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14-03: Economic Appraisal of Land and Geospatial Projects
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Economic Appraisal for Land and Geospatial Projects
1Consultingwhere Ltd, United Kingdom; 2World Bank; 3ACIL Allen
The tutorial will provide policy makers and geospatial specialists with an understanding of the application of economic principles and methodologies to socio-economic evaluations of geospatial projects across a range of domains but with a focus on the land sector. it will also cover techniques for the effective presentation of results to policy makers.
The master class will begin with a brief tutorial on the combination of methodologies used in recent national scales studies from developed and developing countries. These will focus on cost-benefit analysis and General Equilibrium Modelling. A further tutorial will cover some of the other techniques currently used in appraisals, ending with a discussion of the advantages and disadvantages of each.
In the second part of the session, we will use a case study to illustrate the trade-offs in evaluating a proposed investment from the perspective of different stakeholders.
The following questions will be addressed: which methodology is appropriate to different circumstances; what strategies are effective to communicate the message;
how are non-financial considerations factored in the analysis.
This session will involve dividing the delegates in groups who will consider these perspectives and design an "elevator pitch" to present their conclusions.