What are the key components of a successful economic framework for international projects?
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A successful economic framework for international projects consists of several key components. Firstly, the framework should be based on theories such as New Institutional Economics and Spatial Economics, which can enhance export income and societal benefits . Secondly, sector-specific openness and comparative advantage should be considered to ensure mutual benefits for trading partners . Additionally, a framework should include a financial risk evaluation to mitigate the risks involved in international engineering contracting . Furthermore, the framework should identify different sets of success criteria and factors throughout the project life-cycle phases, allowing for evaluation and forecasting of project results . Lastly, the framework should have connecting components that enable positive engagement and connection between different components of the framework .
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10 Jul 2013 | The provided paper does not specifically mention the key components of a successful economic framework for international projects. |
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Open access 01 Jan 2014 5 Citations | The provided paper does not specifically discuss the key components of a successful economic framework for international projects. |
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