At their meeting in Baden-Baden, Germany, in March 2017, the G20 reaffirmed their commitment to a structured evaluation of these reforms and the FSB published the draft framework for a public consultation (FSB 2017). The framework will be submitted to the G20 Leaders’ Summit in Hamburg for endorsement and will subsequently be published. II.
Embedding evaluation in a structured policy process Policy evaluation needs to be part of a structured policy process, which involves four steps: Step 1: Specify the objectives of reforms The objectives of reforms need to be defined as a benchmark against which progress can be measured.