This chapter discusses the alternative investment criteria commonly used in the appraisal of investment projects. The net present value (NPV) of a project criterion is widely accepted by accountants, financial analysts, and economists as the one that yields the correct project choices in all...

The financial analysis of a project helps determine the financial viability and sustainability of the project. Since the integrated project analysis begins with the financial analysis and then the economic analysis, the concepts and data ought to be organized in a consequential and consistent...

It is generally agreed that a project's net present value (NPV) is the most important criterion for the financial and the economic evaluation of a project from either the owner's or economic perspective. The NPV criterion requires that a project analyst recommend only projects with positive NPV....

In the financial cash flow analysis, a set of values for the project variables are selected to carry out the analysis for the base case that are projected over the life of the investment project. The values of these variables used in the analysis and the resulting outcomes from a predictive...

In this paper we develop an analytical general equilibrium framework to measure the foreign exchange premium and the premium for non-tradable outlays for a country. The framework allows us to capture in a consistent manner the impacts of the sourcing of funds and their expenditure on tradable...

This review of the fiscal adjustment in Belize focuses on the revenue requirement of the Government in the short term as well as the tax reform measures that are needed in order to meet the longer term revenue requirements of the public sector. The study examines the country's tax design, its...

This paper is a review of the fiscal system of Belize. The emphasis of the study is on the revenue system in terms of its design, administration and its effectiveness in revenue mobilization. Belize is facing a critical public sector deficit situation, but its revenue system, although somewhat...

The objective of this study is to identify the key risks facing each of the stakeholders in the export-focused paprika value chain in Zambia. Although a deterministic cost–benefit analysis indicated that this outgrower scheme would have a very satisfactory net present value (NPV), a Monte...

Many countries exempt the income of firms operating in their free trade or export processing zones from corporate income taxation. This paper examines both theoretically and empirically the incidence of removing this exemption. The empirical analysis is carried out for the Dominican Republic....

Gaming represents a relatively easy source of taxation revenue. As a result gambling is taxed more highly than most other service or entertainment activities because the demand for wagering is relatively insensitive to its price and the excess burden of such taxes on recreational gamblers may...