Financial and Economic Analysis Manual for Project Development

Author: European Union, European Commission
Publisher:
Publish Date: 2004-09-01
Features: Financial and economic analysis is essentially the basis for project decision-making by identifying and quantifying the costs and benefits of investment projects. For most investment projects, financial and economic analysis is the core of project feasibility studies and evaluation, with incremental analysis and comparative analysis throughout the entire process. The "Handbook of Financial and Economic Analysis for Development Projects" (hereinafter referred to as "The Handbook") is a classic work on project evaluation, formed on the basis of the EU's "Impact Assessment" and incorporating the essence of other analytical methods. The Handbook not only reflects the latest theoretical frontiers and practical dynamics of international project financial and economic analysis today but also provides valuable inspiration for improving China's project evaluation system. It is an important reference book for the professional qualification examination of Certified Investment Consultants in China. The Handbook is richly illustrated with numerous "tree-like" charts that outline the steps and methods of various types of project financial and economic analysis. The book is divided into eight chapters and eight appendices, with case studies provided at the end of each chapter. Professor Zhang Xiaoli of the Investment Department, Central University of Finance and Economics, and Mr. Xu Chengbin, a senior engineer at Beijing Engineering Consulting Company, are responsible for the Chinese translation of The Handbook. Mr. Li Kaizhong, Deputy Director of the Policy Research Department and Director of the Center for Investment Project Feasibility Studies and Evaluation at China International Engineering Consulting Corporation, is responsible for the overall proofreading of the book.