This paper expands the scope of the analyses of both public and private investment projects beyond the traditional criteria of the financial and economic net present value of an investment. It shows that if the economic and financial analyses are carried out using a common numeraire, preferebly,...

Water shortages in North Cyprus are quite evident and both supply and demand policies to alleviate these shortages are urgently needed.This paper reports on an evaluation we have carried out on the financial feasibility of importing water by tanker from Manavgat (Turkey) to Kumkoy (North...