This paper develops a theoretical framework to evaluate the benefits and costs of energy projects in oil-importing developing countries. The framework is used to address various questions: How should the problems of energy dependency and vulnerability be reflected in a project appraisal? Are there externalities not captured in the market price of the resource? Should royalty values be included in cost-benefit calculations? Why do the real prices of...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1985/07/31
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Рабочий документ персонала
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SWP738
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1
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1
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2010/07/01
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Issues in the appraisal of energy projects for oil-importing developing countries
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oil