Project Analysis in Developing Countries : Cost Benefit Analysis for Development / / Steve Curry and John Weiss

• Autore: Curry Steve
• Pubblicazione: Cham, Switzerland : , : Palgrave Macmillan, , [2023]; ©2023
• Edizione: Third edition.
• Descrizione fisica: 1 online resource (476 pages)
• Disciplina: 929.374
• Soggetto topico: Economic development projects - Developing countries - Evaluation
• Persona (resp. second.): WeissJohn
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Intro -- Preface to Third Edition -- Contents -- List of Figures -- List of Tables -- List of Boxes -- Chapter 1: Introduction -- Basic Ideas -- The Project Planning Process -- Changing Context for Project Analysis -- Other Approaches -- Outline of the Book -- Chapter 2: Main Features of Projects, Resource Statements and Financial Statements -- Project Viewpoints -- Prices -- Types of Projects -- Conventions Used in Drawing Up Project Resource Statements -- Investment Costs -- Operating Costs -- Working Capital -- Benefits -- Some Project Resource Flows -- Resource Statements and Financial Statements -- Use of Constant or Current Prices -- Discounting -- Discount Rate for Financial Analysis -- Discount Rate for Economic Analysis -- Conclusion -- Further Reading -- Bibliography -- Chapter 3: Project Criteria -- Project Criteria for Single Projects When Benefits Are Valued -- Benefit-Cost Ratio (BCR) -- Net Present Value (NPV) -- Internal Rate of Return (IRR) -- Equivalence of Project Criteria -- Different Points of View: Returns to Total Capital and to the Project Owner -- Project Alternatives -- Choosing Between Project Alternatives When Benefits Are Valued -- A Further Approach to Choosing Between Project Alternatives -- Decisions on Timing -- Choosing Between Project Alternatives When Benefits Are Not Valued: Least Cost Analysis -- Choosing Between Project Alternatives When Benefits Cannot Be Valued: Cost Effectiveness Analysis -- Project Criteria and a Shortage of Investment Funds -- Conclusion -- Further Reading -- Bibliography -- Chapter 4: Theory Behind Economic Analysis of Projects -- Background to Economic Pricing -- Project Effects: Incremental and Non-incremental -- Unit of Account and Numeraire -- Application of Conversion Factors -- Conflicts Between Economic and Financial Criteria -- Conclusion -- Further Reading -- Bibliography. ; Chapter 5: The Domestic Price System of Economic Analysis -- Traded and Non-traded Goods -- Valuation of Traded Goods -- Border Parity Pricing -- Valuation of Non-traded Goods -- Treatment of Labour Cost -- Economic Value of Land -- The Shadow Exchange Rate -- Test for Trade Efficiency-Domestic Resource Cost Ratio -- Conclusion -- Further Reading -- Appendix 1: Applications of Economic Analysis with Irrigation Project Illustration -- The Project -- Economic Analysis -- Appendix 2: Irrigation Project and Domestic Cost Ratio -- Bibliography -- Chapter 6: The World Price System of Economic Analysis -- Rationale for World Price Numeraire -- Equivalence of the Two Systems -- Traded Goods in a World Price System -- Non-traded Goods in a World Price System -- Labour in a World Price System -- Land in a World Price System -- World Price Units and Willingness to Pay (WTP) -- Irrigation Illustration Using World Price Numeraire -- A More Detailed Analysis -- Conclusion -- Further Reading -- Appendix 1: Semi-Input-Output (SIO) Analysis -- Illustration of an SIO Application -- Data Issues -- Appendix 2: Semi-Input-Output System -- Bibliography -- Chapter 7: Estimating Willingness to Pay -- Benefit Valuation in Non-traded Activities -- Willingness to Pay (WTP) -- Use of Surveys -- Elicitation Approach -- Benefit Transfer -- Benefit Function Transfer -- Conclusion -- Further Reading -- Appendix 1: Choice Experiment-Illustration from United Kingdom -- Appendix 2: Benefit Function Transfer for Benefit Valuation for a Waste Water Treatment Project in China -- Bibliography -- Chapter 8: Choice of Discount Rate -- Specifications of the Discount Rate -- Social Time Preference Rate -- Shadow Price of Investment -- Where Pinv Is Not Required -- The Weighted SOC Discount Rate -- Equivalence of the Two Approaches -- Choice of Discount Rate. ; STP Rate and Declining Discount Rates -- Is There a Case for Using Different Discount Rates for Different Sectors? -- Fixed Sector Budgets -- Hard to Value Sectors -- Different Types of Benefit -- Conclusion -- Further Reading -- Bibliography -- Chapter 9: Allowing for Uncertainty -- Sensitivity Analysis -- Scenario Analysis -- Risk Analysis and Use of Probabilities -- Reducing Risk -- Further Reading -- Appendix: Option Value and the Value of Waiting -- Bibliography -- Chapter 10: Benefit Valuation in Different Sectors -- Transport -- Non-Incremental Benefits -- Incremental Benefits -- External Effects -- Education Projects -- Health Projects -- Practical Applications of Cost Effectiveness -- Benefit Valuation in Health -- Conclusion -- Further Reading -- Appendix 1: Productivity Benefits and Transport Projects -- Appendix 2: Urban Transport Project -- Appendix 3: Education Project -- Appendix 4: Health Project -- Bibliography -- Chapter 11: Project Analysis and Environmental Effects -- Introduction -- Environmental Value -- Methods of Estimating Environmental Values -- Output- or Market-Based Approaches -- Cost-Based Approaches -- Revealed Preference -- Stated Preference -- Benefit Transfer -- Meta-Analysis -- Valuing Carbon and Other Emissions -- Discounting and the Environment -- Some Environmental Illustrations -- Conclusion -- Further Reading -- Appendix 1: Depletion Premium -- Appendix 2: Meta-Analysis Using Ecosystem Service Database (ESVD) -- Bibliography -- Chapter 12: Financial Analysis of Projects -- Financial Sustainability -- Financial Incentives -- Charges and Cost Recovery -- Price Changes -- Conclusion -- Further Reading -- Bibliography -- Chapter 13: Income Distribution Effects of Projects -- Projects with Important Distributional Effects -- Estimating Income Flows from Financial Statements. ; Power Example: Cost and Benefit Flows at Financial Prices -- Estimating Income Flows from Resource Statements -- Economic Prices and Income Flows -- Foreign Participation in Projects -- Poverty Impact -- Trade-Offs in Poverty Analysis -- Conclusion -- Further Reading -- Appendix 13.1: Water Project Example: Distribution and Tariff Setting -- Benefit Conversion Factors -- Tariff Adjustment -- Appendix 13.2: Weighting System for Project Distribution Analysis -- Revaluing Savings -- Revaluing Consumption -- Bibliography -- Chapter 14: Conclusions -- The Value System in Project Analysis -- Empirical Estimation of Wider Effects -- Future Application of Project Analysis -- Conclusion -- Bibliography -- Index.
• Titolo autorizzato: Project Analysis in Developing Countries
• ISBN: 3-031-40014-3
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910767577803321
• Lo trovi qui: Univ. Federico II