Reviving Project Appraisal at the World Bank

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4./5 ( download)

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Book Synopsis Reviving Project Appraisal at the World Bank by : Shantayanan Devarajan

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:

Reviving Project Appraisal at the World Bank

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Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Reviving Project Appraisal at the World Bank by : Shantayanan Devarajan

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 ...

Economic Analysis of Investment Operations

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Publisher : World Bank Publications
ISBN 13 : 9780821348505
Total Pages : 294 pages
Book Rating : 4.3/5 (485 download)

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Book Synopsis Economic Analysis of Investment Operations by : Pedro Belli

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.

Reviving Project Appraisal at the World Bank

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Reviving Project Appraisal at the World Bank by : Shantayanan Devarajan

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.

Public Investment Management Reference Guide

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Publisher : World Bank Publications
ISBN 13 : 1464815291
Total Pages : 279 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Public Investment Management Reference Guide by : Jay-Hyung Kim

Download or read book Public Investment Management Reference Guide written by Jay-Hyung Kim and published by World Bank Publications. This book was released on 2020-03-03 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Public Investment Management (PIM) Reference Guide aims to convey country experiences and good international practices as a basis for decisions on how to address a country-specific PIM reform agenda. The country references are drawn largely from previous diagnostics and technical assistance reports of the World Bank. The application of country diagnostics and assessments has revealed a need to address the following issues when undertaking a country reform in PIM: • Clarification of the definition and scope of public investment and public investment management • Establishment of a sound legal, regulatory, and institutional setting for PIM, making sure it is linked to the budget process • Allocation of roles and responsibilities for key players in PIM across government • Strengthening of guidance on project preappraisal, appraisal, and selection-prioritization procedures and deepening of project appraisal methodologies • Integration of strategic planning, project appraisal-selection, and capital budgeting • Management of multiyear capital budget allocations and commitments • Efforts to address effective implementation, procurement, and monitoring of projects • Strengthening of asset management and ex post evaluation • Integration of PIM and public-private partnership (PPP) in a unified framework • Rationalization and prioritization of the existing PIM project portfolio • Development of a PIM database and information technology in the form of a PIM information system. The PIM Reference Guide does not seek to provide definitive answers or standard guidance for the common PIM issues facing countries. Nor does it seek to provide a detailed template for replication across countries: this would be impossible given the diversity of country situations. Instead, each chapter begins with an overview of the specific reform issue, lists approaches and experiences from different countries, and summarizes the references and good practices to be considered in designing country-specific reform actions.

World Development Report 1994

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Publisher : World Bank Publications
ISBN 13 : 9780195209921
Total Pages : 268 pages
Book Rating : 4.2/5 (99 download)

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Book Synopsis World Development Report 1994 by :

Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Global Economic Prospects, June 2021

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Publisher : World Bank Publications
ISBN 13 : 1464816662
Total Pages : 339 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, June 2021 by : World Bank

Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Involuntary Resettlement Sourcebook

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Publisher : World Bank Publications
ISBN 13 : 9780821355763
Total Pages : 470 pages
Book Rating : 4.3/5 (557 download)

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Book Synopsis Involuntary Resettlement Sourcebook by :

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.

The Economics of Involuntary Resettlement

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Publisher : World Bank Publications
ISBN 13 : 9780821337981
Total Pages : 276 pages
Book Rating : 4.3/5 (379 download)

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Book Synopsis The Economics of Involuntary Resettlement by : Michael M. Cernea

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.

Economic Analysis for Health Projects

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Analysis for Health Projects by : Jeffrey Shantayanan Hammer

Download or read book Economic Analysis for Health Projects written by Jeffrey Shantayanan Hammer and published by World Bank Publications. This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Assessing and Restoring Natural Resources In Post-Conflict Peacebuilding

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Publisher : Routledge
ISBN 13 : 1135918805
Total Pages : 519 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Assessing and Restoring Natural Resources In Post-Conflict Peacebuilding by : David Jensen

Download or read book Assessing and Restoring Natural Resources In Post-Conflict Peacebuilding written by David Jensen and published by Routledge. This book was released on 2013-02-15 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: When a country emerges from violent conflict, the management of the environment and natural resources has important implications for short-term peacebuilding and long-term stability, particularly if natural resources were a factor in the conflict, play a major role in the national economy, or broadly support livelihoods. Only recently, however, have the assessment, harnessing, and restoration of the natural resource base become essential components of postconflict peacebuilding. This book, by thirty-five authors, examines the experiences of more than twenty countries and territories in assessing post-conflict environmental damage and natural resource degradation and their implications for human health, livelihoods, and security. The book also illustrates how an understanding of both the risks and opportunities associated with natural resources can help decision makers manage natural resources in ways that create jobs, sustain livelihoods, and contribute to economic recovery and reconciliation, without creating new grievances or significant environmental degradation. Finally, the book offers lessons from the remediation of environmental hot spots, restoration of damaged ecosystems, and reconstruction of the environmental services and infrastructure necessary for a sustainable peace. Assessing and Restoring Natural Resources in Post-Conflict Peacebuilding is part of a global initiative to identify and analyze lessons in post-conflict peacebuilding and natural resource management. The project has generated six books of case studies and analyses, with contributions by practitioners, policy makers, and researchers. Other books address highvalue resources, land, water, livelihoods, and governance.

Is Economic Analysis of Projects Still Useful?

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4./5 ( download)

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Book Synopsis Is Economic Analysis of Projects Still Useful? by : Pedro Belli

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:

Revival: State-Society Relations in Mexico (2001)

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Publisher : Routledge
ISBN 13 : 1351751859
Total Pages : 248 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Revival: State-Society Relations in Mexico (2001) by : Kenneth Edward Mitchell

Download or read book Revival: State-Society Relations in Mexico (2001) written by Kenneth Edward Mitchell and published by Routledge. This book was released on 2017-07-12 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. This detailed empirical study illustrates the different sources of political and economic pressure that combine to produce a process of incremental innovation in Mexican state-society relations. Invaluable to political economists who have a specific focus on Latin America, Mexican politics and public sector reform.

The Revival of China (with Pictures)

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Publisher : Mao Min
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Revival of China (with Pictures) by : MAO Min

Download or read book The Revival of China (with Pictures) written by MAO Min and published by Mao Min. This book was released on with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is about the revival of China in the 20th century and the first decade of the 21st century. It has eight parts: (1) The civil revolution in China, (2) The countryside bases, (3) The Long Match of the Red Army, (4) The Anti Japanese War, (5) Decisive civil battles before the establishment of the People’s Republic of China, (6) The Mao Era before the Great Cultural Revolution, (7) The Great Cultural Revolution, and (8) The Reform and opening up. This version of the book is with pictures.

World Development Report 2019

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Publisher : World Bank Publications
ISBN 13 : 1464813566
Total Pages : 201 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2019 by : World Bank

Download or read book World Development Report 2019 written by World Bank and published by World Bank Publications. This book was released on 2018-10-31 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Public Investment Management Assessment - Review and Update

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Publisher : International Monetary Fund
ISBN 13 : 1498308767
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Public Investment Management Assessment - Review and Update by : International Monetary Fund. Fiscal Affairs Dept.

Download or read book Public Investment Management Assessment - Review and Update written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2018-05-10 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Public Investment Management Assessments (PIMAs) are the IMF‘s key tool for assessing infrastructure governance over the full investment cycle and supporting economic institution building in this area. The PIMA framework was first introduced in the 2015 Board Paper on “Making Public Investment More Efficient,” as part of the IMF’s Infrastructure Policy Support Initiative (IPSI). A key motivation for its development has been that strong infrastructure governance is critical for public investment to spur economic growth. PIMAs offer rigorous assessment of infrastructure governance, that is, the key public investment management (PIM) institutions and processes of a country. On the basis of the PIMAs conducted to date, this paper summarizes the lessons learned and updates the assessment framework itself. PIMAs summarize the strengths and weaknesses of country public investment processes, and set out a prioritized and sequenced reform action plan. The PIMA framework has been well-received by member countries, with over 30 PIMAs conducted to date (mainly in emerging markets (EMs) and low income developing countries (LIDCs), and a pipeline of new requests in place; eight PIMAs have been or are about to be published. The PIMAs conducted show that there is much room for strengthening PIM, with weaknesses spread across the investment cycle. The results and recommendations of several PIMAs have been used in IMF lending, surveillance, and capacity development (CD) work, and have improved support and coordination among CD providers. While leaving the structure of the 2015 framework unchanged, the revised PIMA framework highlights some critical governance aspects more prominently. In particular, it brings out more fully some key aspects of maintenance, procurement, independent review of projects, and the enabling environment (e.g., adequacy of the legal framework, information systems, and staff capacity). Yet, the revised PIMA retains the key features of the 2015 framework, including the three-phase structure (planning, allocation, and implementation) with five institutions assigned to each phase, three dimensions under each institution, and three possible scores under each dimension (i.e., not/partially/fully met). The revision has benefitted from extensive stakeholder feedback, including from IMF teams, World Bank staff, and country authorities."

Restoring Cursed Earth

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Publisher : Rowman & Littlefield
ISBN 13 : 9780742529151
Total Pages : 204 pages
Book Rating : 4.5/5 (291 download)

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Book Synopsis Restoring Cursed Earth by : Matthew R. Auer

Download or read book Restoring Cursed Earth written by Matthew R. Auer and published by Rowman & Littlefield. This book was released on 2004 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among the most costly and complicated chapters in the former Eastern bloc countries' transitions to democracy is the clean up and restoration of the environment. Even as Communist-era environmental problems fade in significance-such as pollution from heavy industry-new threats have emerged. Restoring Cursed Earth considers how rule making, sanctions, incentives, and programs shape environmental protection efforts, and whether and to what extent these emerging policy structures are promoting environmental well-being for citizens in Russia, the Czech Republic, Hungary, Romania, and Estonia.