Matching social costs with benefits.

Abstract

The article titled "Matching Social Costs with Benefits" by M. Azizur Rahman published in The Daily New Nation on April 11, 2012, examines the importance of aligning the social costs and benefits associated with public policies and development initiatives. It discusses how unaccounted externalities, both positive and negative, can lead to inefficient resource allocation and societal inequities. The piece emphasizes the necessity of incorporating comprehensive cost-benefit analyses that consider environmental, social, and economic impacts to ensure sustainable and equitable development outcomes. By advocating for policies that internalize externalities, the article underscores the role of informed decision-making in promoting overall societal welfare.