Dixit, Avnash; William, Amy.

Risk -adjusted rates of return for project appraisal. - Washington : World Bank, 1989.

Contends that risk provenia vary greatly across countries and sectors - so adjusting for risk on an individual projects merits makes more sense than applying, a general risk premium on calculations for all lending.


Project Appraisal.
Development projects -- Investments.--Development projects -- Investments.