In this paper authors present a preliminary approach to the evaluation of policies and projects based on current thinking on cost benefit analysis and real option methodology and the authors' recent work...
In this paper, authors explore the effects of uncertainty on pricing of pollution permits, through the use of a dynamic model of pollution markets. Authors consider two major sources of uncertainty - that...
Scientific progress offers tremendous potential benefits to society but also presents risks. While research focuses on how to manifest the benefits of any new technology, the outside community fears the...
The purpose of this book is to use model simulations to explore the implications of further trade liberalization as envisaged under the Uruguay round and to examine other dominant issues in world trade...
The authors argue that government policies in agriculture have been costly and misdirected worldwide. For them, this inefficiency need not continue. The Urugauy Round is an ideal opportunity for developed...
This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing...
This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing...
This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing...
This paper describes the economic issues involved in the supplemental feeding of malnourished children. The paper is divided into four major sections. The first section discusses the potential leakages...
This paper describes the economic issues involved in the supplemental feeding of malnourished children. The paper is divided into four major sections. The first section discusses the potential leakages...