Evaluation of road projects and programs in developing countries
AbstractThe 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 InfoArticle provided by Elsevier in its journal Transport Policy.
Volume (Year): 7 (2000)
Issue (Month): 1 (January)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description
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"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), vol. 0(6), pages 501-529.
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