The traditional approach to valuing the benefits of transport investments overlooks their wider economic impacts. Traditional cost-benefit analysis of road projects focuses on estimating the value of time savings that result from upgrading infrastructure to improve the volume and speed of transit. While these benefits are important and have often been enough in and of themselves to justify significant road investments, they overlook the fundamental...
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2022/03/31
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Report
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170304
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1
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2022/04/08
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Disclosed
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Mobility and Development : Innovations, Policies and Practices
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Citation
Watkins,Kara Suzanne; Foster,Vivien; Lebrand,Mathilde Sylvie Maria; Jen JungEun Oh; Pimhidzai,Obert; Niu,Chiyu; Morales Sarriera,Javier.
Mobility and Development : Innovations, Policies and Practices (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099656304082228337