Evaluating the Effectiveness of the Investment Project
Bakytkan Dauletbakov,
Galym Dauletbakov
Issue:
Volume 4, Issue 4, August 2015
Pages:
57-63
Received:
29 May 2015
Accepted:
6 July 2015
Published:
15 July 2015
Abstract: Evaluating the effectiveness of investment projects is a prerequisite for the selection of the investment portfolio generated by the investor, and based on a number of traditional criteria: NPV (Net Present Value), IRR (Internal Rate of Return), PP (Payback Period), PI (Profitability index) and NFV (Net Future Value). We propose a model of multi-criteria decision-making on the selection of a portfolio of investment projects selected in terms of their effectiveness, based on the modification of the classical NPV (Net Present Value). In particular, the features and options compared NFV (Net Future Value) - efficiency test. In this direction, we should expect interesting results from a scientific and practical point of view. Our approach to assessing the effectiveness of investment projects based on the method of selection of optimal projects taking into account the set of criteria, intended to build interactive decision-making procedures, as the possibility of using rigorous methods, and knowledge and experience of the decision maker (DM). There are various approaches to selecting the resulting unnormalized preference relations on the basis of a plurality of predetermined. The simplest of these is the approach based on the principle of Borda that we have proposed in [17]. In this article we provide a description and the main approaches to the selection criteria by which assesses the effectiveness of possible variants of the portfolio of investment projects. It uses the methodology of constructing a set of solutions based on the Pareto principle.
Abstract: Evaluating the effectiveness of investment projects is a prerequisite for the selection of the investment portfolio generated by the investor, and based on a number of traditional criteria: NPV (Net Present Value), IRR (Internal Rate of Return), PP (Payback Period), PI (Profitability index) and NFV (Net Future Value). We propose a model of multi-cr...
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Assessment on Real Effective Exchange Rate and External Sector Development of Ethiopia
Issue:
Volume 4, Issue 4, August 2015
Pages:
64-70
Received:
13 July 2015
Accepted:
21 July 2015
Published:
13 August 2015
Abstract: This paper tried to assess the movement of real effective exchange rate and external sector development such as export, import & trade balance of Ethiopia using descriptive analysis to incorporate the two major devaluation period from the year 1985/86 to 2012/13. The result revealed that the depreciation of the real effective exchange rate improves the export performance however it doesn’t discourage our import. A result even if there is higher growth of export after a depreciation of the real effective exchange rate, since the growth rate of imports outweigh, there is no improvement in the trade balance account. Thus, the paper recommends among others, Promoting import substitution strategy through subsidies to the domestic industries and reducing taxes to their imported semi finished inputs and awareness creation in favor of the home Produced substitutes should be made to reduce import expense
Abstract: This paper tried to assess the movement of real effective exchange rate and external sector development such as export, import & trade balance of Ethiopia using descriptive analysis to incorporate the two major devaluation period from the year 1985/86 to 2012/13. The result revealed that the depreciation of the real effective exchange rate improve...
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