Policy and planning for large infrastructure projects: problems, causes, cures
"This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformati...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2005]
|
| Schriftenreihe: | Policy research working paper
3781 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 12/2/2005 |
| Beschreibung: | 1 Online-Ressource |
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| id | DE-604.BV049074843 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
| institution | BVB |
| language | English |
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| publisher | World Bank |
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| series2 | Policy research working paper |
| spelling | Flyvbjerg, Bent Verfasser aut Policy and planning for large infrastructure projects problems, causes, cures Bent Flyvbjerg, Research working paper Collection Title:Policy [Washington, D.C] World Bank [2005] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3781 Includes bibliographical references Title from PDF file as viewed on 12/2/2005 "This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development pervasive misinformation about the costs, benefits, and risks involved. A consequence of misinformation is massive cost overruns, benefit shortfalls, and waste. Second, the paper explores the causes of misinformation and finds that political-economic explanations best account for the available evidence: planners and promoters deliberately misrepresent costs, benefits, and risks in order to increase the likelihood that it is their projects, and not the competition's, that gain approval and funding. This results in the "survival of the unfittest," where often it is not the best projects that are built, but the most misrepresented ones. Finally, the paper presents measures for reforming policy and planning for large infrastructure projects, with a focus on better planning methods and changed governance structures, the latter being more important. "--World Bank web site Online-Ausg Also available in print Economic development projects Infrastructure (Economics) World Bank Sonstige oth Flyvbjerg, Bent Policy and planning for large infrastructure projects http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3781 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Flyvbjerg, Bent Policy and planning for large infrastructure projects problems, causes, cures Economic development projects Infrastructure (Economics) |
| title | Policy and planning for large infrastructure projects problems, causes, cures |
| title_auth | Policy and planning for large infrastructure projects problems, causes, cures |
| title_exact_search | Policy and planning for large infrastructure projects problems, causes, cures |
| title_exact_search_txtP | Policy and planning for large infrastructure projects problems, causes, cures |
| title_full | Policy and planning for large infrastructure projects problems, causes, cures Bent Flyvbjerg, Research working paper Collection Title:Policy |
| title_fullStr | Policy and planning for large infrastructure projects problems, causes, cures Bent Flyvbjerg, Research working paper Collection Title:Policy |
| title_full_unstemmed | Policy and planning for large infrastructure projects problems, causes, cures Bent Flyvbjerg, Research working paper Collection Title:Policy |
| title_short | Policy and planning for large infrastructure projects |
| title_sort | policy and planning for large infrastructure projects problems causes cures |
| title_sub | problems, causes, cures |
| topic | Economic development projects Infrastructure (Economics) |
| topic_facet | Economic development projects Infrastructure (Economics) |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3781 |
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