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Date: 2019-09-19 Page is: DBtxt001.php list0300-Disbursement-1

Definitions for TrueValueMetrics
Disbursement

Metrics should serve the needs of society ... but the easy metric that has been most important in the Breton Woods institutions and their development clones has been disbursement. The World Bank and the others have used disbursement as a metric for performance for decades even though this measure on relates to progress and performance in a very indirect way.

There are cases where disbursement is a useful proxy for results, this is not so when it is used to the exclusion of almost anything else.

Disbursement serves as a fairly good proxy for activity ... but does not measure results other than in a very controlled and stable environment. By definition, development, when it is successful, is not stable, but progressing ... and the only metric worth having is are measures for progress and performance.



The text being discussed is available at

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TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
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