Public-private partnerships for storm risk management in the Cayman Islands

Abstract of Working Paper 21 We analyse the role of public and private responsibility in the provision of public goods – specifically, national hurricane preparedness, including early warnings and post-impact recovery. This is achieved through a review of the changes that have occurred in the Cayman Islands’ National Hurricane Committee (NHC). The NHC is a […]


On non-marginal cost-benefit analysis

Conventional cost-benefit analysis incorporates the normally reasonable assumption that the policy or project under examination is marginal in the sense that it will not significantly change … read more »