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Cost-Benefit Analysis for Developing Countries (Paperback)
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Cost-Benefit Analysis for Developing Countries (Paperback)
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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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