Megaprojects and Risk

Erscheinungsjahr 2019
ISBN: 978-0-521-00946-1
Verlag: Cambridge University Press

Buch, Englisch, 215 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 323 g

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.

Autoren/Hrsg.

Flyvbjerg, Bent

Bruzelius, Nils

Rothengatter, Werner

Fachgebiete

• Technische Wissenschaften Umwelttechnik | Umwelttechnologie Umwelttechnik
• Geowissenschaften Umweltwissenschaften Umwelttechnik
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftswissenschaften: Allgemeines
• Geowissenschaften Geographie | Raumplanung Regional- & Raumplanung
• Sozialwissenschaften Psychologie Allgemeine Psychologie Sozialpsychologie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein

Inhaltsverzeichnis

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.

Über Autor(innen)

Rothengatter, Werner
Werner Rothengatter is Head of the Institute of Economic Policy Research and of the Unit on Transport and Communication at the University of Karlsruhe, Germany. He is also the president of the World Congress on Transport Research Society (WCTRS).

Bruzelius, Nils
Nils Bruzelius is Associate Professor at Stockholm University and an independent consultant on transport and planning.

Flyvbjerg, Bent
Bent Flyvbjerg is Founding Chair of Major Programme Management at Oxford University's Saïd Business School and Director of the Oxford Centre for Major Programme Management. Previously, he was Professor in the Department of Planning and Development at Aalborg University. He is the author of the highly successful Making Social Science Matter (Cambridge, 2001) and Rationality and Power (1998).