Economic Internal Rate of Return or "EIRR" includes all financial benefits of a projects and non financial benefits (for example CO2 savings, decreased health care interventions, reduced traffic and many other benefits that a project can have on the observed area) of a project expressed with a monetary unit.
Shortly: FIRR considers only financial - so "internal" - costs and benefits of the project in question. To be used by private sector. While EIRR considers also "external" - so social, environmental etc. - outcomes and costs of the project. To be used mainly by public sector.
Economic development, generally speaking, is a process of change that is focused on the betterment of the community, state, and/or nation and financial development is a part of of economic development important part.. it is more on financial.
all I can say is the Asian financial crisis in 1997
Economics development is a measurement of how an economy is developing and takes into account the standard of living, environmental sustainability, social inclusion, competitiveness, infrastructure and human capital levels. The financial system is the system which allows the transfer of money between savers and borrowers.
internal is in and external is out
Economic analysis, in contrast to financial analysis, defines the real resource flows induced by an investment rather than the investment's monetary effects. (JP Gittinger 1982 Economic Analysis of Agricultural Projects) Financial analysis thus relates to the performance of a project from the viewpoint of a stakeholder - eg, a farmer or institution, and looks at investment, maintenance and operation costs and cash revenues after taxes, duties etc. Economic analysis defines the impact of the project on the regional or national economy. It does not consider transfers between economic actors, such as taxes, duties etc. It values traded outputs/costs at their economic level (often defined by their world price net of import or export costs). Non-traded outputs/costs (ie, where price is not determined by "the market") can be valued on the basis of "willingness to pay" or shadow price. Both economic and financial analysis should look at the with project situation compared to the without project (and not before and after) - ie, they take account of changes that would have occurred in the absence of the project investment.
It has a "S"
there is no diffference, i think...
Economic development, generally speaking, is a process of change that is focused on the betterment of the community, state, and/or nation and financial development is a part of of economic development important part.. it is more on financial.
what pakistan has but not other countries
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individual and communal penance!
Plant cells are stationary
differentiate between financial Accounting and management accounting
A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.
the diffenence is tht manga is hotter than lava
These mean the same thing. There is no difference.
The time difference is always 1 hour.