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Ex-post economic impact evaluations are standard requirements for loans and grants from multilateral international development institutions. In many cases, however, lack of sufficient baseline or historical data, or the very nature of the investment itself renders orthodox economic impact...
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tourism industry as part of their regional development policies. The main objective of these programs is to increase local … investment and employment, as tourism activities are labor intensive. Little evidence is available, however, to assess the effect … introduced in 2002 to develop the tourism industry in the undeveloped region of Northeast Brazil. It provides evidence that …
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