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  • Year: 2011
  • Author: Graham R. Marshall, Judith M. McNeill, Ian J. Reeve
  • Publisher: The Institute for Rural Futures - University of New England
  • Country: Australia

The purpose of this document was accordingly to lay the foundations for identifying in the present project an approach to economic accountability that is: (a) consistent with stated reasons for adopting a community-based strategy for environmental management; (b) cost-effective to apply given the capacities of community-based organizations; and (c) consistent with an 'economic way of thinking'.

Three categories of methods for maintaining economic accountability can be distinguished: (i) benefit-cost analysis (BCA); (ii) multi-criteria analysis (MCA); and deliberative methods. These methods are described and reviewed in chapters 2, 3 and 4, respectively. Within each of these categories, we found multiple methods of a more specific nature or purpose.

The development and details of the Investment Framework for Environmental Resources (INFFER) is discussed in chapter 5.

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