Author: Jesper Johnsøn, Senior Advisor, U4 Anti-Corruption Resource Centre, Chr. Michelsen Institute
U4 Issue, December 2014, No. 10
Abstract:
Cost-effectiveness
and cost-benefit analysis methods are currently underutilised in
evaluations of governance and anti-corruption reforms in developing
countries. This limits opportunities to inform policy and may lead to
suboptimal reform choices and programme designs. In general, complicated
interventions such as national anti-corruption strategies or
anti-corruption agencies do not lend themselves easily to cost-analysis
approaches, often due to the challenge of measuring the impact in terms
of reduced corruption. However, cost-effectiveness analysis – and in
some cases cost-benefit analysis – of sector programmes with inbuilt
anti-corruption measures is a useful tool for guiding decision makers as
they choose between alternative integrity measures and assess the
return on investment. Cost-benefit analysis hinges on an ability to
translate outcomes into a monetary value, something most feasible with
public finance–related interventions. Where outcomes cannot be
monetised, there are still opportunities for cost-effectiveness
analysis. Two impact evaluation designs are presented that make use of
cost-effectiveness analysis to overcome corruption measurement
challenges. Using such designs, the value of anti-corruption activities
can be evaluated even without measuring corruption.
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