COST-BENEFIT TRIPS UP THE CORPS

The administration has questioned the use of cost-benefit analysis by the U.S. Army Corps of Engineers in justifying waterway improvement projects. Certain economists have agreed in this appraisal. Among flagrant abuses are unrealistically high traffic volumes on proposed waterways, understatement of barge traffic which can be moved on existing waterways; and interest rates which are far too low. Environmental and railroad interests are mounting an attack on current projects justified in these ways.

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  • Corporate Authors:

    McGraw-Hill, Incorporated

    330 West 42nd Street
    New York, NY  USA  10036
  • Publication Date: 1979-2-19

Media Info

  • Features: Photos;
  • Pagination: p. 96-97
  • Serial:
    • Business Week
    • Issue Number: 2573
    • Publisher: McGraw-Hill, Incorporated
    • ISSN: 0007-7135

Subject/Index Terms

Filing Info

  • Accession Number: 00189804
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Apr 25 1979 12:00AM