| Abstract |
This study represents a complementary publication to the Guide to Practical Project Appraisal (see below) and should be read in conjunction with it. It shows how the procedures discussed in the Guide can be applied to actual projects. The study comprises five chapters. Chapter I discusses the principles of social cost-benefit analysis; Chapter II examines the shadow prices relevant for appraising projects within a single country; Chapters III, IV and V apply shadow prices to the appraisal of three industrial projects in Pakistan. |