Economic analysis of agricultural projects
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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African Development Bank agricultural projects alternative amount animal units annual annuity factor assets assumed benefit after financing benefit before financing benefit stream benefit-cost ratio benefit-investment ratio breeding cows calculate capital recovery factor cash flow chapter closing stock computation cost of capital cost recovery costs and benefits debt service determine Discount factor discount rate discounted measures discussion domestic economic analysis economic value enterprise estimate export farm budgets farm investment analysis farmers financial analysis foreign exchange premium hectare heifers herd projection import parity included income statement increase incremental net benefit inputs internal rate irrigation project livestock maize marginal value product market price measures of project ment multiplied national income nontraded items Omit Omit Omit operating expenditure opportunity cost output percent period present worth project accounts project analysis project preparation project worth rate of return repayment residual value shadow exchange rate shadow prices taxes tion traded items World Bank