It has always been thought that some level of pollution and waste
is unavoidable in development projects. But no one has made much
effort to quantify and assess the extent of this sort of damage. In
this book a group of analysts from the Asian Development Bank and
from the East West Center propose a means of constructing useful
economic evaluations of the impacts of development projects on the
environments in which they are constructed. This study demands the
systematic evaluation of all the intentional and unintentional
consequences of development initiatives before they are determined
upon. It is essential reading for development economists, analysts
and bankers. Originally published in 1986
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