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Evaluating the Kenya Voucher Programme
David Phillips | William Steel
BDS interventions that subsidize transactions are often thought to hinder market development by signalling that BDS can be obtained at an artificially low price. The justification for voucher programmeshas been that MSEs are offered the chance to try out training at a temporarily reduced price, and if service providers respond to this opportunity, MSEs' lack of experience of the benefits of training is
overcome, and they continue to purchase training at a higher level in future. This article discusses the economic rationale for intervention, then considers how to measure the short- and long-term development
effects of incentives such as voucher and matching grant schemes. This is illustrated through an evaluation of the development impact of a recently ended voucher programme in Kenya, which shows signs of
success in creating permanent market expansion in BDS training for MSEs.
BDS interventions that subsidize transactions are often thought to hinder market development by signalling that BDS can be obtained at an artificially low price. The justification for voucher programmes
has been that MSEs are offered the chance to try out training at a temporarily reduced price, and if service providers respond to this opportunity, MSEs' lack of experience of the benefits of training is
overcome, and they continue to purchase training at a higher level in future. This article discusses the economic rationale for intervention, then considers how to measure the short- and long-term development
effects of incentives such as voucher and matching grant schemes. This is illustrated through an evaluation of the development impact of a recently ended voucher programme in Kenya, which shows signs of
success in creating permanent market expansion in BDS training for MSEs.
has been that MSEs are offered the chance to try out training at a temporarily reduced price, and if service providers respond to this opportunity, MSEs' lack of experience of the benefits of training is
overcome, and they continue to purchase training at a higher level in future. This article discusses the economic rationale for intervention, then considers how to measure the short- and long-term development
effects of incentives such as voucher and matching grant schemes. This is illustrated through an evaluation of the development impact of a recently ended voucher programme in Kenya, which shows signs of
success in creating permanent market expansion in BDS training for MSEs.
Group-based BDS matching grants and farm-level outcomes in Pakistan
Burki, Abid A.
Journal of Development Effectiveness, Vol. 7 (2015), Iss. 1 P.43
https://doi.org/10.1080/19439342.2014.959033 [Citations: 0]The market development approach to SMME development: Implications for local government in South Africa
Rogerson, Christian M.
Urban Forum, Vol. 17 (2006), Iss. 1 P.54
https://doi.org/10.1007/BF02681258 [Citations: 6]Tabs navigation
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