Poverty Targeting, Distributional Effects and Project Analysis

Elio Londero ()

Chapter 12 in Development Planning and Poverty Reduction, 2003, pp 179-199 from Palgrave Macmillan

Abstract: Abstract During the late 1970s and early 1980s, economists devoted considerable attention to the distributional effects of projects. This attention reflected long-standing concerns of applied welfare economists about the distributive implications of prescriptive judgements (Little 1950). Closer to practice, there were attempts to bring into the open the interpersonal and intertemporal value judgements inherent in investment decisions, using cost—benefit methods in a form intended to be suitable for practical application (Marglin 1967). These efforts, coupled with the perception by international observers that development institutions were not reaching the poor as much as desired, led to the publication of two influential books proposing specific methodologies to bring into the open these value judgements (Little and Mirrlees 1974, UNIDO 1972).

Keywords: Distributional Effect; Project Analysis; Unit Production Cost; Slum Dweller; Efficiency Price (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4374-3_12

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DOI: 10.1057/9781403943743_12

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