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oapen-20.500.12657-324312022-04-26T12:25:56Z Social cost-benefit analysis in Australia and New Zealand. The state of current practice and what needs to be done Dobes, Leo Leung, Joanne Argyrous, George government policy government projects social cost-benefit economic analysis Continental Basketball Association Cost–benefit analysis Decision-making Net present value Sensitivity analysis bic Book Industry Communication::1 Geographical Qualifiers::1M Australasia, Oceania & other land areas::1MB Australasia::1MBF Australia bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPQ Central government::JPQB Central government policies bic Book Industry Communication::K Economics, finance, business & management All is not well with the evaluation of government programs and projects. Resources available to any society are limited. If governments are to increase the well-being of their citizens, they must be able to select and implement the socially most beneficial projects and policies. But many government agencies lack the expertise to carry out a cost-benefit analysis, or even to commission one. Commercial consultants, on the other hand, often have some analytical expertise, but are not immune from adopting approaches that accommodate the proclivities of their client agencies. In order to increase analytical rigour and methodological consistency, this publication urges the adoption of a ‘belts and braces’ set of protocols for use in project evaluation. 2016-06-20 00:00:00 2020-04-01T14:10:12Z 2020-04-01T14:10:12Z 2016 book 610768 OCN: 944226284 9781760460198 http://library.oapen.org/handle/20.500.12657/32431 eng application/pdf n/a 610768.pdf http://press.anu.edu.au/publications/series/australia-and-new-zealand-school-government-anzsog/social-cost-benefit-analysis ANU Press 10.26530/OAPEN_610768 10.26530/OAPEN_610768 ddc8cc3f-dd57-40ef-b8d5-06f839686b71 9781760460198 open access
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All is not well with the evaluation of government programs and projects. Resources available to any society are limited. If governments are to increase the well-being of their citizens, they must be able to select and implement the socially most beneficial projects and policies. But many government agencies lack the expertise to carry out a cost-benefit analysis, or even to commission one. Commercial consultants, on the other hand, often have some analytical expertise, but are not immune from adopting approaches that accommodate the proclivities of their client agencies. In order to increase analytical rigour and methodological consistency, this publication urges the adoption of a ‘belts and braces’ set of protocols for use in project evaluation.
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