This Guide to Cost-Benefit Analysis of Investment Projects & with subtitle Economic appraisal tool for Cohesion Policy 2014-2020 issued in December 2014 for the European Commission is a detailed book for the European Structural Funds. Great importance is given to the sustainability of the Investments that mean in the long term the growing revenues modify substantially the life of citizens due to the impact of infrastructure in the everyday social life of people. Finacial & non-financial indicators are examined such as discount cash flow, economic net present value, financial net present value, social discount rate, operational and maintenance, greenhouse gas emissions and many others. The overestimation of benefits in new projects often determine the failure or the succeeding and combined with the social context: instruction, needs & economic level; the national legislation is another input to consider in the Cost-Benefit Analysis. The "willingness to pay" WTP approach also share the view that the investment infrastructure market fills the gap when the benefits are more and than improving the previous situation. 358 pages filled with graphs and in-depth analysis of the problems framing the mood and procedures of the EU-members states in the Single Market.
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