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An economic impact analysis (EIA) examines the effect of an event on the economy in a specified area, ranging from a single neighborhood to the entire globe. It usually measures changes in business revenue, business profits, personal wages, and/or jobs. The economic event analyzed can include implementation of a new policy or project, or may ...
Carrying out the impact analysis; Consultation of affected stakeholders and the general public; Coordination with affected departments; Summary and presentation of findings in a report; Forwarding findings to decision makers; Publication of the IA report (not in all countries) The analytical steps, which mainly relate to step 2, can be set out ...
Change impact analysis is defined by Bohnner and Arnold [4] as "identifying the potential consequences of a change, or estimating what needs to be modified to accomplish a change", and they focus on IA in terms of scoping changes within the details of a design.
This involves counterfactual analysis, that is, "a comparison between what actually happened and what would have happened in the absence of the intervention." [2] Impact evaluations seek to answer cause-and-effect questions. In other words, they look for the changes in outcome that are directly attributable to a program.
Finding of No Significant Impact (FONSI): Occurs when no significant impacts are identified in an EA. A FONSI typically allows the lead agency to proceed without having to complete an EIS. Environmental Impact Statement. Scoping: The first meetings are held to discuss existing laws, the available information, and the research needed. The tasks ...
In the United States, a more-detailed version of the report, called a Form 10-K, is submitted to the U.S. Securities and Exchange Commission. [2] A publicly held company may also issue a much more limited version of an annual report, which is known as a "wrap report." A wrap report is a Form 10-K with an annual report cover wrapped around it. [3]
Social impact assessment (SIA) is a methodology to review the social effects of infrastructure projects and other development interventions. Although SIA is usually applied to planned interventions, the same techniques can be used to evaluate the social impact of unplanned events, for example, disasters, demographic change, and epidemics.
In Australia, the RIS process involves extensive analysis of the underlying policy problem, the presentation and impact analysis of at least three viable solutions, and comprehensive stakeholder consultation. Policy proposals must also quantify the regulatory burden on individuals, businesses, and community organisations under the viable options.