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Cost–Benefit Analysis for Developing Countries - Hardcover

 
9781858985671: Cost–Benefit Analysis for Developing Countries
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Cost-benefit analysis is a key component in the evaluation of economic development strategies. In this new, updated version of his earlier book, Project Appraisal for Developing Countries, Robert Brent provides a comprehensive and accessible introduction to recent developments in project appraisal. Cost-Benefit Analysis for Developing Countries interprets, expands and evaluates the principles of project appraisal using the approach recommended by the World Bank. Robert Brent challenges a number of their findings, particularly through the inclusion of the `numbers effect', the number of people affected by a development project, as a separate social objective. The book is based on a combination of sound economic theory and extensive empirical research, and case studies are used throughout to illustrate the theory. The author analyses, from an applied perspective, the most recent developments in project appraisal. He discusses key issues such as: * structural adjustment lending * investment criteria * the basic needs approach * shadow and market prices * the social discount rate * risk analysis. Cost-Benefit Analysis for Developing Countries will be essential reading for students with an interest in development economics, development studies, public policy and comparative economic systems as well as policymakers and practitioners in international organisations and developing countries.

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From the Author:
Robert J. Brent, Professor of Economics, Fordham University, New York, US
Synopsis:
Using case studies, economic theory and empirical research, the author of this work analyzes developments in project appraisal using the approach recommended by the World Bank. Considerations include: investment criteria; risk analysis; the social discount rate; and the basic needs approach.

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  • PublisherEdward Elgar Publishing Ltd
  • Publication date1998
  • ISBN 10 1858985676
  • ISBN 13 9781858985671
  • BindingHardcover
  • Number of pages320

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