Sustainable development : which indicators for investment projects choice ?
Joint Authors
Source
Revue D'économie et de Statistique Appliquée
Issue
Vol. 14, Issue 2 (31 Dec. 2017), pp.294-306, 13 p.
Publisher
National Higher School of Statistics and Applied Economics
Publication Date
2017-12-31
Country of Publication
Algeria
No. of Pages
13
Main Subjects
Business Administration
Economy and Commerce
Abstract EN
How can the contribution of investment projects in the achievement of sustainable development be assessed? Indeed, the analysis of the available methods of project evaluation shows that the conventional indicators seek to maximize profit.
Despite their scientific appearance, "shadow prices" project evaluating methods are subject to the influence of some arbitrarily selected parameters and, hence, may justify anything.
As for the method of effects, it is an effective instrument as it enables the assessment of the economic impacts of a project on the national economy, in terms of integration in the national economy and dependence on foreign countries.
All of these project evaluation methods do not take into consideration the effects on environment, but the Life cycle analysis provides a remedy to this omission.
This approach, that assumes that inputs and outputs are converted in terms of impact on environment, leads to the conversion of all the elements impacting environment into a common assessment to produce a numerical indicator.
This conversion is based on assumptions that are not accepted by all environmental experts.
Ultimately, this approach offers a set of non-agreeable indicators that are difficult to perform.
Sustainable development is a commendable goal; however, the project selection indicators that contribute to its realization need to be refined.
American Psychological Association (APA)
Bellir, Rabah& Zakan, Ahmad. 2017. Sustainable development : which indicators for investment projects choice ?. Revue D'économie et de Statistique Appliquée،Vol. 14, no. 2, pp.294-306.
https://search.emarefa.net/detail/BIM-868385
Modern Language Association (MLA)
Bellir, Rabah& Zakan, Ahmad. Sustainable development : which indicators for investment projects choice ?. Revue D'économie et de Statistique Appliquée Vol. 14, no. 2 (2017), pp.294-306.
https://search.emarefa.net/detail/BIM-868385
American Medical Association (AMA)
Bellir, Rabah& Zakan, Ahmad. Sustainable development : which indicators for investment projects choice ?. Revue D'économie et de Statistique Appliquée. 2017. Vol. 14, no. 2, pp.294-306.
https://search.emarefa.net/detail/BIM-868385
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 306
Record ID
BIM-868385