Claudia Buch: Evaluation and macroprudential policy Speech by Prof Claudia Buch, Deputy President of the Deutsche Bundesbank, at the Annual meeting of the Verein für Socialpolitik, Münster, 7 September 2015. *  *  *  Ladies and gentlemen The theme of this year’s annual meeting of the Verein für Socialpolitik is “Economic development – theory and policy”.
The evaluation of development aid projects has a relatively long tradition – from which many other policy areas may benefit. Much greater use could still be made of research findings on the evaluation of the efficiency and effectiveness of public projects and economic policy measures. I wish to illustrate this using macroprudential policy as an example. Why are development aid projects frequently evaluated?