Improvement Of Thesocial Benefits Evaluation Of Government Investment Projects

This paper makes an comprehensive analysis and discussion on the evaluation ofgovernment investment projects’ social benefits. Reviewed the project evaluation of socialbenefits on the domestic and international development to discuss the specific evaluationmethods of project’s social benefits. The focus of the evaluation based on the change ofpersonal utility and takes the individual utility as the only component of the social benefits,analyzes the effectiveness of project investment in three aspects of economic, social andenvironment. This paper discusses the theory and methods of evaluation of social benefits ofgovernment investment projects as follows. Evaluation of social benefits of governmentinvestment projects refer to the social and economic benefits generated by the relevantdepartments of the government-funded construction projects of the government loan to buildthe comprehensive, systematic, scientific and comprehensive evaluation. The purpose is tosummarize the lessons of the past through a comprehensive analysis, based on the currentproblems of China’s inequality regional development, the income gap, social problems,combined with building a harmonious society and sustainable development guidelines, tomaximize the balance of the contradiction among economic development,social and naturalto make reasonable suggestions for future investment decision-making and management. Thegeneral principles of scientific objectivity, practicality, authority, independence, transparency,as well as quantitative and qualitative combination of government investment projectsevaluation of social benefits. As mentioned above, the contents of the evaluation of socialbenefits of government investment projects, including effectiveness of evaluation and socialcosts. Effectiveness evaluation is to inspect the project as a whole from the country’smacro-level contribution to national economies, based on the optimal allocation of resources,to assess the feasibility of investment. The social cost of the project including the project onthe regional differences and the impact on income distribution by the project. The impact ofuneven regional development mainly refers to the project to invest in different geographicalimbalances in the whole country or a region. The impact on income distribution of the projectafter the project investment and construction project builders, users (beneficiaries), as well aspopulation income, thus affecting the distribution of income in the community as a whole.Mainly include the following items on the natural environment and resource utilization,Pollution control, the overall energy consumption, and the adaptability of the localenvironment, to maintain ecological balance, and resource utilization. This paper summarizesthe existing social evaluation method based on, referring to foreign social cost-benefitanalysis, social impact assessment of the basic theory and application of scientific methods to evaluate the social benefits of government investment projects. Consider the contribution ofthe project investment for economic development, the analysis projects the impact of thecurrent social, combined with the natural environmental factors, research projects and social,natural mutual adaptability. The evaluation of the program on the basis of information on allaspects of a comprehensive understanding of the project, through qualitative analysis andquantitative analysis, the social benefits of the project, a comprehensive and in-depthevaluation, formative evaluation report. The methods involved in the evaluation include theAnalytic Hierarchy Process, factor analysis, correlation analysis.