World Bank’s “Let’s Talk Development”: Financial incentives in health: the magic bullet we were hoping for?
Adam Wagstaff, research manager of the Development Research Group at the World Bank, discusses the effectiveness of financial incentives for health, including pilot performance-based financing (PBF) projects, by examining various case studies, and writes, “So far, despite the widespread hope that financial incentives are a magic bullet for developing countries, and despite the large financial commitments, the evidence is still pretty skimpy…” (9/9).