Project evaluation and social‐cost benefit analysis in LDCs: Awkward issues for a useful approachFootnote∗

This is a slightly revised version of a paper presented to an interdepartmental seminar at the University of Witwatersrand. I wish to thank senior participants for their helpful comments, especially Professor D Botha. Professor A D Reekie and Dr Hazel Suchard.

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• Professor of Economics, University of Newcastle, 2308, Australia.
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