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Most work that has been done is on the domestic or regional level, and has not been widely shared or distributed within the international academic or policy community. In part because governments in developing and emerging countries have not extensively used cost-benefit analysis, there has been only limited research and discussion of the practice and its potential. Analysis in the book examines the growing reach of cost-benefit analysis presents relevant case studies where cost-benefit analysis has been incorporated in the Americas, Africa, Middle East, and Asia and includes a discussion on the conceptual and institutional issues that must be addressed when adopting cost-benefit analysis in developing and emerging countries. A Cost and Benefit, Case Study Analysis of Biofuels Systems Anthony Gokianluy et al, Within the past decade, biofuels have become key research initiatives and investments for many states with implications for agricultural and developmental economics. CBA for the purpose of analyzing public policy is distinct from financial analysis in the private sec-tor. If the net benefits are positive, the policy promotes economic efficiency. The Globalization of Cost-Benefit Analysis in Environmental Policy examines how cost-benefit analysis can help developing and emerging countries confront the next generation of environmental and public-health challenges. monetary unit, and the cost-benefit criterion is simply a test of whether the benefits exceed the costs. Because these countries face significant limitations on financial resources and have less ability to shoulder inefficient rules, it is extremely important for their officials to determine which policies maximize net benefits for their societies. Yet despite its broad adoption in the industrialized world, most developing and emerging countries have not yet incorporated cost-benefit analysis into their policymaking process. Lawmakers in the advanced economies have used cost-benefit analysis to evaluate core environmental and public health questions, such as urban air pollution control, water quality, and occupational safety. Through decades of research and innovation, institutions have developed in the United States, European Union, and other developed countries that examine and weigh policy alternatives as an aid to governmental decisionmaking. Cost-benefit analysis - the formal estimating and weighing of the costs and benefits of policy alternatives - is a standard tool for governments in advanced economies. Costbenefit analysis (CBA), sometimes also called benefitcost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieving benefits while preserving savings.