Strengthening the Economic Analysis of Natural Resource Management Projects
Strengthening the Economic Analysis of Natural Resource Management Projects

Author: Keith Ward

Publisher:

Published: 2003

Total Pages: 60

ISBN-13:

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A review of a range of natural resources projects prepared during the 1990s by the Asian Development Bank (ADB) suggests that existing practices of economic analysis tend to capture only some of the impacts that such projects typically have. Historically, project analysis at ADB and elsewhere has tended to concentrate on identifying a monetized benefit in excess of 12 percent economic internal rate of return (EIRR) from direct resource use impacts, and simply identifying and describing "nonquantifiable" impacts. With the adoption of the ADB Environment Policy and the growing recognition that it is very often the poorest who suffer most from natural resource depletion and degradation, a case is made that more analytic rigor in capturing as many as possible of the resource impacts of such projects is desirable. This report therefore suggests some specific techniques to strengthen the economic analysis of natural resources projects, including improving the application of the "benefits transfer" method, defining the spatial boundaries of project economic analysis, establishing an appropriate accounting stance for the project, establishing the project's counterfactual (i.e., without-project) situation, and including the health impacts of such projects. The use of appropriate discount rates for sensitivity analysis and for investment decision making are discussed, and guidance is given on presenting the results of a project analysis and summarizing the poverty reduction impact of natural resource management projects.

Strengthening the Economic Analysis of Natural Resource Management Projects
Strengthening the Economic Analysis of Natural Resource Management Projects

Author: Keith Ward

Publisher:

Published: 2003

Total Pages: 60

ISBN-13:

DOWNLOAD EBOOK

A review of a range of natural resources projects prepared during the 1990s by the Asian Development Bank (ADB) suggests that existing practices of economic analysis tend to capture only some of the impacts that such projects typically have. Historically, project analysis at ADB and elsewhere has tended to concentrate on identifying a monetized benefit in excess of 12 percent economic internal rate of return (EIRR) from direct resource use impacts, and simply identifying and describing "nonquantifiable" impacts. With the adoption of the ADB Environment Policy and the growing recognition that it is very often the poorest who suffer most from natural resource depletion and degradation, a case is made that more analytic rigor in capturing as many as possible of the resource impacts of such projects is desirable. This report therefore suggests some specific techniques to strengthen the economic analysis of natural resources projects, including improving the application of the "benefits transfer" method, defining the spatial boundaries of project economic analysis, establishing an appropriate accounting stance for the project, establishing the project's counterfactual (i.e., without-project) situation, and including the health impacts of such projects. The use of appropriate discount rates for sensitivity analysis and for investment decision making are discussed, and guidance is given on presenting the results of a project analysis and summarizing the poverty reduction impact of natural resource management projects.

Rents to Riches?
Rents to Riches?

Author: Naazneen Barma

Publisher: World Bank Publications

Published: 2012

Total Pages: 303

ISBN-13: 0821384805

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Rents to Riches> focuses on the political economy of the detailed decisions that governments make at each step of the natural resource management (NRM) value chain. Many resource-dependent developing countries pursue seemingly shortsighted and suboptimal policies when extracting, taxing, and investing resource rents. The book contextualizes these micro-level outcomes with an emphasis on two central political economy dimensions: the degree to which governments can make credible intertemporal commitments to both resource developers and citizens, and the degree to which governments and inclined to turn resource rents into public goods. Almost 1.5 billion people live in the more than 50 World Bank client countries classified as resource-dependent. A detailed understanding of the way political economy characteristics affect the NRM decisions made in these countries by governments, extractive developers, and society can improve the design of interventions to support welfare-enhancing policy making and governance in the natural resource sectors. Featuring case study work from Africa (Angola, the Democratic Republic of Congo, Ghana, Niger, Nigeria), East Asia and Pacific (the Lao People's Democratic Republic, Mongolia, Timor-Leste), and Latin America and the Caribbean (Bolivia, Chile, Ecuador, Mexico, Trinidad an dTobago_, the book provides guidance for government clients, domestic stakeholders, and development partners committed to transforming natural resource into sustainable development riches.

Investing in Resilience
Investing in Resilience

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2013-01-01

Total Pages: 368

ISBN-13: 9290929502

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Investing in Resilience: Ensuring a Disaster-Resistant Future focuses on the steps required to ensure that investment in disaster resilience happens and that it occurs as an integral, systematic part of development. At-risk communities in Asia and the Pacific can apply a wide range of policy, capacity, and investment instruments and mechanisms to ensure that disaster risk is properly assessed, disaster risk is reduced, and residual risk is well managed. Yet, real progress in strengthening resilience has been slow to date and natural hazards continue to cause significant loss of life, damage, and disruption in the region, undermining inclusive, sustainable development. Investing in Resilience offers an approach and ideas for reflection on how to achieve disaster resilience. It does not prescribe specific courses of action but rather establishes a vision of a resilient future. It stresses the interconnectedness and complementarity of possible actions to achieve disaster resilience across a wide range of development policies, plans, legislation, sectors, and themes. The vision shows how resilience can be accomplished through the coordinated action of governments and their development partners in the private sector, civil society, and the international community. The vision encourages “investors” to identify and prioritize bundles of actions that collectively can realize that vision of resilience, breaking away from the current tendency to pursue disparate and fragmented disaster risk management measures that frequently trip and fall at unforeseen hurdles. Investing in Resilience aims to move the disaster risk reduction debate beyond rhetoric and to help channel commitments into investment, incentives, funding, and practical action

Cost-Benefit Analysis for Development
Cost-Benefit Analysis for Development

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2013-01-01

Total Pages: 367

ISBN-13: 9290929588

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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.

Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy
Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy

Author: Thomas Hertel

Publisher: DIANE Publishing

Published: 2008-05

Total Pages: 42

ISBN-13: 1437900607

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Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.

Economic Analysis and Infrastructure Investment
Economic Analysis and Infrastructure Investment

Author: Edward L. Glaeser

Publisher: University of Chicago Press

Published: 2021-11-11

Total Pages: 479

ISBN-13: 022680058X

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"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Applied Methods for Agriculture and Natural Resource Management
Applied Methods for Agriculture and Natural Resource Management

Author: Siwa Msangi

Publisher: Springer

Published: 2020-08-14

Total Pages: 260

ISBN-13: 9783030134891

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This book assesses recent developments in the analysis of agricultural policy and water resource management, and highlights the utility and theoretical rigor of quantitative methods for modeling agricultural production, market dynamics, and natural resource management. In diverse case studies of the intersection between agriculture, environmental quality and natural resource sustainability, the authors analyze economic behavior - both at aggregate as well as at individual agent-level - in order to highlight the practical implications for decision-markers dealing with environmental and agricultural policy. The volume also addresses the challenges of doing robust analysis with limited data, and discusses the appropriate empirical approaches that can be employed. The studies in this book were inspired by the work of Richard E. Howitt, Emeritus Professor of Agricultural Economics at the University of California at Davis, USA, whose career has focused on the application of robust empirical methods to address concrete policy problems.