Treasury has a great cost-benefit calculator for big-spending projects – we just need to use it better
- Written by Dennis Wesselbaum, Associate Professor, Department of Economics, University of Otago
jax10289/Getty ImagesWhat is the true value of a policy project? For governments tasked with improving citizens’ lives while spending taxpayers’ money responsibly, this is no mere academic question. It lies at the heart of good governance.
Public policy should create social, economic and environmental value. But determining that value...
