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Preface
Using This Book
Units of Measurement and Currency
1. Projects, The Cutting Edge of Development
Advantages of the Project Format
Limitations of the Project Format
Aspects of Project Preparation and Analysis
Accuracy of Agricultural Project Analyses
Why Agricultural Project Analyses Prove Wrong
2. Identifying Project Costs and Benefits
Objectives, Costs, and Benefits
"With" and "Without" Comparisons
Costs of Agricultural Projects
Tangible Benefits of Agricultural Projects
Pricing Project Costs and Benefits
Prices for Internationally Traded Commodities
Financial Export and Import Parity Prices
Farm Investment Analysis
Objectives of Financial Analysis
Elements of Farm Investment Analysis
5. Financial Analysis of Processing Industries
6. Analyzing Project Effects on Government Receipts and Expenditures
7. Determining Economic Values
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