This paper revisits the relationship between economic growth and employment creation as expressed in Okun’s law by using the latest updated global ILO dataset for new and more detailed estimates. The analysis confirms that there are important variations across regions of the world and income...

1. Introduction -- 2. Main Features of Projects, Project Resource Statements and Financial Statements -- 3. Project Criteria and Differences between Financial and Economic Analysis -- 4. National Economic Returns and Use of Economic Prices -- 5. Comparing Alternative Approaches -- 6. Economic...

Investment projects are an important mechanism for economic development. However, their costs and benefits must be assessed to ensure that the resources committed are being used as productively as possible. This book explains the techniques available to assess the economic impact of projects in...