Economic analysis of health projects

Economic analysis of health projects by Erik Bloom Download PDF EPUB FB2

Economic analysis for health projects (English) Abstract. This paper applies to the health sector a method of project analysis advocated recently by Devarajan, Squire, and Suthiwart-Narueput.

A health project evaluation should establish a firm justification for Cited by: Project economic analysis plays an important role in ensuring that the mandate of the Charter is met. To ensure consistency in the approach to project economic analysis and to assist ADB staff and consultants with methodology, ADB issues guidelines for the conduct of project economic analysis.

Such guidelines were last issued in In the health sector, a project evaluation should: 1) Establish a firm justification for public involvement.

The author identifies a number of common failures in the markets for both health services and insurance but argues that this should be the starting place for economic analysis, not a reason to ignore economics; 2) Establish the.

Get this from a library. Economic analysis for health projects. [Jeffrey S Hammer; World Bank. Policy Research Department. Public Economics Division.]. ERD Technical Note No. 6 Economic Analysis of Health Projects: A Case Study in Cambodia Erik Bloom and Peter Choynowski May Erik Bloom is an Economist in the Social Sectors Division, Mekong Department while Peter Choynowski is an Economist in the Economic Analysis and Operations Support Division, Economics Research Department, Asian Cited by: 1.

Using Economic Analysis Economic Analyses • Cost-effectiveness analyses (CEA) ‒Different interventions – common health outcome ‒Health outcomes are in ‘naturally occurring’ units (costs of preventing a case or death) • Cost-utility analyses (CUA) ‒A type of CEA ‒Different interventions – different effects on healthFile Size: KB.

Economic analysis involves comparing at least two alternatives in achieving, for example, a certain goal under specific constraints and assumptions. Economic analyses factor in the opportunity costs that people or companies employ.

They measure, in monetary terms, what the benefits of a project are to the economy or : Christian Nordqvist. Handbook for the economic analysis of health sector projects. Manila, Philippines: Project Economic Evaluation Division, Economics and Development Resource Center, © (OCoLC) Economic analysis of projects is a tool for weeding out potentially poor investments and selecting potentially worthwhile ones.

The economic analysis can be used to select among alternative projects or to redesign project components so that they yield more and produce better by:.