Risk Analysis And Program Evaluation

< Back to: Volume 3 - 1988 - Fall
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Evaluation studies by the Government of Canada follow standard procedural guidelines but have been retrospective and idiosyncratic in their methodologies. Therefore, they do not enable comparisons of the likely future effectiveness of competing programs. In contrast, the World Bank uses a combination of benefit/cost analysis and risk analysis to produce standard "bottom line" measures of program effectiveness. The latter approach makes evaluation studies more useful in decision making.

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