Professional Documents
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o SAM models where data from national
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accounts, BOP, and flow of funds databases is
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supplemented which household survey data.
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o CGE Models where utility and production
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function are estimated and impacts of policies
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are simulated
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Choosing Projects: Some Decision Criteria
1.NVP Rule
2.Compare the internal rate of return with an
interest rate
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Government failure and preferences
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for market over planning:
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Problems of Plan Implementation and
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Plan Failure
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Government failure
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Implementation
Insufficient and Unreliable Data
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Institutional Weaknesses
Lack of Political Will
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Conflict, Post conflict, and Fragile States
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