This article examines the de-industrialisation hypothesis in the context of recent developments in Sub-Saharan Africa (SSA). Alternative versions of de-industrialisation are considered and a methodology for testing for such effects is put forward. This involves a cross-country analysis using a...

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...