What do you mean by policy evaluation?

Policy Evaluation:

Policy evaluation refers to the systematic assessment of the design, implementation, and impact of a policy to determine its effectiveness and efficiency in achieving its intended goals. It involves the collection and analysis of data to measure the outcomes and outputs of a policy, examining whether it has met its objectives, and identifying areas for improvement. Policy evaluation helps policymakers, stakeholders, and the public understand the success or failure of a policy, providing valuable insights for informed decision-making and future policy development. This process often involves the assessment of various dimensions, including economic, social, environmental, and political factors, to gauge the overall impact and effectiveness of the policy in addressing specific issues or challenges.