Application of cost-benefit analysis as a project appraisal technique for local government in South Africa: The case of the proposed developments at the Garden Route dam.

Cost-benefit analysis (CBA) is widely applied as an appraisal technique particularly for use as an input into public decision-making processes. Done properly CBA both helps inform decision-makers and helps hold them accountable for their decisions. While it has the advantage of being systematic and rule-based, CBA has practical limitations regarding what it can reliably show; particularly in situations of limited information, data or resources. Those that commission CBAs may not be aware of these limitations, and CBAs are often requested, or required by regulations in these circumstances. These and other considerations for the use of CBA for local government decision-making in South Africa are illustrated with reference to the case study of the CBA of the proposed development at the Garden Route Dam in George.

Grantor dc:publisher.institution

School of Economics

Year dc:date.issued

2014

Author dc:creator

• Ingle, Kim

Advisor dc:contributor.advisor

• Leiman, Anthony

Language dc:language.iso

eng

Handle dc:identifier.uri

http://hdl.handle.net/11427/8513

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/8513