3 ecnmic anlysis

Already present • Economic planning • Logical framework • Financial analysis • Economic analysis • Social audit – monitoring • Economic growth To find • Economic analysis – process of documentation • Social audit monitoring and evaluation – accountability • Estimatio n of welfare, poverty inequality • Economic growth- ethical and social issues LOGICAL FRAMEWORK APPROACH (LFA) The Logical Framework Approach (LF A) is a long established act ivi ty des ign methodology used by a range of major multilateral and bilateral donors, including Australia. It is bas ed on a syst ematic anal ysis of the development si tuation, particular ly key development problems, and of the opt ions for addressing those problems. It can be applied in a range of circumstances and to a range of types of aid activity. Although mainly used in the past for the well-established forms of Aus AID activity, it can also be used for new forms of activity such as program support and macro-policy support. The LFA is an analytical, presentational and management tool which can hel p planner s and mana ger s anal yze the exist ing si tuation duri ng act ivit y preparation est ablish a logical hierarchy of means by whi ch objective s wil l be reached ident ify the potentia l risks to achieving the object ives, and to sustainable outcomes • establish how outputs and outcomes might best be monitored and evaluated • if desired, present a summary of the activity in a standard format, and • monitor and review Activities during implementation. LFA can be used throughout Aus AID's management of aid activities in • identifying and assessing activity options • preparing the activity design in a systematic and logical way

3 ecnmic anlysis

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