An approach to the economic analysis of water supply projects

Laszlo Lovei

No 1005, Policy Research Working Paper Series from The World Bank

Abstract: Development economists are increasingly concerned about the correct approach to economic analysis of projects. By looking for a compromise between theory (which identifies ideals) and practice (which deals within the bounds of time and resource constraints), Lovei focuses on potential guidelines for economic appraisals of water supply projects. He summarizes theory and the current World Bank guidelines on the economic analysis of water supply projects; reviews the method of economic analysis applied in 21 recently approved Bank projects; and describes a simplified method that was tested in practice and found to improve substantially the quality of economic analysis in the sector. This new method relies on standardized and rigorous use of information that is routinely available during the preparation of water supply projects.

Keywords: Water and Industry; Water Conservation; Environmental Economics&Policies; Town Water Supply and Sanitation; Water Supply and Sanitation Governance and Institutions (search for similar items in EconPapers)
Date: 1992-10-31
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Citations: View citations in EconPapers (1)

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