Is Economic Analysis of Projects Still Useful?

Is Economic Analysis of Projects Still Useful? PDF Author: Pedro Belli
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
Are the tools for economic analysis of projects - developed nearly a quarter century ago - still relevant? Yes, but they need to answer new questions. The author argues for a shift in the focus of economic analysis of projects. First, project analysts need to make full use of project information, especially identifying the source of the divergence between market prices and economic costs as well as the source of the divergence between economic and private flows, and the group that pays the cost or enjoys the benefits. This information identifies gainers, and losers, likely project supporters and detractors, and fiscal impact. Second, project analysts need to look at the project from the perspective of the main stakeholders, principally the implementing agency, the government, and the country. Third, they should also assess whether all of the main actors have the economic and financial incentives to implement the project as designed. Fourth, they should take advantage of advances in technology and attempt to identify and measure any external effects of projects, as well as the benefits of education and health projects. Finally, they should take advantage of the advances in personal computing to provide a more systematic assessment of risk.This paper - a product of the Operations Policy Department - is part of a larger effort in the department to improve economic analysis of projects.

Is Economic Analysis of Projects Still Useful?

Is Economic Analysis of Projects Still Useful? PDF Author: Pedro Belli
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
Are the tools for economic analysis of projects - developed nearly a quarter century ago - still relevant? Yes, but they need to answer new questions. The author argues for a shift in the focus of economic analysis of projects. First, project analysts need to make full use of project information, especially identifying the source of the divergence between market prices and economic costs as well as the source of the divergence between economic and private flows, and the group that pays the cost or enjoys the benefits. This information identifies gainers, and losers, likely project supporters and detractors, and fiscal impact. Second, project analysts need to look at the project from the perspective of the main stakeholders, principally the implementing agency, the government, and the country. Third, they should also assess whether all of the main actors have the economic and financial incentives to implement the project as designed. Fourth, they should take advantage of advances in technology and attempt to identify and measure any external effects of projects, as well as the benefits of education and health projects. Finally, they should take advantage of the advances in personal computing to provide a more systematic assessment of risk.This paper - a product of the Operations Policy Department - is part of a larger effort in the department to improve economic analysis of projects.

Is Economic Analysis of Projects Still Useful?

Is Economic Analysis of Projects Still Useful? PDF Author: Pedro Belli
Publisher: World Bank Publications
ISBN:
Category : Analisis costo-beneficio
Languages : en
Pages : 20

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Book Description


Guidelines for the Economic Analysis of Projects

Guidelines for the Economic Analysis of Projects PDF 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.

The Economics of Project Analysis

The Economics of Project Analysis PDF Author: William Augustus Ward
Publisher: World Bank Publications
ISBN: 9780821317518
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
'The Economics of Project Analysis: A Practitioner's Guide' is written for project practitioners, for instructors in agricultural project economic analysis, and for students of that subject. This guide extends and complements the discussion of project and policy economics contained in the second edition of 'Economic Analysis of Agricultural Projects', by J. Price Gittinger--referred to throughout this volume as Gittinger (1982). ISBN10:0-8213-1751-2 ISBN13:978-0-8213-1751-8

Economic Analysis of Projects

Economic Analysis of Projects PDF Author: Lyn Squire
Publisher: World Bank Publications
ISBN: 9780801818189
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
Basic notions of cost-benefit analysis; Derivation of shadow prices; Estimation of shadow prices; Technical derivation of shadow prices.

Economic Analysis of Projects

Economic Analysis of Projects PDF Author: Herman G van der Tak
Publisher:
ISBN:
Category : Economic development projects
Languages : en
Pages : 156

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Book Description


Economic Analysis of Investment Operations

Economic Analysis of Investment Operations PDF 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.

Guidelines for the economic analysis of projects

Guidelines for the economic analysis of projects PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 126

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Book Description


Economic Analysis of Climate-Proofing Investment Projects

Economic Analysis of Climate-Proofing Investment Projects PDF 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.

Guidelines for the Economic Analysis of Projects

Guidelines for the Economic Analysis of Projects PDF Author: Economics and Development Resource Center (Asian Development Bank)
Publisher:
ISBN:
Category : Economic development projects
Languages : en
Pages : 183

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Book Description