An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia

Promoting investments in permanent crops is often considered by the government as a powerful measure to support long-term growth in agriculture. The same attitude is prevalent among agricultural policy makers in Georgia and hence, country’s government and the Ministry of Environmental Protection and...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Zivzivadze Lasha, Taktakishvili Tengiz, Zviadadze Ekaterine, Machavariani Giorgi
Formato:	article
Lenguaje:	EN
Publicado:	De Gruyter 2021
Materias:	permanent crops agricultural investments impact analysis project evaluation project efficiency Agriculture S Agriculture (General) S1-972
Acceso en línea:	https://doaj.org/article/f5539e4c940142739aede4ac6489e054
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:f5539e4c940142739aede4ac6489e054
record_format	dspace
spelling	oai:doaj.org-article:f5539e4c940142739aede4ac6489e0542021-12-05T14:10:58ZAn evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia2391-953110.1515/opag-2021-0012https://doaj.org/article/f5539e4c940142739aede4ac6489e0542021-03-01T00:00:00Zhttps://doi.org/10.1515/opag-2021-0012https://doaj.org/toc/2391-9531Promoting investments in permanent crops is often considered by the government as a powerful measure to support long-term growth in agriculture. The same attitude is prevalent among agricultural policy makers in Georgia and hence, country’s government and the Ministry of Environmental Protection and Agriculture of Georgia initiate and coordinate projects facilitating new investments in permanent crops. The article deals with an evaluation of an impact of “Plant the Future” project in Georgia that provides funds for the potential beneficiaries for planting permanent crops. The structure and scope of the project are discussed in the article, and the relevant data regarding the area planted, financial impact, and beneficiaries for the period from 2015 to 2019 are analysed and the impact projection is made for the period of 2020–2043. Research showed that the target indicators of the project were fully achieved. In addition, there were a high demand from farmers to participate in this project and as a result, the budget spent in 2017–2019 exceeded the planned budget. The project appears to be beneficial in terms of net present values that are positive for all discussed discount rates, meaning that the benefits of the project are greater than costs. The return on investment of the project is around 10%, which is greater than the basic discount rate (8%). Social impact also seems to be high with 1,350 beneficiaries. According to the projection, from 2015 to 2024, around 3,000 beneficiaries will benefit from this project. In the methodology, five evaluation criteria are used, namely, relevance, effectiveness, efficiency, impact, and sustainability. Based on the evaluation, specific recommendations are given.Zivzivadze LashaTaktakishvili TengizZviadadze EkaterineMachavariani GiorgiDe Gruyterarticlepermanent cropsagricultural investmentsimpact analysisproject evaluationproject efficiencyAgricultureSAgriculture (General)S1-972ENOpen Agriculture, Vol 6, Iss 1, Pp 212-222 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	permanent crops agricultural investments impact analysis project evaluation project efficiency Agriculture S Agriculture (General) S1-972
spellingShingle	permanent crops agricultural investments impact analysis project evaluation project efficiency Agriculture S Agriculture (General) S1-972 Zivzivadze Lasha Taktakishvili Tengiz Zviadadze Ekaterine Machavariani Giorgi An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
description	Promoting investments in permanent crops is often considered by the government as a powerful measure to support long-term growth in agriculture. The same attitude is prevalent among agricultural policy makers in Georgia and hence, country’s government and the Ministry of Environmental Protection and Agriculture of Georgia initiate and coordinate projects facilitating new investments in permanent crops. The article deals with an evaluation of an impact of “Plant the Future” project in Georgia that provides funds for the potential beneficiaries for planting permanent crops. The structure and scope of the project are discussed in the article, and the relevant data regarding the area planted, financial impact, and beneficiaries for the period from 2015 to 2019 are analysed and the impact projection is made for the period of 2020–2043. Research showed that the target indicators of the project were fully achieved. In addition, there were a high demand from farmers to participate in this project and as a result, the budget spent in 2017–2019 exceeded the planned budget. The project appears to be beneficial in terms of net present values that are positive for all discussed discount rates, meaning that the benefits of the project are greater than costs. The return on investment of the project is around 10%, which is greater than the basic discount rate (8%). Social impact also seems to be high with 1,350 beneficiaries. According to the projection, from 2015 to 2024, around 3,000 beneficiaries will benefit from this project. In the methodology, five evaluation criteria are used, namely, relevance, effectiveness, efficiency, impact, and sustainability. Based on the evaluation, specific recommendations are given.
format	article
author	Zivzivadze Lasha Taktakishvili Tengiz Zviadadze Ekaterine Machavariani Giorgi
author_facet	Zivzivadze Lasha Taktakishvili Tengiz Zviadadze Ekaterine Machavariani Giorgi
author_sort	Zivzivadze Lasha
title	An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
title_short	An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
title_full	An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
title_fullStr	An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
title_full_unstemmed	An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia
title_sort	evaluation of permanent crops: evidence from the “plant the future” project, georgia
publisher	De Gruyter
publishDate	2021
url	https://doaj.org/article/f5539e4c940142739aede4ac6489e054
work_keys_str_mv	AT zivzivadzelasha anevaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT taktakishvilitengiz anevaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT zviadadzeekaterine anevaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT machavarianigiorgi anevaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT zivzivadzelasha evaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT taktakishvilitengiz evaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT zviadadzeekaterine evaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia AT machavarianigiorgi evaluationofpermanentcropsevidencefromtheplantthefutureprojectgeorgia
_version_	1718371577314148352

An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia

Ejemplares similares