Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region
This paper benchmarks the quality of project economic analysis in South Asia against other World Bank regions, using data on project exits between 1975 and 2015. The results show that the South Asia region performs on par with the other regions, in...
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| Format: | Working Paper |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/138411488207238423/Special-study-on-benchmarking-the-quality-of-project-economic-analysis-for-the-South-Asia-Region http://hdl.handle.net/10986/26180 |
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okr-10986-261802021-06-08T14:42:47Z Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region Ezemenari, Kene Ye, Xiao PROJECT PERFORMANCE PROJECT PREPARATION AID EFFECTIVENESS rates of return energy transport water agriculture project appraisal This paper benchmarks the quality of project economic analysis in South Asia against other World Bank regions, using data on project exits between 1975 and 2015. The results show that the South Asia region performs on par with the other regions, in that the share of project documents that report estimated economic rates of return have declined from 70 to 36 percent for South Asia and the other regions. This finding suggests there is less attention to project economic analysis (especially for sectors where this has been a traditional practice, such as energy, transport, water, and agriculture). The finding also indicates that the incidence of reporting rates of return in project documents and the dispersion or difference between rates of return estimated at project appraisal and completion are significantly correlated with project performance (after correcting for country- and project-level variables). For the project-level variables, the task team effect is a key variable that explains project outcomes. The paper discusses the implications of the analyses for strengthening project performance and risk mitigation. 2017-03-01T21:30:38Z 2017-03-01T21:30:38Z 2017-02 Working Paper http://documents.worldbank.org/curated/en/138411488207238423/Special-study-on-benchmarking-the-quality-of-project-economic-analysis-for-the-South-Asia-Region http://hdl.handle.net/10986/26180 English en_US Policy Research Working Paper;No. 7983 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper South Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
PROJECT PERFORMANCE PROJECT PREPARATION AID EFFECTIVENESS rates of return energy transport water agriculture project appraisal |
| spellingShingle |
PROJECT PERFORMANCE PROJECT PREPARATION AID EFFECTIVENESS rates of return energy transport water agriculture project appraisal Ezemenari, Kene Ye, Xiao Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| geographic_facet |
South Asia |
| relation |
Policy Research Working Paper;No. 7983 |
| description |
This paper benchmarks the quality of
project economic analysis in South Asia against other World
Bank regions, using data on project exits between 1975 and
2015. The results show that the South Asia region performs
on par with the other regions, in that the share of project
documents that report estimated economic rates of return
have declined from 70 to 36 percent for South Asia and the
other regions. This finding suggests there is less attention
to project economic analysis (especially for sectors where
this has been a traditional practice, such as energy,
transport, water, and agriculture). The finding also
indicates that the incidence of reporting rates of return in
project documents and the dispersion or difference between
rates of return estimated at project appraisal and
completion are significantly correlated with project
performance (after correcting for country- and project-level
variables). For the project-level variables, the task team
effect is a key variable that explains project outcomes. The
paper discusses the implications of the analyses for
strengthening project performance and risk mitigation. |
| format |
Working Paper |
| author |
Ezemenari, Kene Ye, Xiao |
| author_facet |
Ezemenari, Kene Ye, Xiao |
| author_sort |
Ezemenari, Kene |
| title |
Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| title_short |
Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| title_full |
Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| title_fullStr |
Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| title_full_unstemmed |
Special Study on Benchmarking the Quality of Project Economic Analysis for the South Asia Region |
| title_sort |
special study on benchmarking the quality of project economic analysis for the south asia region |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/138411488207238423/Special-study-on-benchmarking-the-quality-of-project-economic-analysis-for-the-South-Asia-Region http://hdl.handle.net/10986/26180 |
| _version_ |
1764461076076822528 |