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on Project, Program and Portfolio Management |
| By: | Saule Baurzhan (Eastern Mediteranean University); Glenn Jenkins (Queen's University); Godwin O. Olasehinde-Williams (Nanchang University) |
| Abstract: | This paper assesses the economic benefits of 57 World Bank Group-sponsored hydropower dam plant investments. Hydropower dams are among the main sources for producing electricity and the largest renewable source for power generation throughout the world. Hydropower dams are often a lower-cost option for power generation in Clean Energy Transition for addressing global climate change. Despite its conspicuous aspects, constructing hydropower dams has been controversial. Considering the World Bank’s long history as the largest hydropower development financier, this study investigates its performance in supporting hydropower dams. The outcomes of this study apply to the wider hydropower development community. Of the projects in this study, 70% experienced a cost overrun, and more than 80% of projects experienced time overruns, incurring potential additional costs as a result. Despite the high cost and time overruns, this hydropower portfolio of dams produced a present value of net economic benefits by 2016 of over half a trillion USD. Based on our findings, the evaluated hydropower portfolio helped avoid over a billion tonnes of CO2 for an estimated global environmental benefit valued at nearly USD 350 billion. The projects’ additional environmental benefits raise the real rate of return from 15.4% to 17.3%. The implication for hydropower developers is that the projects’ assessment should consider cost and time overrun and factor them into the project-planning contingency scenarios. There is a considerable benefit for developing countries to exploit their hydropower resources if they can be developed according to industry practices and international standards. The case for developing hydropower may be stronger when considering its climate benefits. The net economic benefits of hydropower can be even higher if there is a greater effort to manage cost and time overruns. |
| Keywords: | investment appraisal, carbon emissions, cost overrun, hydropower, dams, World Bank |
| Date: | 2021–08 |
| URL: | http://d.repec.org/n?u=RePEc:qed:wpaper:1463&r= |
| By: | Shérazade Gatfaoui (IRG - Institut de Recherche en Gestion - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12 - Université Gustave Eiffel); Leyla Jaoued-Abassi (IRG - Institut de Recherche en Gestion - UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12 - Université Gustave Eiffel) |
| Abstract: | This research focuses on urban planning from the perspective of the relations between the partners of an eco-district project. It aims to identify and understand the types of trust, mistrust and their evolution in the relations between the partners, as well as the mechanisms associated with them and their impact on the development of the project. This research also aims to lead a managerial and societal reflection. |
| Abstract: | Cette recherche s'intéresse à la planification urbaine sous l'angle des relations entre les parties prenantes d'un projet d'écoquartier. Elle vise à identifier et à comprendre les types de confiance, la méfiance, la défiance et leur articulation et évolution dans les relations entre les partenaires (ville, aménageur, constructeur, promoteur) ainsi que les mécanismes qui leur sont associés et leur impact sur le bon déroulement du projet en cours. Cette recherche se donne également pour ambition de mener une réflexion sur les plans managérial et sociétal. |
| Keywords: | Confiance Intra- et Inter-organisationnelle,Confiance Interpersonnelle,Gouvernance urbaine,ÉcoQuartier,Confiance Institutionnelle |
| Date: | 2021–06–11 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:hal-03268045&r= |
| By: | Wolf, Eva; Van Dooren, Wouter (University of Antwerp) |
| Abstract: | This article investigates the relationship between policy conflict and trust-erosion. It concludes that in a context of trust-erosion, practices to deal with conflict may backfire and lead to further conflict escalation. The article draws on an in-depth analysis of 32 interviews with key actors in the conflict over a contested multibillion-euro highway project in Antwerp (Belgium). It concludes that while all actors draw on the policy repertoire of “managing public support” to explain the conflict, their perspectives of what it means for a policy to have public support differ. Practices to “manage public support” that made sense from one perspective, contributed to the erosion of trust from those holding a different perspective, thus further escalating the conflict. Practices intended to end conflict proved to be fatal remedies. |
| Date: | 2021–08–14 |
| URL: | http://d.repec.org/n?u=RePEc:osf:socarx:z5uxy&r= |
| By: | Sebastian Galiani; José Manuel Paz y Miño; Gustavo Torrens |
| Abstract: | We develop a simple (incumbent versus entrant) strategic deterrence model to study the economic and geopolitical interactions underlying international trade-related infrastructure projects such as the Panama Canal. We study the incentives for global geopolitical players to support allied satellite countries where these projects are or could potentially be built. We show that even if no effective competitor emerges, the appearance of a geopolitical challenger capable of credibly supporting the entrant has a pro-competition economic effect which benefits consumers all over the world. |
| JEL: | H0 L1 |
| Date: | 2021–07 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:29026&r= |
| By: | Kara Contreary; Todd Honeycutt |
| Abstract: | This document briefly introduces the papers developed under the SSI Youth Solutions project. |
| Keywords: | Supplemental Security Income, youth with disabilities, employment, program and policy interventions |
| URL: | http://d.repec.org/n?u=RePEc:mpr:mprres:229987d101144a608afb23f2b0e59717&r= |