economic Evaluation of Sustainable Development

   • Vinod Thomas, Namrata Chindarkar

   Pages C1-C1Open Access

8. Back Matter

   Pages 143-145

   PDF

• Open Access
• Development Evaluation and Sustainable Development
• Development Finance and Sustainable Development
• Impact Evaluation and Sustainable Development
• Cost and Benefit Analysis and Sustainable Development
• Objectives-based economic evaluation
• Inclusive Economic Growth and Sustainable Development
• Inequality and Sustainable Development
• Environmental Sustainability
• Governance and Sustainable Development
• Evaluation, Economics and Development
• Spectrum of Impact Evaluations
• Accountability for Development Financing

“This book focuses on the many problems that arise in evaluating past decisions and informing pending ones. Over the entire spectrum of policies relating to social and economic development. It takes readers on a guided tour of three main approaches, citing real-world examples in each case. Readers can gain much from the knowledge and wisdom reflected in its pages, based on the many decades its authors have spent in the struggle to improve human conditions around the world. Here one can learn not only about hopeful approaches, but also about their limitations and the many real-world obstacles that must be confronted in their application. Overall, a serious and honest attempt to inform readers of how complex are the problems of accelerating economic and social development, and a call for greater application of available techniques and approaches in this struggle.” (Arnold Harberger, Distinguished Professor Emeritus, University of Chicago and University of California Los Angeles)

“The book's central theme -- that evaluation should inform economic policy making -- is a key message for those in the business of sustaining development, growth and poverty reduction.” (Emmanuel Jimenez, Executive Director, International Initiative for Impact Evaluation)

“This book is an excellent primer on (i) economic approaches to evaluation, (ii) objectives-based evaluation and (iii) their application to the framework of the Sustainable Development Goals. It will prove essential to students and scholars, but also to policy analysts who need practical methods to evaluate projects and policies in the new terrain, and to understand the conceptual and analytical foundations of proposed methods.” (Ravi Kanbur, T.H Lee Professor of World Affairs, Cornell University)

“In a world awash with data, very few people know how to move from data to evidence. This book is an invaluable guide to the tools and techniques that can be used. It links the disciplines of economics and evaluation and shows how the big challenges of our times—like achievement of the Sustainable Development Goals—depend on us all learning how to learn.” (Homi Kharas, Interim Vice President and Director, Global Economy and Development, The Brookings Institution )

“This book is important and timely. It provides a detailed road map towards excellence in the evaluation of sustainable development at the higher plane of global policy.” (Robert Picciotto, Former Director General, Independent Evaluation Group, The World Bank)

“Thomas and Chindarkar do an excellent job of providing tools to practitioners and guide them through the application of economics tools to evaluations of sustainable development. Impact evaluation, cost-benefit analysis, and objectives-based evaluations are married in a very nice collection of chapters that teaches and advocates high quality work. I recommend it highly.” (Jyotsna Puri, Head, Independent Evaluation Unit, Green Climate Fund)

“The strengths of this book are its broad approach to policy evaluation—embracing both impact evaluation and economic analysis—and the clarity of its exposition, backed up by many examples. This is a very welcome contribution.” (Martin Ravallion, Edmond D. Villani Chair in Economics, Georgetown University, Washington DC)

“This Book offers a timely and most needed contribution to the field of evaluation, by bridging the gap between economics and evaluation methods. Thomas and Chindarkar have succeeded in presenting a compelling discussion on the application of economics approaches to traditional evaluation practices to improve the assessment of policy, program and project development effectiveness.” (Marvin Taylor-Dormond, Director General of Evaluation of the Asian Development Bank)  

“This book has brought together and integrated major approaches to the evaluation of development policies and projects and indicated their strengths and complementarities in a much needed way. The reader will learn and benefit much from it.” (George S. Tolley, Professor Emeritus of Economics, The University of Chicago)

• Lee Kuan Yew School of Public Policy, National University of Singapore, Singapore, Singapore

  Vinod Thomas, Namrata Chindarkar