How to assess if markets work better for the poor: Experiences from the Katalyst Project in Bangladesh
There is increasing demand for reports on the results and poverty impacts of private sector development projects. This article suggests that projects can respond to this demand through internal monitoring systems that provide both useful information for project management and estimated impacts on enterprises and poverty reduction. The article discusses the case of Katalyst, an M4P project in Bangladesh that has installed an internal monitoring system that uses a mid-range approach to impact assessment. Katalyst's impact assessment in the pond fish sector is presented, giving the details of what was measured, how it was measured, the conclusions drawn and follow up decisions made. Katalyst's overall impact monitoring system is then presented with an emphasis on how Katalyst balances accuracy with simplicity. The article concludes with Katalyst's perspective on how this system has been useful both for internal management and external reporting.