"Many countries in Latin America and the Caribbean have achieved considerable economic growth, yet the region still faces many seemingly intractable problems. The conventional wisdom in development agencies - that prioritization is impossible and that everything must be done - is simply not...

This book is a superb textbook treatment of benefit cost analysis. It is well designed for students in public policy, public administration, public health, social work, environmental affairs, law and business. John D. Graham, Indiana University, US Principles and Standards for Benefit-Cost...