Trick or Treat? Equity Concerns in the Preliminary Feasibility Study of the Republic of Korea
As a project appraisal tool, the preliminary feasibility study (PFS) has contributed to enhancing the efficiency of public investment decision-making in the Republic of Korea over the last two decades. To overcome the limitations of the efficiency-oriented cost-benefit analysis, the PFS accommodates...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
2020-11-01
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| Series: | KDI Journal of Economic Policy |
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| Online Access: | https://doi.org/10.23895/kdijep.2020.42.4.91 |