ABSTRACT
Following the current state-of-the-art of the theory of shadow prices, and making use of our theoretical findings, the objective of this section is, first, to analyse the guidelines for assessing policy, programme, and project proposals in two case studies considered in this book, the EU Cohesion Policies (ECP) and the Federal Investment Policies of the United States of America, and secondly, to suggest consistent rules and methods for appraising the related interventions.
