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Evaluation of road projects and programs in developing countries

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  • Talvitie, A.
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    Abstract

    The paper discusses the economic evaluation of road projects in developing countries as currently practiced in World Bank-supported projects. Evaluation of road decisions is necessary whenever there is a budget constraint. A basic principle of equity--but not the only one--is that those who receive the benefit also pay for it, thus designating the budget constraint. This is illustrated with two examples. It is also argued that a well-organized road sector, good road management, customer input, and private sector participation in finance and service delivery affect benefits and costs, and can increase the efficiency and level of service to customers.

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    Bibliographic Info

    Article provided by Elsevier in its journal Transport Policy.

    Volume (Year): 7 (2000)
    Issue (Month): 1 (January)
    Pages: 61-72

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    Handle: RePEc:eee:trapol:v:7:y:2000:i:1:p:61-72

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    1. Heggie, I.G. & Vickers, P., 1998. "Commercial Management and Financing of Roads," Papers, World Bank - Technical Papers 409, World Bank - Technical Papers.
    2. Small, K.A., 1997. "Project Evaluation," Papers, California Irvine - School of Social Sciences 97-98-05, California Irvine - School of Social Sciences.
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    Cited by:
    1. T. A. El-Diraby & S. M. Gill, 2006. "A taxonomy for construction terms in privatized-infrastructure finance: supporting semantic exchange of project risk information," Construction Management and Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 24(3), pages 271-285.
    2. Major, Iván, 2004. "A korlátozó szabályozástól az ösztönző szabályozásig. A közlekedés szabályozása az Európai Unióban és Magyarországon
      [From restricting regulation to incentive regulation. Transpor
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 501-529.
    3. Shi, Jing & Zhou, Nian, 2012. "A quantitative transportation project investment evaluation approach with both equity and efficiency aspects," Research in Transportation Economics, Elsevier, Elsevier, vol. 36(1), pages 93-100.

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