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Project Appraisal in Developing Countries

In: Economic Development and Planning

Author

Listed:
  • Bela Balassa

Abstract

The paper deals with some theoretical issues related to project appraisal in developing countries. It examines criteria for project appraisal under alternative policy assumptions: (a) optimal policies are applied throughout the economy, (b) non-optimal trade policies are applied but these will give place to optimal policies by the time the project is implemented, and (c) nonoptimal policies will continue to be applied during the lifetime of the project.

Suggested Citation

  • Bela Balassa, 1974. "Project Appraisal in Developing Countries," Palgrave Macmillan Books, in: Willy Sellekaerts (ed.), Economic Development and Planning, chapter 2, pages 40-60, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01933-5_2
    DOI: 10.1007/978-1-349-01933-5_2
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