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Author: Gary McMahon
Publisher: World Bank Publications
ISBN:
Category : Technical assistance
Languages : en
Pages : 46
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Book Description
April 1997 Although there is rarely any quantitative economic analysis of technical assistance loans or loan components, the author estimates that roughly 60 percent of the technical assistance in a sample of 40 projects was suitable for quantitative analysis. He also estimates that 80 percent of the technical assistance in the investment loans in his sample was not necessary for project implementation. Moreover, technical assistance was excluded from calculations of the economic rate of return, raising questions about its justification. McMahon recommends using more quantitative economic analysis in appraising technical assistance loans and loan components. After giving a brief history of technical assistance and the problems commonly associated with it, he describes classifications of technical assistance, proposes a new typology to be used for project appraisal, suggests methods for screening projects, and discusses different levels of economic analysis. He shows how the typology and economic analysis could be applied to 40 projects in the Europe and Central Asia region. Although some of the suggested approaches are sophisticated and demanding, much of it relies on fairly simple techniques. McMahon estimates that roughly 60 percent of the technical assistance in his sample was suitable for quantitative analysis. Using four case studies, he demonstrates how quantitative economic analysis could be used more frequently in the appraisal process. McMahon recommends that all technical assistance be classified according to the methodology suitable for its appraisal and evaluation. In cases in which little or no quantitative analysis is used, the staff officer can and should provide a justification - in which case it should still be possible to conceptualize the problem in economic terms. Essential technical assistance should be included when calculating the economic rate of return on a project. When technical assistance is excluded from this calculation, a strong justification for such assistance should be given or it should be omitted from the project. In his sample McMahon estimates that about 80 percent of the technical assistance in investment projects was not essential for project implementation. In the 12 projects for which an economic rate of return was calculated in the appraisal, the technical assistance was not included in the estimate - even though 53 percent of this technical assistance was deemed necessary to the project. This paper - a product of the Public Economics Division, Policy Research Department - is part of a larger effort in the department to study the effectiveness of foreign aid.
Author: Gary McMahon
Publisher: World Bank Publications
ISBN:
Category : Technical assistance
Languages : en
Pages : 46
Get Book Here
Book Description
April 1997 Although there is rarely any quantitative economic analysis of technical assistance loans or loan components, the author estimates that roughly 60 percent of the technical assistance in a sample of 40 projects was suitable for quantitative analysis. He also estimates that 80 percent of the technical assistance in the investment loans in his sample was not necessary for project implementation. Moreover, technical assistance was excluded from calculations of the economic rate of return, raising questions about its justification. McMahon recommends using more quantitative economic analysis in appraising technical assistance loans and loan components. After giving a brief history of technical assistance and the problems commonly associated with it, he describes classifications of technical assistance, proposes a new typology to be used for project appraisal, suggests methods for screening projects, and discusses different levels of economic analysis. He shows how the typology and economic analysis could be applied to 40 projects in the Europe and Central Asia region. Although some of the suggested approaches are sophisticated and demanding, much of it relies on fairly simple techniques. McMahon estimates that roughly 60 percent of the technical assistance in his sample was suitable for quantitative analysis. Using four case studies, he demonstrates how quantitative economic analysis could be used more frequently in the appraisal process. McMahon recommends that all technical assistance be classified according to the methodology suitable for its appraisal and evaluation. In cases in which little or no quantitative analysis is used, the staff officer can and should provide a justification - in which case it should still be possible to conceptualize the problem in economic terms. Essential technical assistance should be included when calculating the economic rate of return on a project. When technical assistance is excluded from this calculation, a strong justification for such assistance should be given or it should be omitted from the project. In his sample McMahon estimates that about 80 percent of the technical assistance in investment projects was not essential for project implementation. In the 12 projects for which an economic rate of return was calculated in the appraisal, the technical assistance was not included in the estimate - even though 53 percent of this technical assistance was deemed necessary to the project. This paper - a product of the Public Economics Division, Policy Research Department - is part of a larger effort in the department to study the effectiveness of foreign aid.
Author: Gary McMahon
Publisher:
ISBN:
Category :
Languages : en
Pages : 41
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Book Description
Although there is rarely ...
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292577646
Category : Business & Economics
Languages : en
Pages : 175
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Book Description
Project economic analysis is a tool used by the Asian Development Bank (ADB) to ensure that ADB operations comply with its Charter. The guidelines in this publication are a revised version of the 1997 edition. The revision responds to the changing development context and ADB operational priorities, and aims to address the recommendations of the ADB Quality-at-Entry Assessments for more methodological work on project economic analysis. The revised guidelines provide general principles for the conduct of project economic analysis, and should be read together with handbooks, technical reports, and other reference materials published by ADB dealing with sector-specific project economic analysis in detail.
Author: James Price Gittinger
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
Projects: the "cutting edge" of development; Identifying costs and benefits of agricultural projects; Selecting proper values; Comparing costs and benetits; Applying discounted measures of project worth; Financial analysis cosiderations for agricultural projects; Source of assistance for project preparation.
Author:
Publisher:
ISBN:
Category : Energy consumption
Languages : en
Pages : 74
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Book Description
Author: Pedro Belli
Publisher: World Bank Publications
ISBN: 9780821348505
Category : Business & Economics
Languages : en
Pages : 294
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Book Description
This books presents general principles and methodologies of quantitative risk analysis; provides theory and practice of how to evaluate health, transport and education projects and describes how to assess the environmental impact of projects. It looks at how the tools of cost benefit analysis can be applied from the point of view of the private sector, public sector, bankers, and the country as a whole. It encourages analysts to answer a number of key questions that are likely to increase success rather than simply describing techniques. This book as aimed at all concerned with resource allocation and is presented in an accessible fashion. It is required reading at World bank Institute courses.
Author: Asian Development Bank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
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Book Description
Aiming to support the development of a framework for the analysis of risk in project design and economic analysis, this handbook outlines technical approaches to modeling risk. Also summarized is the nature and practice of sensitivity analysis in dealing with uncertain outcomes as well as the principles to consider in typical risk analysis situations sector by sector. Case studies are included to demonstrate the application of quantitative risk analysis using actual Asian Development Bank projects to help improve project design and quality. Handbook users will learn to identify factors that are the key determinants of project outcomes, determine the likelihood of an individual project's returns being unacceptable, and design measures to mitigate the risks arising from the identified key factors.
Author: Michael S. Bowman
Publisher: Pearson
ISBN:
Category : Business & Economics
Languages : en
Pages : 632
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Book Description
This book provides a practical approach to making integrated financial decisions in contemporary organizations. While mathematics is used throughout, it focuses on the application of the math techniques used in real-world settings. Examples, Questions, Problems, and Discussion Cases balance quantitative analysis, team based decisions, technical factors, and qualitative information. A four-part organization covers financial concepts, financial analysis and time value of money, financial decision making, and continuous financial improvement. For those working in design, process and manufacturing engineering, purchasing, and financial analysis in both manufacturing and service organizations; for members of financial improvement teams; and for technical and senior managers.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292570781
Category : Science
Languages : en
Pages : 201
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Book Description
Climate change represents an increasing threat to the continued development of the people, preservation of ecosystems, and economic growth of Asia and the Pacific. Mainstreaming climate risk management in all aspects of development is thus key to an effective transition to climate-resilient development pathways. ADB's climate risk management framework aims to reduce risks resulting from climate change to investment projects in Asia and the Pacific. A key step in this framework is the technical and economic valuation of climate-proofing measures. This report describes the conduct of the cost-benefit analysis of climate proofing investment projects. An important message is that the presence of uncertainty about climate change does not invalidate the conduct of the economic analysis of investment projects, nor does it require a new type of economic analysis. However, the presence of uncertainty does require a different type of decision-making process in which technical and economic expertise combine to present decision makers with the best possible information on the economic efficiency of alternative designs of investment projects.
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290929588
Category : Business & Economics
Languages : en
Pages : 367
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Book Description
The Asian Development Bank (ADB) has been continuously undertaking measures to enhance the effectiveness of its operations. To improve projects both at the preparation and implementation stages, ADB issued the Guidelines for Economic Analysis of Projects in 1997 as a means to enhancing project quality at entry. The conduct of proper economic analysis helps ensure the efficient use of development funds and public resources and thereby increase aid effectiveness. This practical guide is a supplement to the Guidelines for the Economic Analysis of Projects. It provides an overview of recent methodological developments in cost-benefit analysis as well as suggested improvements in the economic analysis of projects in selected sectors through case studies. These case studies illustrate the application of suggested methodologies, taking into account sector-specific needs, as well as difficulties faced by practitioners in terms of data and time constraints during project processing. It also aims to contribute to ADB’s capacity building initiatives as this will be the main reference material for conduct of economic analysis.
