Publication: Notes on the Economic Evaluation of Transport Projects : Fiscal Impacts
Date
2005-01
ISSN
Published
2005-01
Author(s)
Mackie, Peter
Nellthorp, John
Laird, James
Abstract
The Economic Evaluation Notes are
arranged in three groups. The first group (TRN-6 to TRN-10)
provides criteria for selection a particular evaluation
technique or approach; the second (TRN-11 to TRN-17)
addresses the selection of values of various inputs to the
evaluation, and the third (TRN-18 to TRN-26) deals with
specific problematic issues in economic evaluation. The
Notes are preceded by a Framework (TRN-5), that provides the
context within which we use economic evaluation in the
transport sector. Transport projects have an impact not only
on citizens and businesses, but on governments - central,
regional and local. Financing and managing the project will
place demands on the government's capital and current
accounts. Whether these demands are greater or smaller, and
how they are phased over time, will depend on the financing
mechanisms used and the extent to which the public sector is
involved. Alternative approaches for private finance and
management are described in the World Bank's
'Public-Private Options' toolkit. In this note, we
consider how the appraisal should take the financial effects
into account, and how they fit within the appraisal results,
as described in the Framework.
Citation
“Mackie, Peter; Nellthorp, John; Laird, James. 2005. Notes on the Economic Evaluation of Transport Projects : Fiscal Impacts. Transport Notes Series; No. TRN 8. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/3674d5c6-eafa-5291-afaa-cc3d425f3bcc License: CC BY 3.0 IGO.”