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.
Subject(s):
Economics Economic
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST