Political feasibility and policy analysis

Political feasibility and policy analysis

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Article ID: iaor1992601
Country: United States
Volume: 3
Start Page Number: 151
End Page Number: 170
Publication Date: Sep 1991
Journal: Public Budgeting and Financial Management
Authors:
Keywords: economics, cost benefit analysis
Abstract:

Most analytical techniques assign no weight to political factors even though they may have the strongest explanatory power of all variables considered. As they are generally practiced, these techniques have the extraordinary deficiency of obscuring the problem of conflict of multiple interests. It is assumed that incorporating political values and weights would destroy the essential objectivity of analysis. This argument ignores the fact that policy analysis must be made relevant to the political process and that this relevance can be achieved in a form which does not strip it of its potential value to the decision makers but may even enhance it.

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