Economic appraisal of road projects
Gordon Bridger
Abstract
Open-access reader
Gordon Bridger
Abstract
Open-access reader
While road investment theory has been developed for the industrialised world, its application in practice—and especially in the third world—raises formidable problems. This article sets out what road appraisal practitioners face in practice and suggests what aspects of theory are likely to be applicable.
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While road investment theory has been developed for the industrialised world, its application in practice—and especially in the third world—raises formidable problems. This article sets out what road appraisal practitioners face in practice and suggests what aspects of theory are likely to be applicable.
Key concepts: Economic appraisal, Project appraisal, Face (sociological concept), Investment (military), Road construction, Critical appraisal, Business, Political science