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As far as I can tell there are no generally accepted practices for analyzing the economics of such deals. All too often you end up with both the company and the
by Mountain_Skies 8y ago
As far as I can tell there are no generally accepted practices for analyzing the economics of such deals. All too often you end up with both the company and the local government sitting on the same side of the negotiating table while the public has no one representing them much less sitting on the other side of the table. As a result, all kinds of dodgy economic impact statements are made with very little quality analysis performed to assess their likely accuracy. A set of standards for these projects would make it easier for the public to compare them to the deals others have made and make it less easy for the powerful to deceive the masses.