R. M. Grant's research while affiliated with London Business School and other places
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Publication (1)
The ability to forecast and evaluate the impact of selective financial assistance is crucial to the formulation of effective policies of selective industrial intervention. A survey of institutions and methodology across the three countries reveals inadequacies in the quality and the extent of governments’ appraisal of industrial assistance measures...
Citations
... Cost Benefit Analysis (CBA) was not chosen as the preferred option given that it is more useful for project/investment appraisal as opposed to project evaluation. As Grant, 1983 outlined, the technique of CBA has been developed first and foremost for the appraisal of individual investment projects within the public sector. His main argument is that CBA is faced with significant difficulties when applied to the disbursement of industrial activity. ...
