tailieunhanh - Economic Analysis of Investment Operations: Analytical Tools and Practical Applications

The World Bank Institute was established by the World Bank in 1955 to train officials con-cerned with development planning, policymaking, investment analysis, and project imple-mentation in member developing countries. At present the substance of WBI’s work empha-sizes macroeconomic and sectoral policy analysis. Through a variety of courses, seminars, workshops, and other learning activities, most of which are given overseas in cooperation with local institutions, WBI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic and social development. Although WBI’s publications are designed to support its training activities, many are of interest to a. | WORLD BANK INSTITUTE Promoting knowledge and learning for a better world Economic Analysis of Investment Operations Analytical Tools and Practical Applications Pedro Belli Jock R. Anderson Howard N. Barnum John A. Dixon Jee-Peng Tan WBI Development Studies WBI Development Series Economic Analysis of Investment Operations Analytical Tools and Practical Applications Pedro Belli Jock R. Anderson Howard N. Barnum John A. Dixon Jee-Peng Tan The World Bank Washington . Copyright 2001 The International Bank for Reconstruction and Development THE WORLD BANK 1818 H Street . Washington . 20433 . All rights reserved Manufactured in the United States of America First printing January 2001 The World Bank Institute was established by the World Bank in 1955 to train officials concerned with development planning policymaking investment analysis and project implementation in member developing countries. At present the substance of WBI s work emphasizes macroeconomic and sectoral policy analysis. Through a variety of courses seminars workshops and other learning activities most of which are given overseas in cooperation with local institutions WBI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic and social development. Although WBI s publications are designed to support its training activities many are of interest to a much broader audience. This report has been prepared by the staff of the World Bank. The judgments expressed do not necessarily reflect the views of the Board of Executive Directors or of the governments they represent. The material in this publication is copyrighted. The World Bank encourages dissemination of its work and will normally grant permission promptly. Permission to photocopy items for internal or personal use for the internal or personal use of specific clients or for educational classroom use is granted by the World Bank provided that the .

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