Notes on the Economic Evaluation of Transport Projects
Experience has shown that money compensation payments to individual citizens are ineffective when used alone as a means to achieve the Bank's aims and World Bank for evidence on the Bank's experience]. Instead, the Bank's advice is t...
| Main Authors: | , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/01/6367013/evaluation-resettlement-compensation-payments http://hdl.handle.net/10986/11787 |
| Summary: | Experience has shown that money
compensation payments to individual citizens are ineffective
when used alone as a means to achieve the Bank's aims
and World Bank for evidence on the Bank's experience].
Instead, the Bank's advice is that compensation
payments should be a part of a wider, coordinated package of
development assistance. It is not the purpose of this Note
to describe how such a package should be developed, or
indeed how the package as a whole should be evaluated.
Rather, the question addressed in this Note is the narrower
one: How should money compensation payments be evaluated?
Section 2 begins by asking what costs the payments are
intended to compensate for, and on what basis the value of
compensation should be estimated. Section 3 continues to
consider how institutional arrangements affect the way
compensation payments are designed and channeled in
practice. Section 4 turns to the benefits of resettlement
compensation and Section 5 brings these strands together to
consider how compensation payments should be evaluated
within the economic evaluation of World Bank transport projects. |
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