PROJECT EVALUATION FOR SUSTAINABLE RURAL-DEVELOPMENT - PLAN SIERRA INTHE DOMINICAN-REPUBLIC

A methodology of project appraisal combining the criteria of economic feasibility, acceptability, and sustainability is developed and applie d to Plan Sierra, a watershed development project in the Dominican Rep ublic. Feasibility is measured by the change in sustainable income due to the project; acceptability by the change in average annual income for the present generation; and sustainability by the difference betwe en changes in sustainable and changes in average annual incomes. These three criteria may be achieved by schemes of tax and subsidy between project and non-project households and between present and future gene rations. (C) 1995 Academic Press, Inc.