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100 _aRamachandran Vijay
245 _aThe relevance of cost benefit analysis in a free market economy
362 _a24(3), Oct-Dec 1992, p.172-78
520 _aThe first part of this paper describes the environment of a free market economy and the dangers for a developing country in leaving decisions on investments to be settled in the market place. The second part highlights specific techniques used in cost benefit analysis which make it an effective surrogate for free market forces in the allocation of resources. The concluding part establishes the necessity of circumscribing the extent of government interventiion in market forces to ensure optimal efficiency coupled with social welfare
650 _a Cost Benefit Analysis
650 _aCost Effectiveness
773 _aManagement in Government
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999 _c26660
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