Strengthening the Economic Analysis of Natural Resource Management Projects

Strengthening the Economic Analysis of Natural Resource Management Projects PDF Author: Keith Ward
Publisher:
ISBN:
Category : Conservation of natural resources
Languages : en
Pages : 60

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Book Description
A review of a range of natural resources projects prepared during the 1990s by the Asian Development Bank (ADB) suggests that existing practices of economic analysis tend to capture only some of the impacts that such projects typically have. Historically, project analysis at ADB and elsewhere has tended to concentrate on identifying a monetized benefit in excess of 12 percent economic internal rate of return (EIRR) from direct resource use impacts, and simply identifying and describing "nonquantifiable" impacts. With the adoption of the ADB Environment Policy and the growing recognition that it is very often the poorest who suffer most from natural resource depletion and degradation, a case is made that more analytic rigor in capturing as many as possible of the resource impacts of such projects is desirable. This report therefore suggests some specific techniques to strengthen the economic analysis of natural resources projects, including improving the application of the "benefits transfer" method, defining the spatial boundaries of project economic analysis, establishing an appropriate accounting stance for the project, establishing the project's counterfactual (i.e., without-project) situation, and including the health impacts of such projects. The use of appropriate discount rates for sensitivity analysis and for investment decision making are discussed, and guidance is given on presenting the results of a project analysis and summarizing the poverty reduction impact of natural resource management projects.

Strengthening the Economic Analysis of Natural Resource Management Projects

Strengthening the Economic Analysis of Natural Resource Management Projects PDF Author: Keith Ward
Publisher:
ISBN:
Category : Conservation of natural resources
Languages : en
Pages : 60

Get Book Here

Book Description
A review of a range of natural resources projects prepared during the 1990s by the Asian Development Bank (ADB) suggests that existing practices of economic analysis tend to capture only some of the impacts that such projects typically have. Historically, project analysis at ADB and elsewhere has tended to concentrate on identifying a monetized benefit in excess of 12 percent economic internal rate of return (EIRR) from direct resource use impacts, and simply identifying and describing "nonquantifiable" impacts. With the adoption of the ADB Environment Policy and the growing recognition that it is very often the poorest who suffer most from natural resource depletion and degradation, a case is made that more analytic rigor in capturing as many as possible of the resource impacts of such projects is desirable. This report therefore suggests some specific techniques to strengthen the economic analysis of natural resources projects, including improving the application of the "benefits transfer" method, defining the spatial boundaries of project economic analysis, establishing an appropriate accounting stance for the project, establishing the project's counterfactual (i.e., without-project) situation, and including the health impacts of such projects. The use of appropriate discount rates for sensitivity analysis and for investment decision making are discussed, and guidance is given on presenting the results of a project analysis and summarizing the poverty reduction impact of natural resource management projects.

Strengthening the Economic Analysis of Natural Resource Management Projects

Strengthening the Economic Analysis of Natural Resource Management Projects PDF Author: Keith Ward
Publisher:
ISBN:
Category : Conservation of natural resources
Languages : en
Pages : 60

Get Book Here

Book Description
A review of a range of natural resources projects prepared during the 1990s by the Asian Development Bank (ADB) suggests that existing practices of economic analysis tend to capture only some of the impacts that such projects typically have. Historically, project analysis at ADB and elsewhere has tended to concentrate on identifying a monetized benefit in excess of 12 percent economic internal rate of return (EIRR) from direct resource use impacts, and simply identifying and describing "nonquantifiable" impacts. With the adoption of the ADB Environment Policy and the growing recognition that it is very often the poorest who suffer most from natural resource depletion and degradation, a case is made that more analytic rigor in capturing as many as possible of the resource impacts of such projects is desirable. This report therefore suggests some specific techniques to strengthen the economic analysis of natural resources projects, including improving the application of the "benefits transfer" method, defining the spatial boundaries of project economic analysis, establishing an appropriate accounting stance for the project, establishing the project's counterfactual (i.e., without-project) situation, and including the health impacts of such projects. The use of appropriate discount rates for sensitivity analysis and for investment decision making are discussed, and guidance is given on presenting the results of a project analysis and summarizing the poverty reduction impact of natural resource management projects.

Rents to Riches?

Rents to Riches? PDF Author: Naazneen Barma
Publisher: World Bank Publications
ISBN: 0821384805
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

Investing in Resilience

Investing in Resilience PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9290929502
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Investing in Resilience: Ensuring a Disaster-Resistant Future focuses on the steps required to ensure that investment in disaster resilience happens and that it occurs as an integral, systematic part of development. At-risk communities in Asia and the Pacific can apply a wide range of policy, capacity, and investment instruments and mechanisms to ensure that disaster risk is properly assessed, disaster risk is reduced, and residual risk is well managed. Yet, real progress in strengthening resilience has been slow to date and natural hazards continue to cause significant loss of life, damage, and disruption in the region, undermining inclusive, sustainable development. Investing in Resilience offers an approach and ideas for reflection on how to achieve disaster resilience. It does not prescribe specific courses of action but rather establishes a vision of a resilient future. It stresses the interconnectedness and complementarity of possible actions to achieve disaster resilience across a wide range of development policies, plans, legislation, sectors, and themes. The vision shows how resilience can be accomplished through the coordinated action of governments and their development partners in the private sector, civil society, and the international community. The vision encourages “investors” to identify and prioritize bundles of actions that collectively can realize that vision of resilience, breaking away from the current tendency to pursue disparate and fragmented disaster risk management measures that frequently trip and fall at unforeseen hurdles. Investing in Resilience aims to move the disaster risk reduction debate beyond rhetoric and to help channel commitments into investment, incentives, funding, and practical action

The Economics, Policy & Natural Resource Management Southern Africa Workshop

The Economics, Policy & Natural Resource Management Southern Africa Workshop PDF Author:
Publisher: Iucn Regional Office for Southern Africa
ISBN:
Category : Environmental economics
Languages : en
Pages : 114

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Book Description


Cost-Benefit Analysis for Development

Cost-Benefit Analysis for Development PDF 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.

Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy

Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy PDF Author: Thomas Hertel
Publisher: DIANE Publishing
ISBN: 1437900607
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.

ILRI Annual Workplans 2000

ILRI Annual Workplans 2000 PDF Author: International Livestock Research Institute
Publisher: ILRI (aka ILCA and ILRAD)
ISBN:
Category :
Languages : en
Pages : 236

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Book Description


Measuring Competitiveness in the World's Smallest Economies

Measuring Competitiveness in the World's Smallest Economies PDF Author: Ganeshan Wignaraja
Publisher: DIANE Publishing
ISBN: 1437900585
Category : Business & Economics
Languages : en
Pages : 45

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Book Description
Attempts to measure competitiveness (CP) across countries have typically neglected the world¿s smallest economies. Hence, a simple composite index, the Small State Manufactured Export CP Index or SSMECI, was developed to benchmark industrial CP. The SSMECI represents the first attempt to provide a comprehensive picture of the CP performance of small states. The performance of small states varies across geographical regions, income groups, & country size classes. High-performing small states had better macroeconomic conditions, higher levels of foreign invest., more trade openness, better levels of educ., & modern infrastructure. A coherent, market-oriented CP strategy in small states is vital to success on international markets. Tables.

Practices of Poverty Measurement and Poverty Profile of Nepal

Practices of Poverty Measurement and Poverty Profile of Nepal PDF Author: Devendra Chhetry
Publisher: DIANE Publishing
ISBN: 1437905641
Category : Social Science
Languages : en
Pages : 42

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Book Description
Reviews the poverty measuring practices, available measures of poverty, and economic growth figures of Nepal. The poverty rates for FY 1976-77, 1984-85, and 1995-96 are found to be not comparable due to change in methodology over time. The three poverty rates average 40%. Nepal has experienced high economic growth during the 7th (1985-86 to 1989-90) and 8th (1992-93 to 1996-97) Plan periods with no strong evidences of poverty reduction. This incompatible result is partially explained by comparing growth of the agricultural sector with the role of the sector in providing employment and income generation at the household level, and by comparing social indicators particularly literacy rate with the growth of the nonagricultural sector. Tables.