Approach to the measurement of externalities in the focusing social economic of investment appraisal

Abstract

This article, framed in the Cuban context, presents a method to measure the economic flows of a real investment or externalities, and points as main problems the gathering of economic information, the standardisation of the flows in terms of economic effects and the government.s economics standpoints. This method allows to monitor investment opportunities, especially in the Cuban economy -now shifting from highly centralised to structurally mixed- in which the State, the cooperatives and the private and foreign property go hand by hand generating new interests of effectiveness and financial liquidity that don.t always agree with the social objectives.