The aim of this paper is to identify ways for improvement of the Foresight evaluation framework on the basis of analysis and systematization of accumulated experience in the field of project management. The paper is based on a detailed literature review related to an evaluation of Foresight and...

We examine 994 estimates of the effects of IMF programs on economic growth as reported by 36 studies. The mean reported effect is positive, but the estimates vary widely. We use meta-regression analysis to disentangle sources of this variation, addressing model uncertainty with Bayesian Model...

As the impact of strategic decision-making at the corporate, sectoral and national levels increases, there are growing demands for high quality and solid Foresight outputs. In this regard, a timely detection and elimination of problems in Foresight projects is of great importance. A thorough...

We revisit the link between the risk of sovereign default and default costs. Contrary to prior literature, we show that higher costs of default may result in higher default probabilities, lower bond prices, and fiscal limits that are not pinned down by economic fundamentals. Government debt...

We show that three factors combine to explain the mean excess sensitivity reported in studies estimating consumption Euler equations: the use of macro data, publication bias, and liquidity constraints. When micro data are used, publication bias is corrected for, and the households under...

This research explores the key stages and methods for the identification of weak signals (WS) and wild cards (WC) in foresight methodology. Theoretical approaches and practical projects in this field were studied, key characteristics and features of these concepts were identified. A review of...

Technology foresight is mainly conducted by applying a combination of qualitative and quantitative methods. An evidence-based approach implies covering a wide range of information sources, as well as the active application of quantitative methods for processing. Therefore, it is very important...

In times of fiscal stress, governments fail to adjust fiscal policy in line with the requirements for debt sustainability. Under these circumstances, monetary policy impacts the probability of sovereign default alongside inflation dynamics. Uribe (2006) studies the relationship between inflation...