Why economic impact is not the same as economic benefit
A project can generate substantial activity while creating limited net value. Good appraisal makes the distinction visible.
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Short articles written for executives, investment professionals, policy leaders and technical advisers.
A project can generate substantial activity while creating limited net value. Good appraisal makes the distinction visible.
Read article ↗CGE can be powerful, but it is not automatically the right tool for every project or policy question.
Read article ↗Long-run value may arise through productivity, accessibility, agglomeration and labour-market effects.
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