How should governments prioritize infrastructure stimulus investments? Why governments must look beyond cost-benefit analysis

12 Pages Posted: 18 Oct 2022

See all articles by Andreas Leed

Andreas Leed

Oxford Global Projects; University of Oxford - Saïd Business School

Karlene Agard

Oxford Global Projects; University of Oxford - Said Business School

Luke Houghton

affiliation not provided to SSRN

Date Written: September 12, 2022

Abstract

Governments have historically relied on cost-benefit analysis (CBA) to prioritize major projects. But CBA is limited at best—and misleading at worst. With infrastructure stimulus investing on the rise, it’s time for a new approach. Here, Deloitte and Oxford Global Projects share fresh strategies on how governments can prioritize their infrastructure stimulus investments.

Keywords: cost-benefit analysis, CBA, benefit-cost analysis, project appraisal, project prioritization, infrastructure

Suggested Citation

Leed, Andreas and Agard, Karlene and Agard, Karlene and Houghton, Luke, How should governments prioritize infrastructure stimulus investments? Why governments must look beyond cost-benefit analysis (September 12, 2022). Available at SSRN: https://ssrn.com/abstract=4218021 or http://dx.doi.org/10.2139/ssrn.4218021

Andreas Leed (Contact Author)

Oxford Global Projects ( email )

University of Oxford - Saïd Business School ( email )

Oxford, OX1 5NY
United Kingdom

Karlene Agard

Oxford Global Projects ( email )

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

Luke Houghton

affiliation not provided to SSRN

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