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Author: Massimo Florio Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
In this paper we analyse data on the rates of return of investment projects sponsored by three international institutions: the European Union, the European Bank for Reconstruction and Development, the World Bank. The focus of the paper is on the evaluation of the variability of ex-ante economic rates of return, of financial rates of return and ex-post or re-estimated economic rates of return. We propose a framework of analysis of rates of return variations across projects, sectors, financing institutions, of the wedge between economic and financial, and of the gap between ex-ante and ex-post returns. In principle the same framework could be used for comparing rates of return variability of development projects across countries, time of approval or exit, or other relevant sampling criterion. We discover a pattern of variations across sectors. And we find that cost-benefit analysis generates larger variability of rates of return than financial analysis.
Author: Massimo Florio Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
In this paper we analyse data on the rates of return of investment projects sponsored by three international institutions: the European Union, the European Bank for Reconstruction and Development, the World Bank. The focus of the paper is on the evaluation of the variability of ex-ante economic rates of return, of financial rates of return and ex-post or re-estimated economic rates of return. We propose a framework of analysis of rates of return variations across projects, sectors, financing institutions, of the wedge between economic and financial, and of the gap between ex-ante and ex-post returns. In principle the same framework could be used for comparing rates of return variability of development projects across countries, time of approval or exit, or other relevant sampling criterion. We discover a pattern of variations across sectors. And we find that cost-benefit analysis generates larger variability of rates of return than financial analysis.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9290929588 Category : Business & Economics Languages : en Pages : 367
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.
Author: Michael Roemer Publisher: Praeger Publishers ISBN: Category : Business & Economics Languages : en Pages : 264
Book Description
Textbook on project analysis techniques for use in project selection and project evaluation, based on case studies of development projects in Ghana - covers resource allocation, cost benefit analysis and shadow prices, and includes applications in mining, agriculture, manufacturing and road construction. References and statistical tables.
Author: John Weiss Publisher: Edward Elgar Publishing ISBN: 1781002592 Category : Business & Economics Languages : en Pages : 297
Book Description
For over fifty years project analysis techniques have been applied in the assessment of development projects where poorly designed and appraised projects can waste scarce resources. This study examines the continued relevance of this approach, assesses methodological developments over this period and investigates current practical problems in the application of these techniques. This major work brings together authors with experience of both academic and operational project work to focus on issues such as the shadow exchange rate, the shadow wage, the discount rate and assessment of poverty impact and risk, as well as problems relating to specific sectors covering environmental projects, transport, education and health. There are also general chapters on the experience of semi-input–output-based estimation of shadow prices and the relevance of shadow pricing techniques to the context of developed economies in the EU. An overview by the editors sets out the evolution of the literature and highlights current issues. The general conclusion is that project analysis techniques remain relevant, albeit within a very different development context to that in which they were originally envisaged to be applied. With new perspectives on key economic parameters, this book will appeal to academics working on development, officials involved with project aid programmes, postgraduate students of development and professional economists working on development projects.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292577646 Category : Business & Economics Languages : en Pages : 175
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: William Ascher Publisher: World Bank Publications ISBN: Category : Contaminacion ambiental Languages : en Pages : 31
Book Description
The fundamental political economy of early commitment to grandiose projects of uncertain environmental consequence has not been overturned. Projects with environmental impacts often have unacceptably low rates of return; governments and international agencies frequently fail to reject projects of this type. More realistic evaluations will help. It is important to hold those responsible for appraising a project accountable for their appraisals.
Author: Chun-Yan Kuo Publisher: ISBN: 9781790667505 Category : Languages : en Pages : 599
Book Description
This is textbook for university students and a manual for professionals. It gives an in-depth treatment of the theory and application of Cost-Benefit Analysis, using an integrated approach where the financial, economic, stakeholder and risk analyses are carried out in a single integrated project model. Fully developed case examples are presented for both public and public private partnership investment expenditures.
Author: Gordon A. Bridger Publisher: ISBN: Category : Business & Economics Languages : en Pages : 232
Book Description
Guide to project selection and project evaluation of public investment development projects - discusses project design, project management, financing, cost benefit analysis, etc., as regards infrastructure and industrial projects and agricultural projects (incl. Transport, education, health, housing, water supply, waste disposal, etc.). Bibliography and glossary.
Author: Massimo Florio
Author: Massimo Florio
Author: Massimo Florio
Author: Massimo Florio
Author: Asian Development Bank
Author: Michael Roemer
Author: John Weiss
Author: Asian Development Bank
Author: William Ascher
Author: Chun-Yan Kuo
Author: Gordon A. Bridger