Economic analysis of agricultural projects

Front Cover
Economic Development Institute of the World Bank, 1982 - Business & Economics - 505 pages
The project concept: projects, the cutting edge of development: what is a project?; plans and projects; advantages of the project format; limitations of the project format; aspects of project preparation and analysis: technical aspects; institutional-organization-managerial aspects; social aspects; commercial aspects; financial aspects; economic aspects; The project cycle: identification; preparation and analysis; appraisal; implementation; evaluation; Accuracy of agricultural project analyses: economic effects; effect on incomes of rural poor; implementation experience; Why agricultural project analyses prove wrong; problems of project design and implementation; problems of poor project analysis; steps in project analysis; Identifying project costs and benefits: objectives costs, and benefits; with and without comparison; direct transfer payments; Costs of agricultural projects: physical goods; labor; land; contingency allowances; taxes; debt service; sunk costs; Tangible benefits of agricultural projects: increased production; quality improvement; change in time of sale; changes in location of sale; changes in product form (grading and processing); Cost reduction through mechanization; reduced transport costs; losses avoided; other kinds of tangible benefits; secondary costs and benefits; Intangible costs and benefits; Financial aspects of project analysis: prices reflect value; finding market prices: point of first sale and farm-gate price; pricing intermediate goods; other problems in finding market prices; project boundary price; Predicting future prices: changes in relative prices; inflation; Prices for international traded commodities; Financial export and import parity prices; Farm investment analysis; Objectives of financial analysis: assessment of financial impact; judgment of efficient resource use; assessment of incentives; provision of a sound financing plan; coordination of financial contributions; assessment of financial management competence; Financinal analysis of processing industris; Analyzing project effect of government receipts and expenditures; Economic aspects of project analysis: Determining economic values; Aggregating project accounts; Measures of project worth: Comparing project costs and benefits; Applying discounted measures of project worth; Guidelines of project preparation reports: project rationale; the project area; the project; organization and management; production, markets, and financial results; benifits and justification; outstanding; Three-decimal discounting tables; Sources of institutional assistance for project preparation: bilateral assistance; multilateral assistance.

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Projects The Cutting Edge of Development
Limitations of the Project Format
The Project Cycle

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