This paper formally compares the fit of various versions of the incomplete markets model with aggregate uncertainty, relying on a simple Bayesian empirical framework. The models differ in the degree of households' heterogeneity, with a focus on the role of preferences. For every specification,...

Nepal’s Flood Recovery Program (NFRP) is operating in Kailali, Bardiya, Banke, and Kanchenpur districts to increase farm productivity and family income, including rehabilitation and development of small-scale community infrastructures. The purpose of this modeling exercise is to estimate the...

In this paper the feasibility of off-grid solar PV systems in Sub Sahara Africa (SSA) is analysed focusing on five major issues in the context of falling system costs: cost-effectiveness, affordability, financing, environmental impact, and poverty alleviation. Solar PV systems are found to be an...

This report develops a methodology for understanding an ex-ante cost-effectiveness analysis (CEA) regarding optimal breastfeeding promotion. This is a behavior Change and Social Marketing activity. The study compares the “with” to the “without” project case scenarios. A model has been...

The Fourth Fisheries project in Bangladesh has been developed as part of the comprehensive fisheries policy implemented by the Government of Bangladesh. The project hopes to generate economic benefits while being financially sustainable. The fishermen stand to gain considerably as they can reap...

The proposed El Kureimat Plant (module II) project is one of 19 new generation plants that the public electrical utility of Egypt plans to setup over its current planning horizon of 2005-2012. This paper reports on an integrated investment appraisal of the project. The project involves the...

This paper reports on an integrated investment appraisal of a Pan African Development rural satellite projects. The project's main aim is to provide telecommunication services in rural areas of Africa on a large scale at very low costs by using appropriate technology. The objective is to...

This paper deals with the feasibility of a communal irrigation project in the Philippines where the farmer beneficiaries pay for the infrastructure cost and are responsible for the operating and maintenance cost of the irrigation system. A financial analysis from the investment, equity, and...

The Financial Crisis accelerated a latent Fiscal Crisis that had been brewing in many Western countries. The paper outlines the causes of the Financial Crisis, and how this increased expenditure and reduced revenues for many Western governments. But these additional fiscal stresses merely...

This paper reviews how the Pay-As-You-Go (PAYGO) Civil Service and Social Security pension systems in North Cyprus enabled policy makers to make promises to the Turkish Cypriot residents to retain them on the Island following a long protracted civil war. Unfortunately, the success of this policy...