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Drawing on the principles of welfare economics and public finance, this second edition of Cost-Benefit Analysis: Theory and Application provides the theoretical foundation for a general framework within which costs and benefits are identified and assessed from a societal perspective. With a thorough coverage of cost-benefit concepts and their underlying theory, the volume carries the reader through the steps of a typical evaluation process, in...

This work consists of original essays and analyses that focus on aspects of the stabilization and liberalization of Turkey between 1980 and 1987. It outlines the problems of liberalization in a highly protective and inward-looking policy environment such as Turkey. The essays also explore several prospects that could assist Turkey's transition to an outward-looking, free-market economy. "Liberalization and the Turkish Economy" provides fresh a...

Cost-Benefit Analysis: Theory and Application, Second Edition provides exposure to welfare economic theory and a comprehensive framework for conducting a complete and theoretically consistent project analysis.