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    A new SBCA blog post from Szabolcs Szekeres, former CEO of Information for Investment Decisions, Inc. and a longtime BCA practitioner for the Inter-American Development Bank, the World Bank, and the UNDP, previews his forthcoming paper on the social discount rate debate. Szekeres proposes a “two-rate discounting” method — using the Social Opportunity Cost Rate to measure capital costs and the Social Time Preference Rate to discount remaining net benefits — that he argues avoids the common practice of understating capital costs and resolves the long-standing question of which discount rate to apply. Read more>> 


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