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The Economics Of Project Appraisal And The Environment

Editor

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  • John Weiss

Abstract

There is an increasing awareness that new development projects can have a significant impact, positive and negative, on the environment with repercussions at both national and international levels. The Economics of Project Appraisal and the Environment illustrates the current state of knowledge on the problem of incorporating environmental effects into practical project appraisals. Under the editorship of John Weiss, a distinguished group of economists has prepared papers which address issues relating to project appraisal and environmental effects in developing countries. The areas covered include data problems for project analysis, the appropriate discount rate to allow for environmental effects, the carbon storage value of forests, indirect environmental effects from a large mining project in the Brazilian Amazon, the implications of global warming for project appraisal, the use of multi-criteria analysis and some of the limitations in concepts of sustainable development. The contributors argue that although cost-benefit calculations remain an important tool, they require modification to take account of environmental effects.

Suggested Citation

  • John Weiss (ed.), 1994. "The Economics Of Project Appraisal And The Environment," Books, Edward Elgar Publishing, number 465.
    • Handle: RePEc:elg:eebook:465
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    File URL: http://www.e-elgar.com/shop/isbn/9781852786786
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    More about this item

    Keywords

    Economics and Finance; Environment;

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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