Impact assessment of financial market development through the lens of complexity theory
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Financial Market Impact Assessment (PDF)
Principal Investigator
Policy Theme
Funder
Financial Sector Deepening Trust, Kenya
Project dates:
01.10.12-01.02.13
Research Centre:
Centre for Development Studies
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The Financial Sector Deepening Trust, Kenya, is a multi-donor trust which funds a range of projects through which it intends to develop the financial sector to better support inclusive growth and serve the low income market.
The research intends to examine what complexity theory can offer to producing a more systematic approach to assessing the impact of its projects and programme more broadly. With donors ever more concerned to understand their impact and the value for money of their interventions it is important to develop a range of approaches which reflect the complexity of how impact actually arises. In contrast to the dominant paradigm of linear impact pathways frequently captured in logical frameworks, complexity theory emphasises the synergistic, path-dependent, contextual and non-linear dimensions which lead to impact.
The project will use case studies to explore how impact can be attributed and propose approaches to more systematic impact monitoring and assessment.
