Reinstating Economic Evaluations as a Means of Determining whether Agricultural Investment Projects Will Serve the Common Interest

Resumen

Promoters of development projects usually rely on favourable financial evaluations to decide whether or not to implement them. Some follow non-binding frameworks to minimise the negative impacts of these projects, but these are entirely voluntary. Faced with this situation, what we can do is use economic evaluations to determine whether a project will help achieve common interest objectives – such as generating a net increase in wealth and ensuring that it is equitably distributed within the communities concerned.

Therefore, we need to rehabilitate these methods to ensure that investments are better targeted.