Megaprojects and risk : an anatomy of ambition
Author(s)
Bibliographic Information
Megaprojects and risk : an anatomy of ambition
Cambridge University Press, 2003
- : hbk
- : pbk
Available at 19 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references (p. 180-200) and index
Description and Table of Contents
Description
Megaprojects and Risk provides the first detailed examination of the phenomenon of megaprojects. It is a fascinating account of how the promoters of multi-billion dollar megaprojects systematically and self-servingly misinform parliaments, the public and the media in order to get projects approved and built. It shows, in unusual depth, how the formula for approval is an unhealthy cocktail of underestimated costs, overestimated revenues, undervalued environmental impacts and overvalued economic development effects. This results in projects that are extremely risky, but where the risk is concealed from MPs, taxpayers and investors. The authors not only explore the problems but also suggest practical solutions drawing on theory, experience and hard, scientific evidence from the several hundred projects in twenty nations and five continents that illustrate the book. Accessibly written, it will be the standard reference for students, scholars, planners, economists, auditors, politicians and interested citizens for many years to come.
Table of Contents
- 1. The Megaprojects paradox
- 2. A calamitous history of cost overrun
- 3. The demand for Megaprojects
- 4. Substance and spin in Megaproject economics
- 5. Environmental impacts and risk
- 6. Regional and economic growth effects
- 7. Dealing with risk
- 8. Conventional Megaproject development
- 9. Lessons of privatisation
- 10. Four instruments of accountability
- 11. Accountable Megaproject decision making
- 12. Beyond the Megaprojects paradox
- Appendix. Risk and accountability at work: a case study.
by "Nielsen BookData"