Abstract
Since World War II, development planning has evolved tremendously. Most countries, the major exception being the USA, publish Central Plans, setting targets in terms of national income growth, sometimes also broken down in sectors, regions or income groups. Clearly, the individual projects within the Plan determine to what extent the targets will be achieved. However, even when a country has no development plan, the choice of individual projects is important. In general, given the scarce available resources, one should ensure that each project generates maximum benefits. With this is defined the subject of this study — the theory of project planning or, as it may also be called, the theory of project analysis, project evaluation, or benefit-cost analysis.
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Notes Chapter 1
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© 1979 Martinus Nijhoff Publishing
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Helmers, F.L.C.H. (1979). Some Basic Issues. In: Project planning and income distribution. Studies in development and planning, vol 9. Springer, Dordrecht. https://doi.org/10.1007/978-94-010-3722-8_1
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DOI: https://doi.org/10.1007/978-94-010-3722-8_1
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