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Evidence for Policy Design EPoD conducts development economics research, training, and policy outreach. We aim to improve lives by designing, testing and enabling better policies worldwide. We work closely with policymakers to solve some of the most pressing policy problems through innovation, testing and iteration at all stages of solution development. Researching new strategies and tactics to assist public organizations struggling with incomplete or ineffective policy implementation. Led by Professors Ricardo Hausmann and Matt Andrews, this executive program provides a framework for understanding economic growth, as well as sophisticated tools for diagnosis, decision-making, and implementation. Over weeks, you will have the opportunity to apply concepts, frameworks, and tools to the economic growth challenge you are addressing in your city, region, or country. The panelists agreed that divergences between the Right and the Left have been widening globally over past decades. The HarvardGrwthLab works to understand the dynamics of growth and to translate those insights into more effective policymaking in developing countries. They have a new newsletter on the latest publications, job opportunities, and more. My latest column, summarizing my research with X. The Impact of Manpower Development on Efficient The Impact of Manpower Development on Efficient

The Trust collaborates with nonprofits, governments, donors, and other key stakeholders to enable the successful usage of outcomes-based financing tools. It also works in partnership with the UK Government Outcomes Lab at the University of Oxford and the Impact Bond Working Group to contribute to global research and development to grow the outcomes financing sector. Abha: Having been in the sector for a while now, we realised that while some development problems can be solved through philanthropy, there are many others that might benefit from a different approach. As social sector practitioners, we usually assess how we can do better work, be it through our programmes, monitoring and evaluation systems, or technology.

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However, when it comes to financing, the approach has been limited to grants, or at best, impact investing. From our substantial experience of working in South Asia, we knew that while philanthropy by itself could be incredibly positive, it was not enough. There was also the DNA within the organisation and the diaspora—ambitious, risk-taking, and a passion to create impact at scale. So, we found support for our work very quickly. However, the real driver for us getting into this space was to explore critical answers to the questions we had around the impact of existing development solutions: Could we achieve bigger and better impact if financial tools are approached differently?

What needs to change and how do we do it?

Could we try new approaches and leverage new sources of finance to do this? Which types of social problems are better suited to this approach?

The Impact of Manpower Development on Efficient

The need to think differently about funding, outcomes, and programme effectiveness was the starting point for us. And having asked ourselves the above questions, we made the decision to expand our work to embrace social finance. Saleem: In India, when we were initially exploring potential funders for the Effiient Education India QEI DIB, what came through repeatedly was the interest among donors to look at new forms of funding.

This was driven largely by the realisation that the traditional approach of deploying grants did not offer them any certainty of results.

LET'S DO THIS. TOGETHER.

Large foundations and CSR funders were also keen on exploring innovative funding vehicles that would offer them an opportunity to create long-term sustainable impact. Once we identified and recognised this, we decided to build on that. Abha: Doing something new always takes time. So, while there was an Thhe, we still had to convince a wide range of stakeholders within an organisation about the potential of impact bonds as an effective and efficient mode of financing.

The Impact of Manpower Development on Efficient

This was particularly difficult because at that point in time, there was no evidence to back our claims—while impact bond had been used in the Here and US, evidence to support our work in India or South Asia did not exist. We also had to prove to stakeholders and donors that we had skin in the game, and work on co-creating the solution with them.]

The Impact of Manpower Development on Efficient

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