The great turnaround
The New Bazaar
What Is the Social Rate of Return to a Road in India?
The world bank, in the year two thousand, commissioned a major study called the social rate of return to interstructure and developing countries. It was based on data from 19 85, and the world bank hasn't up date the data since then. So sence, we've got 35 years old on the rate of return an interstructure in the developing world. I'm exaggerating a libit, but not much. Well, it's hard to convince somebody to invest in something if you have such a pausity of data on just how well their investments are going to pay off exactly. And again, no data, no new systematically provided data.
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