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Qualifications of an IndicatorIndicators are quantifiable statistical markers which are used as proxies or substitutes for measuring conditions that are so complex that there is no direct measurement. They are used to describe the circumstances of societies, to monitor how well development outcomes are being achieved, and to set goals that reflect societal values. They disclose negative and positive trends in society. Indicators serve to measure policy and program progress and to increase accountability. Effective indicators are relevant, reliable, easy to understand, universal, timely and cost effective. Relevant indicators are ones that directly reflect the goals of policies and programs. Indicator measurement must be accurate, reliable, and comparable across geographical areas. Ideally, the indicator should be simple and easy to understand by the general public. Most importantly, information on it must be collectible at a reasonable cost and be available while there is still time to intervene. To summarize, a good indicator for an ADB rural development project needs to be 1) relevant to the development objectives of the project, 2) reliably measured through surveys or other empirical instruments, 3) available at minimal cost and comparable across nations and across geographical areas, 4) sensitive to change within the timeframe of the project, and 5) routinely collected by governments and widely accessible to ADB. Very few indicators fit the all the criteria and each indicator has its strengths and weaknesses. The next two sections discuss the most widely used indicator, income indicator and poverty lines. Download this Discussion Paper [ PDF 243.5KB| 22 pages ]. [previous chapter] [next chapter] Post a CommentWe welcome your feedback on this publication. Post a comment. ADBI is not obliged to acknowledge or publish comments and may abridge or edit them before web posting. Comment(s)There are [2] comment(s) for this entry. Post a comment.
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