Infolge der Regionalisierung von Wirtschafts- und Strukturpolitik entstehen entweder vollkommen neue Institutionen (horizontale Regionalisierung) oder Institutionen mit neuen Kompetenzen (vertikale Regionalisierung). Der Erfolg einer Regionalisierungspolitik läßt sich am Grad der...

In recent years, the international community has expanded efforts in programme evaluation to improve the accountability of development projects. This paper presents approaches to implementing state-of-the-art evaluations in rural electrification projects, taking into account specific challenges...

This paper applies real options theory to establish an overseas oil investment evaluation model that is based on Monte Carlo simulation and is solved by the Least Squares Monte-Carlo method. To better reflect the reality of overseas oil investment, our model has incorporated not only the...

This model of policy evaluation has been developed to identify factors that cause policy outcomes to diverge from the intended results. In this model the explanatory factors may be inherent to the conceptual and institutional framework to which policy makers adhere, or they may be ‘real...

In this essay, VanMetre and Hall draw upon the Austrian and new institutional schools of economics and deploy the Economic Freedom of the World Index to empirically test the relationship between property rights and economic prosperity. Their analysis confirms De Soto's thesis that secure...

One of the most basic and long-standing problems of economic development policy is how to more effectively promote human capital accumulation. In this essay, Heinrich examines the effectiveness of conditional cash transfer programs designed to increase school attendance in the developing world...

Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment activity results (included is a generalized...

Purpose: The liquefied natural gas (LNG) business comprises a number of economic activities with inherent risks. This paper proposes an integrated modelling approach, as part of the investment decision making process, for optimising economic returns from LNG whilst taking into account...

One of the most important criteria in classifying investment projects is economic dependence between new and existing projects. Economic dependence causes the neccessity of specific information in decision making process. The prerequisite of shaping incremental effects projections is to take...