Problem

Overstated programme advantages

Other Names:
Overestimated economic benefits of projects
Incidence:
In large-scale water projects cost-benefit ratios are often manipulated to give a favourable economic assessment of the projects. Sponsoring agencies overestimate expected annual monetary gains, the benefits of irrigation, outdoor recreation, flood control, job creation potential and the life of dams.
Problem Type:
F: Fuzzy exceptional problems
Subject(s):
Economics Economic
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Date of last update
01.01.2000 – 00:00 CET