Publication: Notes on the Economic Evaluation of Transport Projects

Thumbnail Image
Files in English
English PDF (549.21 KB)
308 downloads

English Text (36.57 KB)
37 downloads
Date
2005-01
ISSN
Published
2005-01
Author(s)
Mackie, Peter
Nellthorp, John
Laird, James
Abstract
Experience has shown that money compensation payments to individual citizens are ineffective when used alone as a means to achieve the Bank's aims and World Bank for evidence on the Bank's experience]. Instead, the Bank's advice is that compensation payments should be a part of a wider, coordinated package of development assistance. It is not the purpose of this Note to describe how such a package should be developed, or indeed how the package as a whole should be evaluated. Rather, the question addressed in this Note is the narrower one: How should money compensation payments be evaluated? Section 2 begins by asking what costs the payments are intended to compensate for, and on what basis the value of compensation should be estimated. Section 3 continues to consider how institutional arrangements affect the way compensation payments are designed and channeled in practice. Section 4 turns to the benefits of resettlement compensation and Section 5 brings these strands together to consider how compensation payments should be evaluated within the economic evaluation of World Bank transport projects.
Citation
Mackie, Peter; Nellthorp, John; Laird, James. 2005. Notes on the Economic Evaluation of Transport Projects. Transport Notes Series; No. TRN 25. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/fce7d7e9-d38a-5164-909c-9d30c67d9139 License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Citations