No / The ‘Modified UNIDO Approach’ to economic analysis of projects is described. It was used in Tanzania when no national parameters were available for shadow pricing. The main features are: the choice of a domestic price numeraire; the use of cost breakdowns rather than composite conversion factors, and their application on a year-by-year basis rather than to present values; the treatment of the shadow exchange rate as an unknown and the presentation of results as a matrix of NPV values relating to different combinations of parameters; and calculation of the domestic resource cost of foreign exchange to rank the efficiency of projects in earning or saving foreign exchange.
| Identifer | oai:union.ndltd.org:BRADFORD/oai:bradscholars.brad.ac.uk:10454/13224 |
| Date | January 1990 |
| Creators | Potts, David J. |
| Source Sets | Bradford Scholars |
| Language | English |
| Detected Language | English |
| Type | Article, No full-text in the repository |
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