Published: 1996-01-01
Total Pages: 146
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World Bank Discussion Paper No. 322. Examines the methodologies for project evaluation that, in principle, have been adopted and stylized by the World Bank. The paper discusses the Bank's formally adopted methods and those actually practiced by Bank staff. The author attempts to put aside old discredited theories and make a start toward constructing new project selection methods that fully reflect the Bank's own characteristics, aims, and comparative advantages.