Batoka Gorge Hydro Electricity Scheme. A Macroeconomic Assessment of Public Investment Options (MAPIO)
Summary
Maximizing the benefits from investment in hydropower requires a clear, predictable, and transparent process informed by robust analyses that can facilitate a multicriteria consideration of the range of options and alternatives that may be available. The upstream tools available to governments to assess the costs and benefits of different investment strategies are often too general or specific to determine the optimal investment strategy. This paper outlines a simple model to assess the returns of a potential investment program in the hydropower sector. The Macroeconomic Assessment of Public Investment Options
(MAPIO) model provides an analysis of impacts on key macroeconomic variables, such as exports, imports, gross domestic product (GDP), prices, and fiscal accounts.
Author: CIWA, World Bank