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Environmental considerations and the choice of the discount rate in developing countries (Английский)

The report begins by summarizing the main issues relating to the choice of the discount rate in project evaluation, and pointing out the implications of this choice for the selection of projects, both in number and variety. In chapter 2 the factors determining the choice of the discount rate are examined in greater detail. In chapter 3, the environmental issues are set out more fully; and the impact of the discount rate on projects with pollution...
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