Cost–Benefit Analysis Traditions: The Approach of EU Regional Policy

Massimo Florio and Silvia Vignetti

Chapter 12 in Current Issues in Project Analysis for Development, 2012 from Edward Elgar Publishing

Abstract: This major work brings together authors with experience of both academic and operational project work to focus on issues such as the shadow exchange rate, the shadow wage, the discount rate and assessment of poverty impact and risk, as well as problems relating to specific sectors covering environmental projects, transport, education and health. There are also general chapters on the experience of semi-input–output-based estimation of shadow prices and the relevance of shadow pricing techniques to the context of developed economies in the EU. An overview by the editors sets out the evolution of the literature and highlights current issues. The general conclusion is that project analysis techniques remain relevant, albeit within a very different development context to that in which they were originally envisaged to be applied.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2012
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