By Caroline L. Dinwiddy
By Francis J. Teal
Publisher: Cambridge University Press
Print Publication Year:1996
Online Publication Date:October 2009
Subjects: Economic development and growth
The book presents the theory of cost-benefit analysis and applies this theory to contemporary problems of development economics. It is distinctive in that it combines an introduction to welfare economics and project appraisal with a discussion of current issues in development economics such as structural adjustment policies, commodity stabilization programs and environmental issues. The book assumes a basic economic understanding and should be a useful text and also of interest to public policy administrators.