Download or read book Reviving Project Appraisal at the World Bank written by Shantayanan Devarajan and published by World Bank Publications. This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reviving Project Appraisal at the World Bank written by Shantayanan Devarajan and published by . This book was released on 2016 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors focus on two ...
Download or read book Reviving Project Appraisal at the World Bank written by Shantayanan Devarajan and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors focus on two broad questions: 1) what is the proper role for project evaluation in today's world, where countries have reduced major economic distortions and are reconsidering the role of the state? and 2) besides project evaluation, how else can economic analysis ensure high-quality projects? The authors argue for a shift in the emphasis of project evaluation away from a concern with precise rate of return calculations to a broader examination of the rationale for public provision. In this context, three areas critical for proper project appraisal are the counterfactual private sector supply response, the fiscal impact, and the fungibility of lending. (1) Counterfactual private sector supply response. Any type of cost-benefit analysis - be it in the public or the private sector - requires the project evaluator to specify the counterfactual: what would the world have looked like in the absence of the project? Since World Bank projects are public sector projects, the relevant counterfactual involves assessing what the private sector would have otherwise provided, and the relevant magnitude for evaluation purposes is the net contribution of the public project. Failure to consider explicitly the private sector counterfactual during evaluation biases the lending mix of the Bank away from projects with strong public good characteristics toward projects with private good characteristics. (2) Fiscal impact. Applying the private sector couterfactual would lead the Bank to undertake projects with a reasonable case for public intervention, such as basic infrastructure, primary education, and rural health. These projects typically share the characteristics that costs are borne by the public sector while benefits are enjoyed by the private sector. But in the absence of nondistortionary, lump sum taxes, there is likely to be a positive marginal cost of taxation and a premium on public income. Since the Bank has not used such a premium and treats public costs and private benefits equally, it has systematically overestimated the net benefits of these projects. (3) Fungibility of lending. Project-specific appraisal can at best assess only the rate of return and the acceptability of the project being appraised. This limitation is problematic because the project might have been undertaken even without Bank financing. If that is the case, the Bank is actually financing some other project - one not subject to appraisal by the Bank - that would not have been in the investment program without Bank financing. This problem arises because financial resources are fungible to some extent. One way to alleviate this concern is to conduct public expenditure reviews before embarking on the appraisal and financing of specific projects. Furthermore, financing a portion of the government's sectoral investment program may be more effective than project-specific lending.
Download or read book Revival Achieving Schooling for All in Africa 2003 written by Christopher Colclough and published by Routledge. This book was released on 2017-09-29 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Sub-Saharan Africa has the lowest primary enrolments of any major region in the developing world and the number of children out of school is increasing at a faster rate here than anywhere else in the developing world. This timely study (in line with the Millennium Development Goals) examines the methods adopted by the international community to tackle the chronic problems of schooling and poverty in developing countries. Incorporating the results of research conducted at both macro and micro levels, using a range of methodologies, it examines the national differences in school enrolments, using a regional and international comparitive framework. Utilizing both cross-section and household survey data the book examines the causes of under-enrolment in a micro context, based on results from a major international research programme on gender and primary schooling in Africa. The challenges for international aid to provide resources and help secure reforms in support of the international development goals in education are also outlined. This book will appeal to researchers and teachers on African development, officials in international agencies working on education and development and Government officials in African education.
Download or read book Is Economic Analysis of Projects Still Useful written by Pedro Belli and published by World Bank Publications. This book was released on 1996 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book World Bank HIV AIDS Interventions written by Julia Dayton and published by World Bank Publications. This book was released on 1998-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The AIDS epidemic is one of the greatest development challenges of the 20th century. Since 1986, the World Bank has supported member countries' efforts to fight the epidemic in many ways including committing over US$550 million to HIV/AIDS prevention and mitigation efforts. This paper, the first comprehensive study of all World Bank HIV/AIDS-related activities, assesses the appropriateness of Bank interventions from the perspective of public economies and reviews the economic evaluation and implementation of projects.
Download or read book Agriculture Sector Programs written by Nwanze Okidegbe and published by World Bank Publications. This book was released on 1998-01-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sourcebook provides practical guidance to policymakers and program planners in countries and to development agencies on how to carry out or support an agricultural sector programfrom initial discussions, to developing the program concept, to securing broad stakeholder involvement, to implementation. It explains the reasons why countries may wish to undertake a sector or subsector program and describes the conditions which can help ensure the program's success; provides details on how to formulate a sector strategy and bring about institutional reforms; focuses on core public sector activities based on a detailed expenditure review; and suggests ways of encouraging donors to work together under the leadership of the partner country government.
Download or read book Fostering Sustainable Development written by Nwanze Okidegbe and published by World Bank Publications. This book was released on 1997-01-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peace and reconstruction efforts in 1996 dramatically altered the landscape of Bosnia and Herzegovina and brought many tangible benefits to its people. These efforts have already led to improvements in the areas of health, education, unemployment, and infrastructure repair. Sustaining and broadening the positive developments of the past year will be the key task for the country and the international community in 1997-98. This country study examines the near-term reform issues that are essential to generating employment and providing a firm institutional and policy foundation for reconstruction and sustained economic growth. The main areas of emphasis will be on policy and budget reforms--involving institutions for macroeconomic management and bank and enterprise privatization--and reforms affecting labor markets and the social safety net.
Download or read book Evaluating Public Spending written by Sanjay Pradhan and published by World Bank Publications. This book was released on 1996-01-01 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 318. Analyzes the condition needed for achieving sustainable private sector growth in the Visegrad countries--the Czech Republic, Hungary, Poland, and the Slovak Republic. The analysis focuses on the legal and regulatory framework and institutional capacity, the privatization of state enterprises, and private sector development.
Download or read book Analyzing the Distributional Impact of Reforms 2 written by Aline Coudouel and published by World Bank Publications. This book was released on 2005 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The analysis of the distributional impact of policy reforms on the well-being or welfare of different stakeholder groups, particularly on th e poor and vulnerable, has an important role in the elaboration and implementation of poverty reduction strategies in developing countries. In recent years this type of work has been labeled as Poverty and Social Impact Analysis (PSIA) and is increasingly implemented to promote evidence-based policy choices and foster debate on policy reform options. While information is available on the general approach, techniques, and tools for distributional analysis, each sector displays a series of specific characteristics. These have implications for the analysis of distributional impacts, including the types of impacts and transmission channels that warrant particular attention, the tools and techniques most appropriate, the data source typically utilized, and the range of political economy factors most likely to affect the reform process. This volume provides an overview of the specific issues arising in the analysis of the distributional impacts of policy and institutional reforms in selected sectors. Each chapter offers guidance on the selection of tools and techniques most adapted to the reforms under scrutiny, and offers examples of applications of these approaches. This is a companion to the first volume, which offers guidance on trade, monetary and exchange rate policy, utility provision, agricultural markets, land policy, and education."
Download or read book Economic Analysis of Investment Operations written by Pedro Belli and published by World Bank Publications. This book was released on 2001-01-01 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Finance Development September 1997 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Download or read book How Does the Composition of Public Spending Matter written by Stefano Paternostro and published by World Bank Publications. This book was released on 2005 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Public spending has effects which are complex to trace and difficult to quantify. But the composition of public expenditure has become the key instrument by which development agencies seek to promote economic development. In recent years, the development assistance to heavily indebted poor countries (HIPCs) has been made conditional on increased expenditure on categories that are thought to be "pro-poor". This paper responds to the growing concern being expressed about the conceptual foundations and the empirical basis for the belief that poverty can be reduced through targeted public spending. While it is widely accepted that growth and redistribution are important sources of reduction in absolute poverty, a review of the literature confirms the lack of an appropriate theoretical framework for assessing the impact of public spending on growth as well as poverty. There is a need to combine principles of both public economics and growth theory to develop appropriate theoretical guidance for public expenditure policy. This paper identifies a number of approaches that are beginning to address this gap. Building on these approaches, it proposes a framework that has its foundation in a broadly articulated development strategy and its economic goals such as growth, equity, and poverty reduction. It recommends the use of public economics principles to clarify the roles of the private and public sectors and to recognize the complementarity of spending, taxation, and regulatory instruments available to affect public policy. With regard to the impact of any given type of public spending, policy recommendations must be tailored to countries and be based on empirical analysis that takes account of the lags and leads in their effects on equity and growth and ultimately on poverty. The paper sketches out such a framework as the first step in what will have to be a longer-term research agenda to provide theoretically and empirically robust and verifiable guidance to public spending policy.
Download or read book The Economics of Involuntary Resettlement written by Michael M. Cernea and published by World Bank Publications. This book was released on 1999 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Content Description #Includes bibliographical references.
Download or read book Food Nature and Society written by Michel Blanc and published by Routledge. This book was released on 2017-07-28 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. Focusing on the distinctive ways in which rural social, economic and political life is experienced in developed societies in late modernity, this striking volume draws on empirical material from a wide range of countries within and outside the EU. It also incorporates comparative case studies from South Africa, Australia and New Zealand.
Download or read book Involuntary Resettlement Sourcebook written by and published by World Bank Publications. This book was released on 2004 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Involuntary Resettlement Sourcebook: Planning and Implementation in Development Projects clarifies many policy and technical issues that confront resettlement policymakers and practitioners. It provides guidance on resettlement design, implementation, and monitoring, and it discusses resettlement issues particular to development projects in different sectors, such as urban development, natural resource management, and the building of dams. The sourcebook will be useful to a wide range of stakeholders. Its primary audience is resettlement practitioners, who have a role in the actual design, implementation, and evaluation of resettlement programs. The sourcebook will also be of interest to policymakers and project decision makers.
Download or read book International Trade Policy and the Pacific Rim written by Alan Woolan d and published by Springer. This book was released on 2016-07-27 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: International trade and investment have flourished globally but nowhere so spectacularly as in the Asia-Pacific region. This volume brings together some of the most eminent economists in the field to analyse this vital region from both theoretical and empirical perspectives. The volume focuses especially on trade policy and welfare, game theory analysis of trade policy and the linkages between trade policy and endogenous growth.
