Key Areas of Economic Analysis of Investment Projects

This pamphlet outlines the key areas of economic analysis. It emphasizes that analysis begins at the first stages of project identification, during country partnership strategy preparation, and continues iteratively throughout the project cycle. Economic analysis must be coordinated with institutional, financial, environmental, social, and poverty analyses, forming an integral part of investment appraisal. The pamphlet is intended to help staff and consultants of the Asian Development Bank, and their counterpart staff in developing member countries apply the principles of project economic analysis at each stage of the project development process.