ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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The UNIDO Guidelines

The UNIDO Guidelines Bimal Jalan Guidelines for Project Evaluation, United Nations Industrial Development Organisation, 1972; pp xvi + 383. IT is a pity that the publication of these Guidelines, written by Partha Dasgupta, Amartya Sen and Stephen Marglin has been so delayed. The work on these Guidelines seems to have started at about the same time as the work on the OECD Manual on Industrial Project Analysis;1 however, while the OECD Manual was published in 1968, the publication of the UNIDO volume had to wait until 1972. This delay has had an unhappy consequence. Almost by default, the OECD Manual has come to occupy the pride of place as a guide to social cost-benefit analysis in developing countries. It has already won many adherents, and development economists as well as agencies concerned with project evaluation by now have an enormous amount of intellectual capital invested in this particular method of project evaluation. As a result, it may happen that these Guidelines will not receive the attention that they deserve.

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