Guidelines for the Economic Analysis of Projects Book

I	Introduction	1
II	Background	1
III	The Economic Rationale of a Project	2
IV	Macroeconomic and Sectoral Context	4
V	An Integrated Approach to Economic Analysis	5
VI	Identification and Quantification of Costs and Benefits	10
VII	Valuation of Economic Costs and Benefits	14
VIII	Large Projects, Linkages, and National Affordability	30
IX	Least-Cost and Cost-Effective Analysis	31
X	Investment Criteria: Economic Viability	34
XI	Discount Rate	37
XII	Uncertainty: Sensitivity and Risk Analysis	39
XIII	Sustainability of Project Effects	40
XIV	Distribution of Project Effects	46
XV	Projects and Policies	48
	Appendixes	52